Claims Specialist - Lost Time Adjuster
Description: • Manages a large inventory of complex claims to evaluate compensability/liability. • Plans and conducts complex claims investigations to confirm coverage and to determine...
Description:
• Manages a large inventory of complex claims to evaluate compensability/liability.
• Plans and conducts complex claims investigations to confirm coverage and to determine liability, compensability and damages.
• Analyzes and negotiates appropriate claim settlements/reserves within prescribed authority.
• May attend arbitrations, mediations, depositions, or trials.
• Conveys complex information regarding coverage and settlements to insureds, claimants, and external partners.
• Authorizes payments in accordance with assigned authority limit and ensures payments are made in a timely manner.
• Maintains accurate and detailed claim files, including all correspondence, reports, and settlement agreements.
• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
• Performs other duties as assigned.
Requirements:
• Education: Bachelors Degree in Business Administration, Risk Management and Insurance, Finance, or a related field or equivalent experience.
• Experience: Generally, a minimum of 9 years of experience in property and casualty claims handling.
• Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Claims (AIC).
Benefits:
• Compensation varies by role, position level, and location.
• Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.
• We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one.
• PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match.
• These benefits are available to eligible full-time and part-time employees. Apply Job!
• Manages a large inventory of complex claims to evaluate compensability/liability.
• Plans and conducts complex claims investigations to confirm coverage and to determine liability, compensability and damages.
• Analyzes and negotiates appropriate claim settlements/reserves within prescribed authority.
• May attend arbitrations, mediations, depositions, or trials.
• Conveys complex information regarding coverage and settlements to insureds, claimants, and external partners.
• Authorizes payments in accordance with assigned authority limit and ensures payments are made in a timely manner.
• Maintains accurate and detailed claim files, including all correspondence, reports, and settlement agreements.
• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
• Performs other duties as assigned.
Requirements:
• Education: Bachelors Degree in Business Administration, Risk Management and Insurance, Finance, or a related field or equivalent experience.
• Experience: Generally, a minimum of 9 years of experience in property and casualty claims handling.
• Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Claims (AIC).
Benefits:
• Compensation varies by role, position level, and location.
• Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.
• We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one.
• PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match.
• These benefits are available to eligible full-time and part-time employees. Apply Job!
