Claims Representative II managing moderate-to-complex bodily injury and general liability claims. Investigating losses, determining liability, and negotiating settlements in various states of the US.
Responsibilities
Settles mildly complex claims by determining insurance carrier’s liability and reaches agreement with claimant according to policy provisions and authority level.
May be involved with litigation by analyzing negotiated settlement options; evaluating evidence, and overseeing attorney in the handling of discovery and settlement.
Handles mediations, arbitrations, subrogation, and recorded settlement agreements.
Determines coverage through investigations by examining claim forms, policies, and other records; interviewing claimants, insureds, and witnesses; consulting police and hospital records; inspecting damages; and consulting with experts when appropriate.
Mentors and trains claims representatives in claims expertise by assisting in identifying training needs and opportunities.
Resolves questionable claims by investigating the claim and comparing claims information with evidence.
Ensures proper file documentation of assigned files by complying with company and state requirements.
Prepares reports by collecting, analyzing, and summarizing claim information.
Contributes to team effort (as needed) by participating on catastrophe teams; participating in determining department investigation guidelines; providing feedback to underwriting as needed.
Requirements
Bachelor’s Degree and 3+ years of claims handling experience OR 5+ years of claims handling experience
Proficiency in general liability claims demonstrated through knowledge and experience in insurance policies and coverage
claim payment procedures
insurance regulations
and legal terminology.
Ability to obtain and maintain proper licensing prior to handling a state that requires it.
Professional insurance designations highly desirable.
Litigation experience highly desirable.
Experience using Guidewire Claims System highly desirable.
Benefits
Salary with bonus plan
health, dental, life, and vision insurance
Traditional or Roth 401(k) Defined Contribution Plan PLUS Profit-Sharing Plan
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