Claims Examiner - Binding Authority

Responsibilities

• Provide expert claim handling in areas of coverage, investigation, evaluation, and resolution of complex third-party bodily injury and property damage claims.
• Comport with best practices in claims handling by timely investigating and evaluating on liability and damages.
• Analyze policies and review relevant contracts to explore risk transfer strategies and priority of coverage.
• Draft appropriate coverage position letters.
• Set timely indemnity reserves after conducting thorough investigation and evaluation on liability and damages.
• Proactively approach negotiating claims towards resolution.
• Manage expense reserves and engage in resolution strategies to obtain cost-effective results.
• Provide excellent customer service to insureds and brokers and timely advise underwriting of various losses.
• May be called upon to perform other tasks and duties within the claims department as dictated by business needs.

Qualifications

• Solid planning & organizational skills including time-management and prioritization.
• 2+ years of claims handling experience primarily handling general liability claims.
• Must be willing to obtain adjuster’s license in all states requiring licensure.
• Must be willing to occasionally travel.

Pay

Salary range specific to for this role: $60,000-$97,000 + discretionary incentive bonus + benefits depends on various factors including, without limitation, individual and organizational performance. The offered rate of compensation will be based on individual education, experience, and qualifications. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Schedule

This is not a fully remote position. Applicants must sit in our Morristown, NJ office on our hybrid work schedule.

Benefits

In addition to standard benefits package including paid time off, medical, dental and retirement, employees are eligible for standard benefits package.

Equal Opportunity Employer

Coaction is an Equal Employment Opportunity employer. Coaction’s policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.