Claims Examiner II, Property
About the role
This position will be responsible for the resolution of claims of average complexity and low to mid exposure claims. The primary purpose of this job is to investigate, evaluate, negotiate and settle assigned claims by collecting and analyzing data according to policy application and/or contract provisions. The position will have responsibility for decision making within their authority and work under the general direction from their manager.
Markel Group (NYSE – MKL) is a Fortune 500 company with over 60 offices in 20+ countries, serving as a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.
Responsibilities
- Typically handles low to moderate low exposure claims
- Confirms coverage of claims by reviewing policies and documents submitted in support of claims
- Analyzes coverage and communicates coverage positions
- Drafts coverage position letters independently
- Utilizes acceptable investigation claims handling and settlement techniques that achieve cost effective and timely closure results by obtaining, reviewing and analyzing documentation, policy provisions and other records
- Conducts, coordinates, and directs investigation into loss facts and extent of damages
- Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure
- Sets reserves within authority or makes recommendations concerning reserve changes to manager
- Utilizes diary system to pro-actively resolve outstanding issues and to ensure timely processing and closure of the claim
- Negotiates and settles claims directly with claimant
- Prepares reports by collecting and summarizing information
- Participates in special projects or assists other team members as requested
- Provides timely service throughout the life cycle of the claim by meeting all service level agreements, initiating timely contact to all appropriate parties, and responding to incoming inquiries according to company policy and procedures
- Identifies subrogation opportunities and fraud potential and makes appropriate referrals
- Strong emphasis on customer service to both internal and external customers
Requirements
Education and Certification
- Bachelor’s degree or equivalent work experience
- Advanced degree, or focused technical degree a plus
- Must have or be eligible to receive claims adjuster license
- Successful completion of basic insurance courses or achievement of industry designation (INS, IEA, AIC, ARM, SCLA, CPCU)
Work Experience
- Minimum of two years of claims handling experience or equivalent combination of education and experience
- Knowledge of insurance industry or claims handling preferred
- Successful completion of two years as an Associate Claims Specialist preferred
Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Qualifications
- Excellent written and oral communication skills
- Strong analytical and problem-solving skills
- Strong organization and time management skills
- Intermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word)
- Ability to work in a team environment
- Strong desire for continuous improvement
- Ability to travel to industry conferences or meetings, if required
Pay
The salary range for this position is $58,500 - $121,900. The posted salary range reflects the lowest and highest base salary applicable to this role across U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.
Benefits
- Multiple health, dental and vision insurance plan options
- Optional life, disability, and AD&D insurance
- 401(k) with employer match contributions
- Employee Stock Purchase Plan
- PTO, corporate holidays and floating holidays
- Parental leave