Jobs · New Jersey

Claims Senior Specialist

Westfield Insurance · Berkeley Heights, NJ · 1 mo ago
HybridFull-time

Responsibilities

  • Directly handle, manage, and/or oversee commercial and financial lines claims, including Public and Private D&O, Financial Institutions E&O, EPL, Fiduciary, and Crime/Fidelity.
  • Manage claims in accordance with Claim Handling Best Practices through all phases: initial contact, investigation, coverage evaluation, reserving, resolution, and documentation.
  • Provide top-notch customer service in all interactions with internal and external customers and business partners.
  • Review and evaluate policies to determine coverage; resolve coverage-related matters, collaborating with outside counsel as needed.
  • Complete written reports and present claims to management, underwriting, actuary, and reinsurers on claim developments.
  • Adhere to all statutory regulations and Unfair Claims Practices Acts.
  • Consistently communicate claim developments, exposure analyses, and requests for authority to claims management.
  • Participate in mediations, settlement conferences, and see claims through to resolution.
  • Work closely with underwriting and other business partners to review, analyze, and communicate claim trends and help develop policy language.
  • Attend current and prospective meetings with insureds and brokers alongside underwriting.
  • Work with and manage outside vendors, including outside attorneys, to manage budgets and oversee litigation.

Requirements

  • Minimum of 6 to 10 years’ experience at a specialty insurance carrier and/or law firm.
  • Significant experience with public/private D&O, E&O, or EPL claims.
  • Experience with program claims and working with MGU and MGA platforms in a claim capacity.
  • Bachelor’s degree and Juris Doctor from an accredited law school required.
  • Must obtain and maintain insurance adjuster licenses.
  • Excellent written, verbal, and interpersonal communication skills.
  • Strong analytic, investigative, listening, and negotiation skills.
  • Ability to multi-task, prioritize work, and work effectively in a team environment while maintaining attention to detail.
  • Experience working in a fast-paced environment with limited supervision.
  • Proficiency with Microsoft Windows, Outlook, and Excel or equivalent software.
  • Willingness and ability to travel as needed.

Similar jobs

Senior Claims Specialist

Personify HealthTempe, AZ· 4 days ago
Sales$22–$25/hrapply on careers-personifyhealth.icims.com

Senior Claims Specialist

Berkley Industrial Comp (a Berkley Company)Homewood, AL· 1 mo ago
Salesapply on careers-berkley.icims.com

Senior Claims Specialist

Westfield InsuranceLos Angeles, CA· 1 mo ago
Financeapply on fa-exdv-saasfaprod1.fa.ocs.oraclecloud.com

Senior Claims Specialist

ISC (Integrated Specialty Coverages, LLC)San Diego, CA· 1 mo ago
RemoteFinance$83k/yrapply on grnh.se