Claims Specialist

About the role

ERGO NEXT’s mission is to help entrepreneurs thrive. We build the only technology-led, full-stack provider of small business insurance in the industry, transforming the customer experience. Since 2016, we’ve helped hundreds of thousands of small business customers across the United States get fast, customized and affordable coverage. We’re backed by industry leaders in insurance and tech, and we’re growing.

Responsibilities

• Extensive policy document and legal contract interpretation
• Ability to analyze and identify coverage and related coverage issues
• Leverage a working knowledge of insurance contracts, Unfair Claims Settlement Practices, insurance codes, civil codes, vehicle codes, arbitration rules and regulations, tort law, claims best practices handling and management as part of your ongoing adjudication of claims
• Manage, investigate, and resolve claims within prescribed authority levels
• Recommend ultimate resolution on assigned cases in excess of authority to claims management
• Rely on a deep background of litigation handling experience in both General Liability and Casualty files to resolve claims
• Consistently drive litigation, attend mediations, trials, and other alternative dispute resolution avenues
• Communicate with policyholders, witnesses, and claimants in order to gather information regarding claims, refer tasks to auxiliary resources as necessary, and advise as to the proper course of action
• Preemptively communicate and respond to various written (email, SMS, fax, mail) and telephone inquiries, including status reports
• Present file materials for authority and roundtables
• Work with nurses, doctors, and attorneys on file reviews
• Comply with all statutory and regulatory requirements of all applicable jurisdiction
• Meet detailed quality assurance standards and meet set goals for performance
• Set and revise case reserves in accordance with the reserving policy
• Identify potentially suspicious claims and refer to SIU; identify opportunities for third-party subrogation
• Be accountable for the security of the financial processing of claims, as well as security information contained in claims files
• Work with, and provide claim-specific guidance to, independent field adjusters
• Partner closely with internal teams and advise leadership of key claim activities and exposures

Requirements

• BS/BA Degree required
• Advanced studies or insurance designation preferred
• At least 15+ years of directly related experience with Commercial General Liability and Litigation
• Strong written and oral communication skills required, as well as strong interpersonal, analytical, investigative, and negotiation skills
• In-depth knowledge of multi-jurisdictional claims handling issues
• Willingness to utilize and adapt to evolving technologies within the Claims operations
• Must be a self-starter and able to work independently
• Candidates must have, or be able to promptly obtain, a Texas Independent Adjuster License

Qualifications

• Effective communication, presentation, negotiation, and persuasion skills
• Ability to collaborate with cross-functional teams to achieve business results
• Proven success in delivering strong results in a rapidly changing claims environment
• High degree of comfort with navigating sometimes ambiguous environments and a willingness to dive in and assist coworkers with workloads or contribute to organizational needs/projects when needed
• Receptivity to feedback and a willingness to learn, embracing continuous improvement, and having an openness to learning new and evolving proprietary and off-the-shelf software systems
• Some travel capability, likely up to 10%

Benefits

• US Annual Base Salary Range For This Full-time Position: $100,000—$143,000 USD
• Partially subsidized medical plan
• Fully subsidized vision/dental options
• Life insurance
• Disability insurance
• 401(k)
• Flexible paid time off
• Parental leave
• Annual performance-based incentive program

Schedule

Full-time

Pay

US Annual Base Salary Range For This Full-time Position: $100,000—$143,000 USD