Claims Specialist II - Management Specialty Lines
Key Responsibilities
- Investigates and evaluates coverage, liability and damages to set an appropriate claim strategy, settlement and file reserves within approved claims authority.
- Provides timely and appropriate evaluation of claims to identify and manage reserves in compliance with company standards.
- Analyze coverage and provide comprehensive coverage analysis and claim resolution strategies.
- Provide feedback on claim trends and development. Provide input to underwriters on review of potential and existing insured’s claim experience.
- Delivers outstanding customer service and satisfaction through effective interactions with insured, agents, and legal counsel.
- Maintains current knowledge of applicable lines of insurance, insurance regulations, court decisions which may impact the claims function, current guidelines and policy changes and modifications. This may require attending various seminars and training sessions.
- Contributes to a collaborative environment by consistently demonstrating teamwork, motivation, positive behavior and effort to achieve goals and objectives.
Requirements
May perform other responsibilities as assigned.
Qualifications
- Education: College degree preferred. Juris Doctorate desired.
- Licenses/Certifications/Designations: Associates must acquire the required Federal and/or state licenses/registrations within the time period designated by the business unit. Additional licenses/registrations may be required when new products and services are implemented.
- Experience: Typically, two to four years of claims handling experience. Prior experience in directing defense counsel required. Specific experience in a specific line of business may be required by the hiring business unit.
- Knowledge, Abilities and Skills: Specific knowledge in a particular line of business and/or additional education may be required. Familiarity with various types of insurance policies preferred. The ability to evaluate and interpret information, strong written and verbal communication skills, the ability to multi-task, strong time management and organizational skills, the ability to effectively and efficiently manage all responsibilities.
Skills
Specific knowledge in a particular line of business and/or additional education may be required. Familiarity with various types of insurance policies preferred. The ability to evaluate and interpret information, strong written and verbal communication skills, the ability to multi-task, strong time management and organizational skills, the ability to effectively and efficiently manage all responsibilities.
Benefits
We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Pay
The national salary range for Claims Specialist II - Management Specialty Lines : $69,500.00-$129,000.00
Schedule
The expected starting salary range for Claims Specialist II - Management Specialty Lines : $69,500.00 - $103,500.00