Senior Claims Representative, Total Loss
Plymouth Rock Assurance · Parsippany, NJ · 2 wk ago
Finance$64k–$84k/yrFull-time
Responsibilities
- Negotiates and communicates all total loss and diminished value settlements per company and state guidelines.
- Understands the total loss evaluation methodology processes with the ability to effectively communicate these to vehicle owners.
- Reviews damage estimates to confirm vehicles are total losses.
- Documents all settlements and actions in the claim file system.
- Works directly with salvage vendor to move vehicles and obtains salvage bids where necessary.
- Negotiates and settles claims within his/her individual authority. Submits claims for approval to supervisor when over his/her authority or for guidance, review and/or referral when appropriate.
- Escalates claims to supervisor that are not moving in a positive direction.
- Maintains an effective diary system on pending files. Prioritize and handle multiple tasks simultaneously.
- Quickly adjusts to fluctuating workload and responsibilities.
- Keeps involved parties and agents updated on the status of the claim and emerging issues.
- Ensures that service, loss and expense control are maintained at all times.
- Adheres to privacy guidelines, law and regulations pertaining to claims handling.
- Prepares payments to vehicle owners, banks and lease companies.
Qualifications
- Property and casualty claims handling experience desired.
- Ability to work independently and in a team environment.
- Excellent oral and written communication skills.
- Excellent organizational skills.
- Solid problem solving skills.
- Proficient in Word, Excel, MS Outlook.
Perks And Benefits
- 4 weeks accrued paid time off + 9 paid national holidays per year.
- Roybal wellness & health and fitness reimbursement programs.
- 401(k) bonus program.
- Tuition reimbursement.
- Auto and home insurance discounts.
- Volunteer opportunities.
- 2:1 donation matching program.
- Company-paid life and disability insurance plans.
- Optional medical, dental, vision, legal, pet insurance, FSA and identity theft protection plans.
Pay
The pay range for this position is $64,000 to $84,000 annually. Actual compensation will vary based on multiple factors, including employee knowledge and experience, role scope, business needs, geographical location, and internal equity.