Jobs · Finance · New Jersey

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.

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