Claims Examiner I

Full Time
Remote
Posted
Job description
Primary Responsibilities:
  • Analyzes insurance policies and other documents to determine insurance coverage.
  • Investigates and analyzes claim information to determine extent of liability.
  • Handles claims 1st Party Property Claims with complex to major severity.
  • Assist in suits, mediations and arbitrations. Works with Counsel in the defense of litigation.
  • Sets timely, adequate reserves in compliance with the company’s reserving philosophy.
  • Engages experts to assist in the evaluation of the claim.
  • Monitors vendor performance and controls expense costs.
  • Evaluates, negotiates and determines settlement values.
  • Communicates with all interested parties throughout the life of the claim. Proactively discusses coverage decisions, the need for additional information, and settlement amounts with interested parties.
  • Handles all claims in accordance with Best Practices.
  • Responsible for monitoring and completing assigned claims inventory.
  • Acquire and maintain a state adjuster’s license and meet state continuing education requirements.
  • Provides Best-In-Class customer service for insureds and agents.
  • Updates and maintains the claim file.
  • Identifies opportunities for subrogation and ensures recovery interests are protected.
  • Identifies fraud indicators and refers files to SIU for further investigation.
  • Participates in claims audits, internal and external.
  • Provides oversight of TPAs
Education & Experience:
Bachelor’s degree or equivalent work experience
1-3 years of claims adjusting experience
Can handle Assignment of Benefits, Public Adjusters, and Attorneys
State adjuster licenses preferred
Xacitmate and/or Symbility experience preferred
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