Claims Specialist – Bodily Injury

📋 Description

• Oversees a portfolio of claims to assess compensability and liability.

• Plans and executes claim investigations to verify coverage and ascertain liability, compensability, and damages.

• Evaluates and negotiates suitable claim settlements or reserves within the designated authority.

• May participate in arbitrations, mediations, depositions, or court trials.

• Communicates moderately complex information regarding coverage and settlements to insured parties, claimants, and external stakeholders.

• Approves payments in line with the designated authority limit and ensures timely disbursement of funds.

• Maintains precise and comprehensive claim files, including all correspondence, reports, and settlement agreements.

• Executes additional responsibilities as assigned.

⛳️ Requirements

• Bachelor’s Degree in Business Administration, Risk Management and Insurance, Finance, or a related field, or equivalent experience.

• Typically, a minimum of 5 years of experience in handling property and casualty claims.

• Completion of or ongoing progress toward a professional designation is preferred, such as Associate in Claims (AIC).

• Strong analytical, negotiation, and problem-solving capabilities.

• Familiarity with insurance policies, coverage, and claims handling procedures.

• Understanding of industry laws and regulations.

• Ability to organize and prioritize caseloads to ensure prompt resolution of claims.

• Excellent interpersonal and communication skills, with the ability to cultivate relationships and lead negotiations.

• Proven track record of managing confidential information with discretion.

🏝️ Benefits

• Medical, dental, and vision coverage.

• Wellness plans.

• Parental leave.

• Adoption assistance.

• Tuition reimbursement.

• Paid Time Off and paid holidays.

• 401(k) plan with company match.

• Employee stock purchase plan.

• Commuter benefits.