Sr. P&C Claims Specialist

Company Details:

Berkley Risk is a member company of W. R. Berkley Corporation, an A. M. Best A+ rated Fortune 500 holding company. Berkley is comprised of individual operating units that serve a defined insurance market segment. Berkley Risk is focused on providing self-insured entities program administration services and insurance operations which can include taking or sharing risk using Berkley paper. This capability allows us to customize both an insurance company option and a purely administrative option for our customers.

Responsibilities:

To adjust claims as assigned, to perform all claim duties associated with the investigation, evaluation and resolution of all claims assigned.

• Understands and can apply coverage for the claims assigned. Issues appropriate RORs and disclaimers.
• Conducts the necessary investigation, either by phone, or through independent adjusters, to determine coverage, liability and damages.
• Ability to manage some litigated files and oversee defense counsel.
• Evaluates, negotiates, and settles assigned claims within authority granted, or seeks authority for those claims in excess of authority.
• Identifies subrogation/contribution/deductible recovery opportunities and effectively pursues recovery when appropriate.
• Assigns and actively directs independent adjusters as well as defense attorneys. Complies with litigation management guidelines.
• Keeps claim files maintained in a consistent and organized manner, diaries are kept current, and reserves are regularly assessed for adequacy throughout the life of the claim.
• Complies with reinsurance and client reporting guidelines.
• Issues loss and expense payments properly and on a timely basis.

May perform other functions as assigned.

Qualifications:

• 5+ years claims handling experience, with some litigation management experience preferred.
• AIC, CPCU, or other industry coursework preferred.
• Complies with state adjuster licensing where applicable.
• Strong organizational skills.
• Good human relations, negotiation and communications skills.

 

Education Requirement

• College degree or relevant related claim handling experience.

Additional Company Details: Important Outside Agency Notice: Only solicited resumes/candidate profiles that are submitted by a Berkley Preferred Agency Partner that have been requested by Berkley Internal Recruiting to engage in a particular search will be subject to the payment of Agency fees as defined in the formal agency agreement. Any unsolicited resumes/candidate profiles are not subject to payment of the agency fees. The company offers a competitive compensation plan and robust benefits package for full time regular employees. Base salary & Benefits include Health, dental, vision, life, disability, wellness, paid time off, 401(k) and profit-sharing plans. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Additional Requirements: Travel: Occasional travel that may require an overnight stay Sponsorship Details: Sponsorship not Offered for this Role