Job Summary
Employment Type
Full Time
Years Experience
1 - 3 years
Salary
$70,000 Annual
Bonus/Commission
Yes
Job Description

POSITION SUMMARY:
The Direct Claims Account Associate under supervision handles and/or assists in monitoring, reviewing and coordinating activities involving environmental, asbestos, and latent type claims, including resolution of coverage issues and establishment of adequate reserves.


POSITION ACCOUNTABILITIES:
The following are the primary accountabilities of the position and are expected to be performed with support of a manager and/or mentor:
• Analyzes, investigates, and evaluates new loss notices and claim tenders.
• Works with policy search teams to find copies of alleged coverage where appropriate.
• Expeditiously analyzes and positions claim under applicable primary, umbrella and excess coverage.
• Coordinates the retention of defense counsel with internal/external stakeholders.
• Coordinates and establishes defense strategy with insured, defense counsel and/or other participating insurance carriers.
• Pro-actively manages the case resolution process. Actively participates in mediations as needed, within limit of settlement authority.
• Works with the reinsurance department to provide notice of new accounts, updates on existing accounts and responds to specific reinsurer inquiries.
• Works with in-house Legal/management to manage declaratory judgment actions, including formation and implementation of resolution strategy, settlement valuation and obtaining settlement authority.
• Collaborates on setting reserves at appropriate level for claims.
• Coordinates timely processing of payments including verifying proper allocation of such payments across appropriate policies
• Manages ALAE through strategic handling and bill review/payment processing in coordination with the billing unit.
• Appropriately documents claims in hard copy and/or systems in accordance with established guidelines.
• Obtains and maintains adjuster licenses, as required.
• Travels as necessary

PERFORMANCE REQUIREMENTS:
• Demonstrate analytical skills.
• Demonstrate verbal and written communication skills including proper grammar usage and imparting information in a clear and concise manner.
• Strong interpersonal skills.
• Ability to meet assigned deadlines.
• Promptly responds to inquiries with a sense of urgency.
• Ability to work in a collaborative and cooperative office environment.
• Ability to multi-task and effectively deal with interruptions.
• Ability to follow instructions and established procedures.
• Proficiency with MS Word, Excel and internet applications.
• Attentive to details.
• Able to work under pressure and execute good judgment in sensitive situations.


EDUCATION:
• BA/BS degree required.
• J.D. preferred.
• CPCU or other industry designation a plus.
• Independent Property and Casualty adjuster’s license a plus.


EXPERIENCE:
• Minimum three years of experience in property and casualty claims, in a support role handling environmental and/or latent claims or a legal degree with relevant experience.

Job ID: 260978059

Resolute Management Inc.
Benefits
15
Open Jobs
1
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