The Opportunity
Future focused and always one step ahead
The Claims Specialist in the Property team is a critical role in our growing Claims Department, and will be responsible to direct all aspects of file handling on both in-house and third-party administered property claims, with growth opportunity in depth of technical handling and multi-faceted professional development.
The Claims Specialist will also direct the adjusting and litigation process, strategically partner with counsel, experts and vendors, and drive optimal claim resolutions.
The Claims Specialist will analyze and determine coverage, manage the claim investigation, evaluate the overall claim, communicate promptly with internal and external
stakeholders, and pursue recoveries and risk transfer where warranted in a variety of property claims.
Responsibilities :
- Thorough investigation and assessment of claims for coverage, and damages, and pursuit of recoveries and subrogation / contribution opportunities.
- In-depth understanding of coverage issues, policy forms, contracts, regulatory requirements, and changing legal landscape for property and casualty claims.
- Proactive and prompt management of claims, considering all aspects with a strategic vision for optimal claim outcome.
- Continual evaluation claim to set appropriate, timely reserves over the life of the claim to reflect changes in exposure.
- Demonstrate strong technical claims proficiency through consistent execution of best claim practices.
- Strategically coordinate and manage outside counsel and vendors to obtain optimal claim outcome.
- Present high exposure claims to Claims Leadership and Key Stakeholders.
- Collaborate with internal and external business partners for client meetings, product development and improvement, and account audits.
- Innovative mindset - looks for ways to improve claim efficiencies and outcomes.
Job Requirements :
- 5 years plus experience of property claims; experience in casualty lines is a plus.
- Detail-oriented, adaptable, and strategic in decision-making.
- Understanding of technical claims proficiency and execution of best claim practices.
- Ability to work independently, multi-task, and remain self-motivated in a fast-paced environment.
- Strong organizational skills and time management of claims desk.
- Strong business acumen and ability to collaborate with other departments and vendors.
- Customer-service and relationship oriented.
- Innovative, dynamic and growth mindset.
- Good verbal and writing skills for internal and external communication, presentations and reporting.
- Good analytical thinking, advocacy and negotiation skills.
- Willingness to travel for mediations, settlement conferences, and client or account meetings. (10%)
- Maintain valid adjusters’ license(s) in states assigned or an ability to obtain same.
This position is being offered in several of our office locations, including New York City. The salary range posted below applies to the Company’s NYC location.
The base salary range anticipated for this position is $91,800 - $134,600 plus opportunity for company bonus based upon a percentage of eligible pay.
In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).
The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.
Most candidates will start in the bottom half of the range.