Senior Claims Specialist - Construction

Markel Service Inc.
Summit NJ
$83.6K-$110.8K a year
Full-time

Description

  • Confirms coverage of claims by reviewing policies and documents submitted in support of claims
  • Analyzes coverage and communicates coverage positions
  • Prepares coverage position letters on matters (without assistance of outside coverage counsel) and refers suspicious losses to SIU and assist in the investigation and settling of claim.
  • Conducts, coordinates, and directs investigation into loss facts and extent of damages
  • Directs and monitors assignments to experts and outside counsel
  • Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure
  • Sets reserves within authority or makes claim recommendations concerning reserve changes to manager
  • Negotiates and settles claims typically in litigation within authority.
  • Presents at roundtables to senior claims leaders and underwriters on cases going to trial and provides advice / insight on others claims going to trial
  • Participates in special projects having an impact on the business. May be assigned project lead for larger projects
  • Represents Markel at mediations, trials, and conferences
  • Pulls and analyses loss information for business stakeholders and presents information during meetings with underwriters and / or insureds
  • Serves as a technical resource to underwriting and assists with drafting policy wording.
  • Assists in training of new hires and provides assistance, guidance, and coaching to others within claims department.
  • Provides input into maintenance of claims guidelines and best practice procedures

Education

  • Bachelor’s degree or equivalent work experience
  • JD , advanced degree, or focused technical degree a plus

Certification

  • Must have or be eligible to receive claims adjuster license.
  • Successful achievement of industry designations (INS, IEA, AIC, ARM, SCLA, CPCU) or
  • Participation in industry training opportunities (CLM Claim College, Munich Re Training, FDCC, etc.)

Work Experience

  • Minimum of 5 years of claims handling experience or equivalent combination of education and experience
  • Successful completion of 3 years as a Claims Examiner

Skill Sets

  • Excellent written and oral communication skills
  • Strong analytical and problem solving skills
  • Strong organization and time management skills
  • Ability to work autonomously in a fast paced environment
  • Experience in negotiation, mediations and monitoring trials
  • Ability to influence claims stakeholders and to effectively direct claims strategy
  • Strong litigation management skills are required including the ability to provide direction and guidance to defense attorneys and other experts while controlling expenses.
  • Ability to deliver outstanding customer service
  • Intermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word)
  • Knowledge of tort and contract law
  • Strong desire for continuous improvement

Who we are :

Markel Group (NYSE MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We’re all about people We win together We strive for better

We enjoy the everyday We think further

What’s in it for you :

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.

All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.

We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Markel offers hybrid working schedules of 3 days in the office and 2 days remote.

Are you ready to play your part?

Choose Apply Now’to fill out our short application, so that we can find out more about you.

Caution : Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information.

Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information.

Therefore, for your safety, please note that :

All legitimate job postings with Markel will be posted on.

All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic.

  • This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation;
  • gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available;
  • medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities;
  • military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight;
  • matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law;
  • status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker;
  • membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours;

declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.

30+ days ago
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