With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential.
Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility .
Arch Insurance Group Inc., AIGI, has an opening with the Claims Division on the MidCorp Team as a Senior Claims Adjuster Commercial Liability.
In this role, the responsibilities include but are not limited to actively managing and effectively oversee assigned caseload of claims.
Ensure claims handled within authority limits, and in line with Arch’s Claims Standards procedures and guidelines. Utilize third party service providers to achieve economical results and to provide a high quality service to all internal and external customers.
Viewed as Technical referral point for other Claims Handlers. Develop and maintain strong relationships with brokers and clients
Primary Responsibilities
Specific duties include but not limited to the below :
Claims Processing and Administration
Input and maintain accurate claims records for designated accounts, within appropriate Claims administration systems
Investigation and Reserving of Claims
Investigate General Liability and Automobile claims, including coverage determination and evaluation of loss exposures Determine appropriate reserving levels
Select and direct independent external service providers (e.g. independent adjusters, Legal vendors etc)
Proactively discuss and review contentious, large and complex claims with fellow adjusters and management to obtain opinions / feedback
Settlement
Settle standard claims through payment or denial. Negotiate to ensure efficient and competitive settlement
Ensure unpursued claims are settled in accordance with settlement guidelines Support subrogation processes
Referrals and Compliance
Ensure all claims are handled within authority limits, and in line with AIGI, Claims Standards procedures and guidelines Refer cases outside of authority level, preparing referral documentation and materials as appropriate.
Support establishment of claims management procedures on new business accounts in association with clients, brokers and loss adjusters Undertake audits of external service providers as appropriate
Attend industry functions
Act as a technical reference point and provide training / coaching to less experienced team members
Relationship Management
Positively represent AIGI externally to the market
Proactively drive involvement of functional areas in Claims handling process, e.g. Underwriting, and Operations
Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. third party adjusters) Effectively report and present loss and claims information internally and externally
Qualifications
- Bachelor’s degree; Insurance designation preferred
- Minimum of Five (5) years of working experience supporting commercial accounts
- Investigate, evaluate and resolve complex General Liability and Auto Liability claims to make informed decisions and bring claims to resolution.
- Manage an inventory of complex litigated claims and develop litigation strategies in collaboration with defense counsel.
- Proper & active adjuster licensing in all applicable states
- Exceptional communication (written and verbal), evaluating, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal / external peers and other professionals across organizational lines
- Products and Coverages : understanding in relevant products, wordings, terms and conditions and coverages
- Analytical Skills : Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions
- Strong time management and organizational skills
- Ability to take part in active strategic discussions
- Ability to work well independently and in a team environment
- Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word
- Willing and able to travel
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