Property Claims Examiner I

Posted 46ds ago

Employment Information

Education
Salary
Experience
Job Type

Report this job

Job expired or something wrong with this job?

Job Description

Claims Examiner I processing property insurance claims up to $100,000 remotely. Collaborating with adjusters and ensuring compliance with company policies and regulations.

Responsibilities:

  • Process insurance claims for property losses based on coverage, appraisal, and verifiable damage.
  • Interact with independent adjusters and policy holders, review claim forms and other records to determine insurance coverage.
  • Make payment recommendations and settlements in accordance with company practices, procedures, and Fair Claims Settlement Practices regulations.
  • Investigate, evaluate, and resolve claims, applying technical knowledge and human relations skills to promote fair and prompt settlement of claims.
  • Adjust reserves and provide reserve recommendations to ensure reserving activities are consistent with company policies.
  • Enter claim transactions, in a clear and concise manner.
  • Examine claims inspected by independent adjusters, including further investigation of questionable claims, verification of coverage, and timely issuance of payments to policyholders.
  • Conduct daily diary reviews on claim files to ensure status letters are sent to policyholders in accordance with Department of Insurance regulations.
  • Pay and process claims within designated authority level.
  • Supervise independent adjusters to ensure adherence to CFP IA Guidelines.
  • Maintain compliance with the Department of Insurance and Company policy and procedures.
  • Create correspondence to policyholders that is accurate and complete.
  • Communicate with insureds and/or others involved to secure missing information.
  • Promptly negotiate settlements, making sure that the settlement reflects the actual insured losses while ensuring that the insurer is protected from invalid claims.
  • Confer with Claims Management and legal counsel on claims involving litigation.

Requirements:

  • Minimum bachelor’s degree or equivalent preferred.
  • Excellent oral and written communication skills.
  • Working experience with MS-Office (especially Word and Excel) is required.
  • 2 + years property claims experience and excellent customer service.
  • Certified in CEA and Fair Claims Settlement Practices.
  • 2 years handling Homeowners claims.
  • Carrier experience preferred.