Coverys

Senior Claim Consultant

Coverys

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $100,000 - $136,000 per year

Job Level

Senior

About the role

  • Our Claims team is currently looking for a Senior Claim Consultant to join us in NJ or PA. While this is a remote position, qualified candidates must reside in one of these states to best serve our policyholders.\n
  • Investigates, evaluates, and disposes of MPL and General Liability claims with varying degrees of complexity and severity.\n
  • Interview insureds, claimants, witnesses, and other appropriate parties to obtain information used to assess liability exposure.\n
  • Document file regarding results of investigation and negotiations.\n
  • Prepare reports to file on established diary dates and other specific reports as needed to ensure timely file documentation and plan of action.\n
  • Secure records for investigation and evaluation of cases.\n
  • Determine and implement negotiation strategy and negotiates settlements within authority level.\n
  • Adjust reserves within level of authority and make reserve recommendations to Manager/Director for amounts over position authority level.\n
  • Evaluate cases for appropriate disposition and seek authority for settlement from manager/director when settlement amount requests exceed authority.\n
  • Direct and monitor activities of defense counsel in compliance with Case Management Guidelines.\n
  • Monitor trials and attend pre-trial proceedings, mediations, and arbitrations as necessary.\n
  • Identify significant insured Risk Management or Underwriting issues and direct the information to appropriate department.\n
  • Communicate with insureds, claimants, and witnesses; consult medical and other relevant records, varying methods of investigation according to type of claim.\n
  • Analyze losses to determine if insurance coverage applies.\n
  • Maintain working knowledge of policy forms and can confirm policy in effect for date of loss.\n
  • Performs other duties as assigned.

Requirements

  • Bachelor's degree from four-year college or university.\n
  • R.N. or J.D. preferred with 5 years’ experience in clinical nursing and/or 5 years claims experience dealing with serious bodily injury.\n
  • Insurance adjuster's license may be required for specific states.\n
  • Knowledge of medical, legal and insurance terminology is required.\n
  • Must hold a current driver's license.\n
  • Strong written and oral communication skills.\n
  • Must be comfortable making oral presentations to staff and insureds.\n
  • Must have training in contract/policy review and application.\n
  • Ability to read, analyze, and interpret insurance policy coverage forms, professional journals, technical procedures, or government regulations.\n
  • Ability to write reports, business correspondence, and technical case summaries.\n
  • Ability to effectively present information and respond to questions from groups of managers, insured's, agents and attorneys.\n
  • Must be able to synthesize complex or diverse information; collect and research data; use intuition and experience to complement data; design workflows and procedures.\n
  • Must have the ability to design and generate creative solutions.\n
  • Experience with Microsoft Word, Excel, PowerPoint.\n
  • Able to work with minimal supervision on a day-to-day basis.\n
  • Ability to travel 20-25% required.