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About the role
Key responsibilities & impact- Adjusts and resolves low to moderate professional liability claims that include litigated matters
- Accurately documents claim files with all relevant claim documentation, correspondence and notes in compliance with company policies and applicable regulatory authorities
- Heavy customer facing role. Must have confident communication skills. Communicates effectively to resolve matters directly with claimants, and or claimant attorneys
- With minimal supervision, drafts coverage letters, including reservation of rights and denial letters
- Reviews and analyzes claims in order to determine appropriate and timely reserving per Hiscox Claims Best Practices
- Identifies emerging exposures and claims trends
- Manages defense counsel as necessary in defending litigated matters
- Identifies suspected fraudulent claims and tracks with Special Investigations Unit
- Participates in Claims Projects, as needed
Requirements
What you’ll need- 2-5 years of claims handling experience in Professional Liability or Specialty claims with an insurance carrier
- Advanced knowledge of claims analysis and adjusting practices; In depth knowledge of standards for claims documentation and legal filings
- Proven ability to actively and effectively negotiate settlement of moderate complexity claims
- Advanced analytical skills.
- Active insurance adjuster’s license
- B.A./B.S degree from an accredited College or University, required. JD a plus.
Benefits
Comp & perks- 401(k) with competitive company matching
- Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
- Company paid group term life, short- term disability and long-term disability coverage
- 24 Paid time off days plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days
- Paid parental leave
- 4-week paid sabbatical after every 5 years of service
- Financial Adoption Assistance and Medical Travel Reimbursement Programs
- Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
- Company paid subscription to Headspace to support employees’ mental health and wellbeing
- Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
claims handlingclaims analysisclaims adjusting practicesclaims documentationlegal filingsnegotiationanalytical skillsfraud detectioncoverage letter draftingclaims reserving
Soft Skills
communication skillscustomer serviceproblem-solvingnegotiationindependent workattention to detailinterpersonal skillsconflict resolutionteam collaborationadaptability
Certifications
insurance adjuster’s license
