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Inside Property Equipment Breakdown Claims Specialist - Commercial

Employer
Liberty Mutual Insurance
Location
Boston, Massachusetts
Salary
Not Specified
Closing date
Apr 18, 2019

View more

Category
Claims
Job Type
Not Specified
Career Level
Not Specified

Job Details

Advance your Claims career at Liberty Mutual Insurance- A Fortune 100 Company!  General Adjusters handle commercial Equipment Breakdown claims of every complexity level with the highest degree of independence on most losses, evaluate damages, determine coverage, set accurate loss cost estimates, control the insured's exposures and losses, manage consultants, and achieve a prompt, fair and equitable settlement according to fair claims handling requirements. Negotiate settlement of claims with varying complexity and perils. This position is for an Equipment Breakdown Property adjuster to handle coverage/forms/perils specific to Equipment Breakdown. 

The actual level/grade for this role will depend on the candidate's overall experience and skill level.

 Responsibilities: - Conducts a prompt, thorough and fair investigation by obtaining relevant facts to determine coverage, origin, and extent of property losses. Reviews and utilizes financial statements to adjust short duration business interruption losses.- Conduct on-site appraisal to determine facts, relevant causation, damages and exposure.- Engages and manages consultants and independent adjusters as required. Monitors the costs to ensure they arereasonable and necessary.- Establishes and maintains accurate loss cost estimates and reserves for each claim for reporting, financial records, and other purposes; monitors the costs to ensure they are reasonable and necessary.- Keeps the insured and others informed about the claim's status with clear, timely and accurate written/oralcommunications. Determines depreciation of claim.- Affirms or denies coverage of the claim based on the facts and the policy terms and conditions.- Develops information necessary to make advance, partial and final payments when appropriate.- Effectively negotiate settlement of claims of varying complexity and perils.- Keeps the electronic claim file properly documented with accurate, clear and timely information and reports that reflect the adjustment activities and substantiate any payments made. 

Qualifications:

 

- Strong written and oral communications skills required

- Good interpersonal, analytical and negotiation skills required

- Customer service experience preferred

- Knowledge of coverages provided within various equipment breakdown policies.

- Experience in mechanical and electrical equipment.

- The capabilities, skills and knowledge required is normally acquired through a Bachelor's degree or equivalent experience
- 10+ years of Equipment Breakdown claims experience
- Ability to obtain proper licensing as required.

 

Benefits:

 

We value your hard work, integrity and commitment to positive change. In return for your service, it's our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits Overview: 

At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives.  We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.

 

We're dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.

 

 

Company

When people have a sense of security, they are free to relax, venture out, and live their lives. This is the feeling Liberty Mutual brings to the world every day. Founded in 1912, we are a global leader in property and casualty insurance, focused on protecting and preserving the lives and dreams of customers in more than 30 countries. With over 50,000 employees throughout the world, we offer you the chance to work for an evolving, growing company with a deep sense of humanity and a commitment to diversity and philanthropy. Join our team and go to work knowing that what you do matters. Because really it does.

 

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