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Workers Compensation Claims Adjuster III

Employer
AmTrust Financial Services
Location
Latham, New York
Salary
Not Specified
Closing date
Jun 26, 2019

View more

Category
Claims
Job Type
Not Specified
Career Level
Not Specified

Job Details

Overview

Amtrust Financial Services, a fast growing commercial insurance company, has an immediate need for a Workers Compensation Claims Adjuster III in Albany, NY. The adjuster is responsible for the prompt and efficient examination, investigation and settlement or declination of workers compensation insurance claims through effective research, negotiation and interaction with insures and claimants, ensuring that company resources are utilized in a cost effective manner in the process. This position will handle workers comp claims for the state of New York. The adjuster reports to a WC Supervisor.

Responsibilities

Review, process and handle worker's compensation claims
Oversee and direct a majority of litigated or potentially litigated claims, directing and controlling the work and expenses of investigative services or attorneys
Assess coverage and review claims for purposes of investigations, action plans, evaluation, fraud and resolution potential
Conduct a thorough analysis of the claim; continually assess exposure and evaluate for accurate reserves
Complete quality investigations by gathering all pertinent information (recorded statements, review of police and medical reports, photographs and appraisals/estimates of damages, etc.)
Determines if subrogation exists and takes steps necessary to initiate recovery efforts
Maintains appropriate financial accountabilities (reserving) and controls loss adjustment expenses
Fulfill state licensing agreements/requirements (if applicable) and apply knowledge of state laws and regulations pertaining to the insurance industry

Qualifications

  • Bachelor's degree preferred
  • 5 to 6 years experience in handling workers comp claims
  • Maintain valid adjusters' license(s) in states assigned or an ability to obtain same
  • 2 years experience in job-related functions or equivalent
  • Insurance coursework (e.g. IIA, CPCU, SCLA and AEI) is beneficial
  • Good knowledge of insurance theory and practices; insurance contracts and their application

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

Company

AmTrust Financial Services, Inc. was founded in 1998 to provide property and casualty insurance to small businesses. Through acquisitions and organic growth, AmTrust Financial Services has since grown to become a multinational property and casualty insurer specializing in coverage for small to mid-sized businesses. Our financial stability is based upon a philosophy of niche diversity with a focus on low-hazard risk.

Since its inception, AmTrust has crafted a balanced portfolio of insurance products including:

  • Multiline Small Business Insurance
  • Warranty and Specialty Risk Insurance
  • Specialty Program Business Insurance

In November 2006, the company became publicly traded on the NASDAQ Global Market under the symbol AFSI. With extensive underwriting experience and a prestigious "A" (Excellent) Financial Size "XI" rating from A.M. Best, AmTrust has earned a reputation as an innovative, technology driven provider of insurance products. Our commitment to excellence is the common thread connecting each of our businesses.

Company info
Website

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