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Senior Claims Specialist - Commercial - Property

Employer
IAT Insurance Group
Location
Raleigh, North Carolina (US)
Salary
Not specified
Closing date
Oct 5, 2020

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Category
Claims
Job Type
Not Specified
Career Level
Experienced (Non-Manager)

Job Details

Description  

The Claims department with IAT has an immediate opening for a Senior Commercial Property Claims Specialist within the commercial property department that can be located in our Alpharetta, Georgia or Raleigh, North Carolina locations.  This role will be tasked with handling complex exposure claims for commercial properties.  Furthermore, this role will determine the extent of the company's liability and attempts to effect an out-of-court settlement with claimant and could be tasked with handling litigation cases.                   

Responsibilities:

  • Handles highly complex exposure claims relative to commercial property based on Claim Guidelines.
  • Perform CAT Duty as needed that will require occasionally working Schedules Weekends work hours, overnight work hours, holiday work hours (Federal and religious), etc.
  • Verifies/analyzes applicable coverage for the reported loss.
  • Establishes 24-hour contact and maintain appropriate contact with all involved stakeholders throughout the life of the claim file.
  • Investigates each claim by gathering information, conducting interviews, taking statements, conducting website research as needed, reviewing and analyzing reports and related bills.
  • Identifies and addresses subrogation/contribution/SIU opportunities.
  • Sets accurate/timely loss/expense reserves in compliance with Claim Guidelines.
  • Evaluates, negotiates, and authorizes settlements with all stakeholders within designated authority.
  • Selects, directs and manages Vendors/Counsel including approval of defense budgets.
  • Negotiates directly with claimants and claimant attorneys upon receipt of critical information.
  • Drafts correspondence, including but not limited to, coverage letters to stakeholders as required.
  • Maintains resident/nonresident adjuster licenses as required.
  • Works on problems of limited scope.
  • Follows standard practices and procedures in analyzing situations or data from which answers can be readily
  • Performs other duties as assigned.

Qualifications:

  • Bachelors’ degree with 8 years of relevant commercial property claims experience or equivalent.
  • Equivalent is defined as 12+ years of relevant commercial property claims experience.
  • Must be able to understand fire loss.
  • Must be able to identify and investigate subrogation potential of a claims.
  • Must have the ability draft appropriate and professional correspondence.
  • Must have good estimating skills and be proficient with Xactimate.
  • Field adjusting experience of losses in excess of $250,000 is preferred.
  • Must have multiple years of demonstrable experience successfully working remote if your desired location is a remote office.
  • Ability to handle business income losses.
  • Advanced knowledge of Property Claim Law and jurisdictional issues.
  • Licensure as required by respective state(s).
  • CPCU and other insurance related studies are beneficial.
  • Excellent oral and written communication skills.
  • Ability to organize, multi-task and prioritize work.
  • Excellent customer service and interpersonal skills.
  • Ability to analyze date, utilize sound judgment to draw conclusion and make supported decisions.
  • Able to interpret insurance policy contracts and identify how its coverage applies to a particular loss.
  • To qualify, all applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and participate in E-Verify.

Company

IAT Insurance Group (IAT) is a privately held global insurance company, headquartered in Raleigh, North Carolina, providing a wide range of property and casualty insurance products meeting the needs of individuals and businesses.  IAT consists of six operating divisions, each sharing the same quality standards, commitment to service and innovation, and an overall mission of excellence.  As an organization, we leverage our experienced leadership, sound analytics, proven operating platforms and extensive risk capabilities across the entire enterprise to deliver specialized, sustainable solutions for our customers.

With eleven office locations, IAT has a large footprint throughout the United States.  As a privately owned organization, consisting of more than six hundred employees, we are able to act strategically within an ever-changing marketplace.  We are large enough to make a difference in the industry but small enough to be agile and nimble.  Our focus includes meeting customer needs and fostering an exceptional agent and broker network to serve clients.  

Furthermore, we strive to provide an environment where our employees feel empowered, challenged and valued.  Not only does IAT Insurance provide a dynamic workplace, we also provide competitive total compensation packages and great benefits, including but not limited to medical, dental, and vision insurance, a generous time off policy, company provided life and disability insurance, a lucrative 401k company match, and incentive plans. 

Company info
Website
Telephone
9198384502
Location
702 Oberlin Road
Raleigh
North Carolina
27605
US

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