R-110887 Property Liability Claims Adjuster
Manages an assigned case load of low to moderate Homeowners Liability, specifically Renters and Condo, with a typical exposure of up to $20,000 involving non-litigated matters from the investigation of the claim through the resolution.
This includes making decisions about liability/compensability and negotiating settlements within the policy limits to protect our policy holder and client. The role interacts with policy holders, claimants, plaintiff attorneys, coverage & defense counsel, and other third parties throughout the claims management process.
Responsibilities:
• Manages an inventory of claims to evaluate compensability/liability.
• Establishes action plan based on case facts, best practices, protocols, regulatory issues, and state laws.
• Maintains current knowledge of court decisions which may impact the claim on principles or practices. This may require attendance at various seminars or training sessions.
• Plans and conducts investigations of claims to confirm coverage and to determine negligence, liability, compensability, and damages.
• Assesses policy coverages and notifies insured of any issues; determines and establishes reserve requirements for both indemnity and expense on a regular basis and makes recommendations to set reserves at appropriate level for claims outside of authority level.
• Prepares comprehensive reports as required by Clients/Brokers and participates in meetings with Clients and Brokers on specific claims.
• Identifies and communicates specific claim trends and policy issues to management and underwriting.
• Assess actual damages associated with claims and conducts negotiations within assigned authority limits to settle claims.
• Proven interpersonal, analytical, and decision-making skills to effectively negotiate and settle claims.
• Demonstrated strong negotiation skills.
• Knowledge of legal liability, joint & several laws required.
• Able to demonstrate abilities to be a self-starter and autonomous worker.
Minimum Qualifications:
• Adjuster’s license is required for all states where adjuster licensing is applicable
• Bachelor’s degree with 3 years of property damage liability claims experience.
• Expert level knowledge of specific state contributory and comparative negligence laws and joint & several laws.
• Excellent verbal and written skills to communicate internally and externally.
• Excellent critical thinking and problem-solving skills.
• Strong organizational and time management.
• Ability to multi-task in a fast-paced environment.
Pay Range: $55,000 - $65,000
Any posted pay range considers a wide range of compensation factors, including candidate background, experience, and work location, while also allowing for salary growth within the position.
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