Title:
Claims Specialist I
Company:
Everest Insurance Company
Job Category:
Claims
Job Description:
About Everest:
Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
About the Role:
Everest has an opportunity for an entry-level Claims professional to join the Casualty Claims team at its headquarters in Warren, NJ. In this role, responsibilities include handling lower-level to mainstream general liability claims, analyzing basic insurance coverage issues, and resolving smaller claims in accordance with established best practices and assigned authority limits. The position provides exposure to a wide range of claim matters and offers a strong foundation to build experience and continue developing a career in the insurance industry.
Duties and responsibilities include, but are not limited to:
- Serve as point of contact for policy holders and brokers on recently reported claims
- Review documentation submitted when the claim was reported
- Summarize the facts that support what happened and the extent of the injuries alleged. Follow up with involved parties for additional clarification as needed
- Review relevant policies to confirm coverage details and limits
- Enter loss details into the claim system and send template correspondence as needed
- Use the facts collected to assess the potential severity of alleged injuries
- Flag issues and escalate urgent matters to management
- Monitor incoming correspondence for material updates to reassess potential severity
- Respond to inquiries on assigned claims and accounts in a timely and professional manner
- Investigation, analysis and evaluation of assigned claims
- Timely and appropriate setting of claim reserves
- Negotiation and resolution of claims
- Determining and resolving workload and assignment issues to ensure effective claims processing, expense management and claims disposition
- Comply with all relevant state and federal regulations, as well as company policies and procedures
Work Experience & Qualifications:
- A minimum of 3 years of claims experience in third party liability claims and working knowledge of the civil litigation legal process
- Strong oral and written communication skills
- Strong analytical and organizational skills
- Strong negotiation and investigation skills
- Currently holds or readily can obtain all required Adjuster Licenses
- Knowledge of the insurance industry, claims and the legal and regulatory environment
- Knowledge of claims handling or insurance legal statutes and procedures
- Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency
Education:
- Bachelor's degree or equivalent work experience required
- Insurance industry designation(s)/certification(s) preferred
The base salary range for this position is $75,000 - $120,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).
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What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our CultureAt Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.
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Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
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Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type:
Regular
Time Type:
Full time
Primary Location:
Warren, NJ
Additional Locations:
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.
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