What are the responsibilities and job description for the Claims Service Specialist I position at Arbella Insurance Group?
Under close supervision, investigate and dispose of first and third party claims. Settlement authority up to $8,000.00 and expense authority up to $800.00.
Key Responsibilities
Please note: The advertised pay range is not a guarantee or promise of a specific wage.
Key Responsibilities
- Timely completion of all case activities, maximizing customer service and minimizing net loss payout.
- Contacts all insureds, claimants and witnesses that may have information relating to the loss, either in person, by telephone or in writing.
- Inputs and retrieves information using the automated claims system, requests checks, form letters and other correspondence through the automated claim system.
- Evaluates case facts determining coverage, liability and reserves, and reports on settlement; maintains an effective reminder system.
- Negotiates settlements with individuals, attorneys, and other insurance carriers within their granted settlement authority level.
- Will keep management informed of activities and problems with in assigned area of responsibility.
- Pursues subrogation and may arrange for salvage to obtain the maximum recovery.
- Provides information to all interested parties, including the local agents, by answering routine questions regarding the status of the claim.
- Maintain claim files and document claim file activities in accordance with established procedures.
- Will successfully complete all required in-house training
- Performs other related duties as required or requested.
- Manage and track all claims referred to Subrogation counsel.
- Daily navigation and management of E-Subro Hub
- Prepare well written contentions for arbitration filings when liability and damages are in dispute.
- Success will be measured based on individual results compared to all established department standards in Customer Service, Teamwork, Loss and Expense Management as well as Continuous Improvement.
Please note: The advertised pay range is not a guarantee or promise of a specific wage.
Salary : $26 - $27