1 Job in League, TX
Core Specialty Insurance Holdings, Inc. is Hiring a Claims Associate Near League, TX
Key Accountabilities/Deliverables:
- Ensure compliance with established claim handling guidelines regarding coverage, investigation, liability, damages, evaluation and resolution.
- Provide oversight on claims portfolios handled by TPAs within the financial services book.
- Competently select, instruct, and manage 3rd party claim administrators and vendors; including auditing the claims administrators to ensure appropriate claim management practices.
- Gather and analyze information necessary to make an accurate evaluation of the claim by delivering effective resolution of claims, make decision within established authority levels and identify settlement issues.
- Establish reserves pursuant to established reserving protocols and reserve authority procedures.
- Meet all reporting requirements timely and accurately, including Large Loss Reports, etc.
- Perform reserve reviews on a quarterly basis.
- Liaise with underwriting team with regard to claim trends and other areas of interest;
- Work with external customers to address questions, resolve problems and maintain rapport.
- Occasional domestic travel when required.
- Undertaking general office administrative duties as and when required.
- Proactively expand and maintain awareness of market, industry.
- In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
- Knowledge of targeted industries
- Knowledge of insurance company operations
- Knowledge of financial services products including coverages, exclusions and endorsements
- Knowledge of state and federal laws applicable to financial services claims.
- Detailed understanding of good faith claims handling.
- Detailed understanding of legal principles as they pertain to insurance claims.
- Ability to simplify, analyze and explain complex issues
- Ability to review processes and determine opportunities for improvement
- Bachelor’s degree (preferably with a Risk Management & Insurance Major) or equivalent work experience.
- Achieve or working towards an industry designation such as CPCU, CRM, ARM, CIC
- 2 years claims experience in related line of business
- Experience working with support services, including IT, claims, actuarial and operations.
Job Summary
Full Time
Insurance
$60k-73k (estimate)
05/26/2024
06/22/2024
corespecialtyinsurance.com
JERSEY CITY, NJ
100 - 200
2020
JEFF CONSOLINO
<$5M
Insurance
Related Companies
The job skills required for Claims Associate include Financial Services, Claim Handling, Claims Management, Risk Management, Underwriting, etc. Having related job skills and expertise will give you an advantage when applying to be a Claims Associate. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Claims Associate. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Claims Associate positions, which can be used as a reference in future career path planning. As a Claims Associate, it can be promoted into senior positions as a Claims Clerk III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Claims Associate. You can explore the career advancement for a Claims Associate below and select your interested title to get hiring information.
If you are interested in becoming a Claims Associate, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Claims Associate for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Claims Associate job description and responsibilities
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Claims Associate jobs
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Step 3: View the best colleges and universities for Claims Associate.
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