Arch Capital Group Ltd.

Claims Examiner, DRC

Arch Capital Group Ltd.$72K — $90K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in commercial insurance claims handling
  • Proficient with Microsoft Outlook, Excel, PowerPoint, and Word
  • Exceptional verbal and written communication skills
  • Strong ability to influence and establish relationships
  • Timely execution and adherence to regulatory timelines
  • Capable of participating in strategic discussions
  • Texas Claim Adjuster license preferred, required within six months of hire.

Responsibilities

  • Provide exceptional customer service throughout the claim process
  • Investigate coverage, liability, and damages thoroughly
  • Review and analyze damage documentation
  • Stay compliant with statutory and regulatory requirements
  • Establish and document loss and expense reserves
  • Execute best claim handling practices consistently

Benefits

  • Comprehensive medical, dental, vision, and prescription coverage
  • Competitive 401k plan with generous matching
  • 20 days of paid time off (PTO) per year
  • Up to 12 paid company holidays and 2 volunteer days
  • Basic Life and AD&D Insurance
  • Short and Long-Term Disability insurance
  • Paid Parental Leave up to 10 weeks
  • Student Loan Assistance and Tuition Reimbursement
  • Backup Child and Elder Care options
Full Job Description
PositionSummary TheClaims Division is seeking a team member to join the Shared Services Team as a Claims Examiner. Responsibilities include investigating, evaluating and resolving various types of commercial first and third party low complexity claims. This requires accurate and thorough documentation, as well as completion of resolution action plans based upon the applicable law, coverage and supporting evidence. Responsibilities
  • Provide and maintain exceptionalcustomer service and ongoing communication to the appropriate stakeholders through the life of the claim including prompt contact and follow up to complete timely and accurate investigation, damage evaluation and claim resolution in accordance with regulatory, company standards, and authority level

  • Conduct thorough investigation of coverage, liability and damages;must document facts and maintain evidence to support claim resolution

  • Review andanalyze supporting damage documentation

  • Comply and stay abreastof all statutory and regulatory requirements in all applicable jurisdictions

  • Establish appropriateloss and expense reserves with documented rationale

  • Demonstrate technicalefficiency through timely and consistent execution of best claim handling practices and guidelines

Experience& Qualifications
  • Hands on experience and strong aptitude with Outlook, Microsoft Excel, PowerPoint and Work

  • Knowledge ofImageRight preferred

  • Exceptional communication(written and verbal), influencing, evaluation, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines

  • Ability to takepart in active strategic discussions and leverage technical knowledge to make cost-effective decisions

  • Strong timemanagement and organizational skills; ability to adhere to both internal and external regulatory timelines

  • Ability to work well independently and in a team environment

  • Texas ClaimAdjuster license preferred, but not required for posting. Upon employment candidate would be required to obtain Texas Claim Adjuster license within six months of hire date.

Education
  • Bachelors degreepreferred

  • 3-5years9 experience handling the process of commercial insurance claims

#LI-SW1 #LI-HYBRID For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible. $72,000 - $90,000/year
  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click to learn more on available benefits.

About Arch Capital Group Ltd.

Arch Capital Group Ltd. is a Bermuda-based public limited liability company which writes insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. Arch Capital Group Ltd. is a Bermuda-based public limited liability company which writes insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth.
Learn more about Arch Capital Group Ltd.
Size
4,000 employees
Market Cap
$23.1 billion
Industry
Net Income
$1.4 billion
5 Year Trend
+16.3%
Revenue
$8.3 billion

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