Markel Corp

Claims Examiner III

Markel Corp$82K — $171K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a business-related field preferred; relevant insurance experience may substitute.
  • Preferred insurance designations give an edge in the application process.
  • Excellent written and verbal communication skills essential for effective collaboration.
  • Strong analytical and problem-solving skills are critical for assessing claims.
  • Proficient organizational and time management abilities are necessary for effective workload management.
  • Familiarity with medical terminology is a plus for understanding claims better.
  • Intermediate proficiency in Microsoft Office (Excel, Outlook, PowerPoint, Word) required.
  • Demonstrated commitment to continuous improvement and professional development.

Responsibilities

  • Confirm coverage of claims by reviewing relevant policies and documents.
  • Analyze and communicate coverage positions effectively.
  • Conduct and direct investigations into loss facts and damage extent.
  • Oversee expert and outside counsel assignments and monitor their progress.
  • Evaluate information to assess coverage, compensability and medical management.
  • Set reserves or recommend reserve changes to management based on claims assessment.
  • Drive claims towards resolution with a focus on injured worker reintegration.
  • Negotiate and settle claims appropriately when warranted.

Benefits

  • Multiple health, dental, and vision insurance plans offered to full-time employees.
  • 401(k) with employer match contributions to support long-term savings.
  • Employee Stock Purchase Plan available for investment opportunities.
  • Generous PTO, corporate holidays, and floating holidays for work-life balance.
  • Parental leave benefits to support family growth.
Full Job Description
This position will be responsible for the resolution of high complexity and high exposure Workers Compensation claims in multiple jurisdictions. The position will have increased responsibility for decision making within their authority and work under general direction from their manager.

Job Responsibilities
  • Confirms coverage of claims by reviewing policies and documents submitted in support of claims
  • Analyzes coverage and communicates coverage positions
  • Conducts, coordinates, and directs investigation into loss facts and extent of damages
  • Directs and monitors assignments to experts and outside counsel
  • Evaluates information on coverage, compensability, and medical management to determine the extent of insured's exposure
  • Sets reserves within authority or makes claim recommendations concerning reserve changes to manager
  • Focus on driving claims to a resolution with a focus of returning the injured back to work
  • Evaluate, Negotiate and settle claim when appropriate
  • Prepares reports by collecting and summarizing information
  • Adheres to Fair Claims Practices regulations and internal Claims Quality Performance Objectives
  • Participates in special projects or assists other team members as requested
  • Attend all state specific trainings as scheduled
  • Travel to mediations, trials, and conferences as required


Qualifications & Skills
  • Bachelor's degree in a business-related field preferred; equivalent insurance industry experience may be substituted.
  • Insurance designation(s) preferred.
  • Excellent written and verbal communication skills.
  • Strong analytical, problem-solving, organizational, and time management skills.
  • Ability to deliver outstanding customer service and work effectively in a team environment.
  • Strong understanding of medical terminology preferred.
  • Intermediate proficiency in Microsoft Office applications, including Excel, Outlook, PowerPoint, and Word.
  • Demonstrated commitment to continuous improvement and professional development.
  • Ability to analyze complex coverage, liability, compensability, and medical management issues and make sound claim decisions.
  • Strong negotiation and decision-making skills.


US Work Authorization

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information:

The salary range for this position is $82,500 - $171,450. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.

What's in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.


  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.


  • We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.


Are you ready to play your part?

Choose 'Apply Now' to fill out our short application, so that we can find out more about you.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:

  • All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.


  • All legitimate communications with Markel recruiters will come from Markel.com email addresses.


We would also ask that you please report any job employment scams related to Markel to [email protected].

No agencies please.

About Markel Corp

Markel Corp Careers

Join the vibrant team at Markel Corp, a global leader in insurance, reinsurance, and investment operations. At Markel Corp, we believe in fostering an environment of growth and innovation, making it an ideal place for professionals seeking to advance their careers in a dynamic and supportive setting.

Work You'll Do

At Markel Corp, you'll be part of a culture that cherishes diversity and leadership. Our team is committed to providing you with the opportunities to develop your professional skills through targeted training programs and diverse job opportunities. Whether you're looking for a position in management, finance, IT, or customer service, Markel Corp offers a variety of career paths to help you achieve your professional goals.

Innovate and Lead

Embrace the chance to work on groundbreaking projects that redefine the industry standards. Markel Corp is at the forefront of combining technology with insurance solutions, driving innovation and efficiency. Our leadership is deeply involved in developing strategies that leverage our robust networking capabilities to enhance our market presence and service quality.

Join Our Team

Discover a world of opportunities at Markel Corp. We are continuously hiring and looking for talented individuals who are eager to contribute to our mission and vision. Explore job opportunities and internships that will utilize your unique skills and passions. Our team is our greatest asset, and we invest in their growth through comprehensive benefits, professional development, and diversity training.

Develop Your Career

Markel Corp is not just a company; it's a place where you can build a lasting career. Benefit from our development programs that are designed to nurture your leadership potential. From internships to full-time positions, we provide the support and resources to grow your career. Our commitment to professional growth ensures that every team member has the tools to succeed and lead.

Stay Connected

Be part of Markel Corp's professional network. Engage with us through various networking events, stay updated with the latest industry trends, and connect with other professionals. Our collaborative environment supports career advancement and skill enhancement.

Apply Now

Ready to take the next step in your career? Check out the latest job openings at Markel Corp. Tailor your resume to highlight your relevant experience and skills, and prepare for an interview that could launch your career to new heights. We are excited to see how your expertise and ambitions align with our goals at Markel Corp.

Explore Markel Corp Jobs and Careers

Your future at Markel Corp starts here. With a commitment to innovation, leadership, and diversity, we are looking for individuals who are ready to make a difference. Join us in shaping the future of the insurance and financial industries.

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Learn more about Markel Corp
Size
20,300 employees
Market Cap
$17.4 billion
Industry
Net Income
$816 million
Founded
1930
5 Year Trend
+17.9%
Revenue
$9.7 billion
NASDAQ

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