Intact Insurance Specialty Solutions

Claims Examiner - Trade Credit (Hybrid)

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience required
  • JD may be necessary based on business unit needs
  • Minimum 5-7 years in highly complex, specialty claims handling

Responsibilities

  • Handle and resolve complex claims through investigation and evaluation
  • Determine coverage and prepare related correspondence for claims
  • Establish reserves and adjust claims exposure as needed
  • Direct activities of adjusters, appraisers, and attorneys for claims
  • Negotiate settlement values and make recommendations for higher claims
  • Document all activities on assigned claims files accurately
  • Provide mentoring or training to junior claim representatives

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Competitive paid time off programs
  • 401(k) with annual contributions up to 12% of salary
  • Mental health support programs
  • Life and disability insurance, and paid parental leave
Full Job Description
We currently have an opportunity for a Claim Examiner to join our Trade Credit team based in our New York City, NY; Chicago, IL; Southfield, MI; Nashville, TN offices on a hybrid schedule. This position is responsible for handling and resolving complex and/or specialized assigned claims through investigation, evaluation and disposition. Independently operates within broad company guidelines and authority, to make appropriate decisions regarding coverage and settlement of claims. Reviews and processes highly complex claims often involving litigation
  • Makes timely and appropriate contacts, determines and completes appropriate level of investigation to make determination of coverage, assess liability and determine damages for complex and specialized claims.
  • Determines coverage, prepares coverage correspondence on appropriate claims, responds to coverage questions raised by insureds and others.
  • Determines exposure, establishes adequate reserves and makes timely adjustments as required.
  • Selects, assigns and directs activities of internal and external resources as required; including independent adjusters, appraisers and attorneys. Identifies questionable claims and consults with SIU for further direction as appropriate.
  • Determines settlement value of the loss and negotiates proper settlement of claims within authority. Provides recommendations for settlement and disposition of claims exceeding authority level.
  • Documents clearly and concisely all relevant activity on assigned files and makes recommendations for additional activity as appropriate.
  • Anticipates and meets all customer needs (internal and external).
  • May provide mentoring or training to other less experienced claim representatives.
  • Stays abreast of state license requirements and participates in continuing education as required.
  • Maintains a strong professional knowledge of regulatory and legal environments and applies this information effectively.

The expertise you bring
  • Bachelor's degree or equivalent experience required.
  • JD may be required depending upon the needs or requirements of a particular business unit.
  • Minimum of 5-7 years of highly complex, specialty claims experience.

Our salary ranges are determined by many factors including location, role, experience, and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires, but your recruiter will share more specific compensation information with you during the hiring process. The typical base salary range for this position is: $88,000 - $124,000, based on the factors aforementioned. For candidates located in San Francisco, CA; Washington DC; our Massachusetts based offices and the New York City metro area, the base salary range is $111,000 -$130,000. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include:
  • Comprehensive medical, dental and vision insurance with no waiting period
  • Competitive paid time off programs
  • 401(k) savings and annual contributions of up to 12% of annual salary
  • Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

This position will remain posted until a final candidate is selected. Once the role is filled, this job posting will be removed.

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About Intact Insurance Specialty Solutions

Intact Insurance Specialty Solutions is a specialty insurance company that provides a range of property and casualty insurance products to commercial customers in the United States. The company offers insurance solutions for various industries, including construction, energy, environmental, marine, and transportation. Intact Insurance Specialty Solutions is a subsidiary of Intact Financial Corporation, a Canadian insurance company. The company was formerly known as OneBeacon Insurance Group, Ltd. and changed its name to Intact Insurance Specialty Solutions in 2018.
Learn more about Intact Insurance Specialty Solutions
Size
500 employees
Industry

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