Investigate, evaluate, reserve, negotiate, and resolve assigned General Liability related Bodily Injury and Property Damage claims, including maintaining full compliance with internal and external quality standards and state specific regulations.
*** Evaluate and settle claims to ensure fair and prompt disposal of cases and contribute to a reduced loss ratio.
*** Verify nature and extent of injury or property damage by obtaining and reviewing appropriate records and damages documentation.
***Investigate each claim through prompt contact with appropriate parties such as policyholders, accounts, claimants, law enforcement agencies, witnesses, agents, medical providers, and technical experts to determine the extent of liability, damages, and contribution potential and take necessary statements.
*** Identify resources for specific activities required to properly investigate claims such as Subrogation, Risk Control, nurse consultants, and fire or fraud investigators and to other experts.
*** Evaluate liability and damages exposure, and establish proper indemnity and expense reserves, adjust reserves, or provide reserve recommendations.
*** Negotiate disposition of claims with insureds and claimants or their representatives.
*** May manage litigated claims by developing litigation plan with staff or panel counsel; tracking and controlling legal expenses; attending depositions, mediations, arbitrations, pre-trials, trials and all other legal proceedings as needed; and assuring appropriate resolution.
*** Provide timely coverage analysis and communications with insured based on application of policy information, facts or allegations of each case.
Be a part of a dynamic organization offering a competitive compensation package commensurate with experience, bonuses, full medical benefits, 401(k) with company match, life & disability insurance, numerous training and coaching programs, comprehensive vacation policies, professional development opportunities, and more!
Please reference #37776189 when responding.Education Requirements: Bachelor DegreeMinimum Experience Requirements: 2-5 yearsJob City Location: HobokenJob State Location: NJ