Senior Claims Specialist

Great American Insurance Group

$69K — $92K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business Administration, Risk Management and Insurance, Finance, or equivalent experience.
  • Minimum of 5 years in property and casualty claims handling.
  • Preferred progress towards a professional designation like Associate in Claims (AIC).
  • Strong analytical, negotiation, and problem-solving skills.
  • Comprehensive knowledge of insurance policies, coverage, and claims handling procedures.

Responsibilities

  • Manage claims inventory to assess compensability and liability.
  • Plan and conduct investigations to confirm coverage and determine liability.
  • Negotiate claim settlements and reserves within prescribed authority.
  • Convey complex information on coverage and settlements to various stakeholders.
  • Authorize timely payments in accordance with authority limits.
  • Maintain detailed claim files including all correspondence and agreements.
  • Perform additional assigned duties as required.

Benefits

  • Medical, dental, and vision coverage.
  • Wellness plans, parental leave, and adoption assistance.
  • Tuition reimbursement available.
  • Paid Time Off and paid holidays for full and eligible part-time employees.
  • 401(k) plan with company match and employee stock purchase plan.
  • Commuter benefits included.
Full Job Description
Essential Job Functions and Responsibilities

  • Manages an inventory of claims to evaluate compensability/liability.
  • Plans and conducts claim investigations to confirm coverage and to determine liability, compensability and damages.
  • Determines and negotiates appropriate claim settlements/reserves within prescribed authority. May attend arbitrations, mediations, depositions, or trials.
  • Conveys moderately complex information regarding coverage and settlements to insureds, claimants, and external partners.
  • Authorizes payments in accordance with assigned authority limit and ensures payments are made in a timely manner.
  • Maintains accurate and detailed claim files, including all correspondence, reports, and settlement agreements.
  • Performs other duties as assigned.
  • The person hired for this position will work out of the Gainesville, GA office which offers a hybrid work environment (4 days in office, 1 day remote) or will work remotely in the following states: Georgia, Illinois, Indiana, Kentucky, North Carolina, South Carolina, Tennessee

#LI-Remote

Job Requirements

Education: Bachelors Degree in Business Administration, Risk Management and Insurance, Finance, or a related field or equivalent experience.Experience: Generally, a minimum of 5 years of experience in property and casualty claims handling. Completion of or continuing progress toward a professional designation preferred, such as Associate in Claims (AIC).

Scope of Job/Qualifications: Works within significant limits and authority on assignments of higher technical complexity and coordination. Demonstrates strong analytical, negotiation, and problem-solving skills. Demonstrates knowledge of insurance policies, coverage, and claims handling procedures. Maintains knowledge of industry laws and regulations. Demonstrates ability to organize and prioritize caseloads, ensuring timely resolution of claims. Excellent interpersonal and communication skills with the ability to build relationships and lead negotiations. Proven ability to handle confidential information with discretion.

This job is non-exempt in California and Washington

Company:

SCI Summit Consulting, LLC


Salary Range:

$69,600.00 -$92,400.00

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

*Excludes seasonal employees and interns.

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