Staff Adjuster

FM Global

• $80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering or related field, or equivalent experience
  • 2+ years of commercial property claims experience
  • Understanding of claims processes and procedures
  • Strong interpersonal skills for negotiation and consultation
  • Excellent written and oral communication skills
  • Organizational skills with the ability to make quick, sound recommendations

Responsibilities

  • Assist in determining coverage under clients' insurance policies
  • Provide direction for loss mitigation, salvage, and restoration
  • Manage internal and external consultants for loss measurement
  • Handle Property Damage and Business Interruption losses over $500,000
  • Conduct project management and technical assessments as needed
  • Travel for fieldwork to manage assigned losses, approximately 10% of the time

Benefits

  • Formalized training including classroom, office, and field-based
  • Opportunity to work on complex claims exceeding $1 million
  • Collaborative work environment with a focus on client assistance
  • Potential for professional growth in a specialized field
  • Exposure to a variety of technical assessments and project management tasks
Full Job Description
Overview:

FM has an immediate opening for a claims adjuster, preferably with a commercial property claims and/or engineering background to work in the Parsippany, NJ or Manhattan, NY office of New York Operations.

Responsibilities:
  • The Claims Adjuster works alone or with a team in assisting in determining the extent of coverage afforded under the clients' insurance policies while providing direction and assistance to the client with loss mitigation, salvage, restoration of production, claims preparation and subrogation. In addition, the incumbent retains, manages, and controls internal and external consultants, as needed such as Cause & Origin investigators, Building and Machinery Appraisers, Forensic Accountants to aid in the measurement of the losses.
  • Depending on the experience level, the incumbent is assigned Property Damage and Business Interruption losses, of varying degrees of size and complexity generally in excess of $500,000 and often in excess of $1,000,000 within the Operations geographical area of coverage, or as otherwise directed by the Operations Claims Manager.
  • An engineering degree (or equivalent experience) is required due to the technical nature of our losses. Project management and technical assessment of critical path is often needed on losses. Jurisdictional licensing may be necessary in some cases. Formalized training, including classroom, office and field-based will be provided.
  • The position is primarily office based with required field work. The candidate must be willing to travel, sometimes with short notice, and work out of town as needed in order to effectively manage assigned losses. Approximately 10% travel can be expected.

Qualifications

Education
Bachelor's degree in Engineering or other applicable discipline, or equivalent experience.

Experience
2 or more years of commercial property claims experience.

Skills
  • An understanding of claims processes and procedures
  • Interpersonal skills including negotiating and consulting
  • Excellent written and oral communication skills.

Must be organized and possess ability to make quick and sound recommendations

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