About this role
Company Details
Berkley Risk is a member company of W. R. Berkley Corporation, an A. M. Best A+ rated Fortune 500 holding company. Berkley is comprised of individual operating units that serve a defined insurance market segment. Berkley Risk is focused on providing self-insured entities program administration services and insurance operations which can include taking or sharing risk using Berkley paper. This capability allows us to customize both an insurance company option and a purely administrative option for our customers.
Responsibilities
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To adjust claims as assigned, to perform all claim duties associated with the investigation, evaluation and resolution of all claims assigned.
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Understands and can apply coverage for the claims assigned. Issues appropriate RORs and disclaimers.
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Conducts the necessary investigation, either by phone, or through independent adjusters, to determine coverage, liability and damages.
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Ability to manage some litigated files and oversee defense counsel.
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Evaluates, negotiates, and settles assigned claims within authority granted, or seeks authority for those claims in excess of authority.
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Identifies subrogation/contribution/deductible recovery opportunities and effectively pursues recovery when appropriate.
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Assigns and actively directs independent adjusters as well as defense attorneys. Complies with litigation management guidelines.
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Keeps claim files maintained in a consistent and organized manner, diaries are kept current, and reserves are regularly assessed for adequacy throughout the life of the claim.
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Complies with reinsurance and client reporting guidelines.
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Issues loss and expense payments properly and on a timely basis.
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May perform other functions as assigned.
Qualifications
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5+ years claims handling experience, with some litigation management experience preferred.
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AIC, CPCU, or other industry coursework preferred.
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Complies with state adjuster licensing where applicable.
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Strong organizational skills.
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Good human relations, negotiation and communications skills.
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Education Requirement
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College degree or relevant related claim handling experience.
Additional Company Details
Important Outside Agency Notice: Only solicited resumes/candidate profiles that are submitted by a Berkley Preferred Agency Partner that have been requested by Berkley Internal Recruiting to engage in a particular search will be subject to the payment of Agency fees as defined in the formal agency agreement. Any unsolicited resumes/candidate profiles are not subject to payment of the agency fees. The company offers a competitive compensation plan and robust benefits package for full time regular employees. Base salary & Benefits include Health, dental, vision, life, disability, wellness, paid time off, 401(k) and profit-sharing plans. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Additional Requirements
Travel: Occasional travel that may require an overnight stay
Sponsorship Details
Sponsorship not Offered for this Role