What are the responsibilities and job description for the Casualty Claims Representative position at Berkley?
Company Details
Acadia Insurance is a regional property casualty insurer with offices throughout the Northeast. As a member of W.R. Berkley Corporation (NYSE: WRB), one of the largest property casualty insurance holding companies in the United States, our financial strength and integrity are two of the main reasons why Independent Agents place business with us. Acadia is rated A (Superior) by A.M. Best, with an A claim paying ability rating by Standard & Poor’s. At Acadia, we value our employees, our customers and our communities. Employees at Acadia are part of a progressive company where everyone can make a difference. We promote an inclusive environment which encourages continuous learning and the chance to grow and develop. Recent internal promotions in our Claims Department have created exciting opportunities for experienced Claims professionals to join our team.
Company URL: https://www.acadiainsurance.com/
Responsibilities
Investigate, evaluate and resolve assigned claims in accordance with company standards, procedures, and state regulatory requirements.
Ideal candidates will have 5 or more years of experience in adjusting commercial liability claims, with a proven record of increasing responsibility, appropriate claim outcomes and excellent customer service, along with demonstrated ability to:• Investigate, evaluate and resolve commercial casualty claims in accordance with company standards, procedures, and state regulatory requirements. Claims handled may include General Liability bodily injury and property damage, Commercial Automobile bodily injury including Uninsured/Underinsured Motorist claims, pollution and environmental exposures, construction defect, product liability bodily injury and property damage, employment-related practices claims and other types of commercial exposures.• Analyze and interpret commercial policy language in conjunction with specific facts of loss to reach appropriate coverage decisions, and effectively communicate the company’s coverage position verbally and in writing.• Compose a variety of other written communications to insureds, claimants, attorneys and agents in a professional and error-free manner.• Conduct detailed, comprehensive claim investigations including on-site scene examinations and in-person witness interviews; attend mediations, depositions and trials, both virtually and in-person.• Evaluate and document damages to ensure accurate and timely reserves; immediately escalate to management cases with significant exposure.• Negotiate effectively and in good faith to achieve fair and accurate claim settlements.• Proactively manage litigated claim files from inception to closure, including collaboration with defense counsel to determine and execute an appropriate plan of action; bring litigated cases to resolution either by negotiated settlement or trial, as appropriate.• Retain experts and vendors to achieve appropriate claim outcomes while remaining mindful of loss adjustment expenses.• Manage assigned workloads effectively to achieve quality and quantity production goals while providing superior customer service.• Effectively present cases in roundtable discussions with peers and members of management at all levels.• Appropriately and clearly document all notes and file activity in a paperless claim system; compose detailed periodic reports including claim summary reports and large loss notifications.• Communicate with other departments regarding developments on specific claim files as well as overall claim trends relevant to Acadia’s business.• Maintain a strong relationship and frequent communication with Acadia’s agency partners.• Serve as a mentor and technical resource for trainees and less-experienced claim professionals. • Work proficiently with various computer programs including MS Word, Excel, and other applications used in the claim handling process.• Attend internal and external seminars and other training events and provide feedback to peers and/or members of management.• Obtain all required state adjuster licenses and maintain them as needed by complying with continuing education requirements.• Pursuit of industry-related professional designations is encouraged. • Perform other duties as assigned.
Qualifications
Bachelor's degree (B. A.) and minimum of 3-5 years of related experience and/or training; or equivalent combination of education and experience.
• 3-5 years of commercial liability claims.• Excellent organizational skills, ability to handle multiple tasks and effectively prioritize workload.• Demonstrated depth in negotiation and claims resolution skills. • Strong computer skills and ability to work with multi-faceted systems. • Ability to effectively and independently manage complex workload while exhibiting very sound judgment. • Excellent written and verbal communication skills. • Demonstrated ability to develop and maintain relationships with agents and other departments while exemplifying superior teamwork.• Professional insurance coursework (i.e., AIC, CPCU) or completion of other insurance-related classes is preferred. • Valid driver’s license required. The Company is an equal employment opportunity employer.
Additional Company Details
We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including: • Base Salary Range: 70k-$90k Depending on Location and experience • Eligible to participate in annual discretionary bonus • Benefits include: Health, dental, vision, dental, 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.Salary : $70,000 - $90,000