What are the responsibilities and job description for the Senior Property Claims Adjuster position at Berkley?
Company Details
Berkley Luxury Group has been a mainstay in the commercial real estate and hospitality business since 1986. We specialize in luxury condominiums, cooperatives, and apartments in the habitational space, Class A Office buildings and fine dining restaurants in the hospitality space. BLG maintains a standard of prompt and fair settlement of claims, and endeavors to treat insureds and brokers in a partnership-like manner.
BLG has developed a strategic plan to grow their success by expanding their footprint geographically and adding complementary products. At BLG there is a shared vision to be the best option for its customers. We aim to provide comprehensive insurance solutions, use enhanced data and technology to make more informed decisions and rely on a field-based underwriting, claims and loss control model to be closer to our customers and brokers. Our goal is to provide superior services and products to these unique businesses.
At Berkley Luxury Group, our employees are our most important asset. We recognize that if we properly support and develop our employees, they will become our primary sustainable competitive advantage and the key to achieving success. As such, we have created a high performing culture incorporating our values into work practices, policies, and processes to foster, reinforce and sustain an environment where employees share a strong sense of purpose, commitment, and motivation to meet and exceed their goals.
As a Berkley company, we enjoy operational flexibility that allows us to deliver quality coverage solutions. W. R. Berkley Corporation, and all member insurance companies, are rated A (Superior) by A.M. Best Company and carry Standard & Poor’s Financial Rating of A (Strong).
The company is an equal employment opportunity employer.
Responsibilities
The Senior Property Claims Examiner investigates, evaluates, and resolves assigned property claims in accordance with company standards, procedures, and regulatory requirements with some supervision.
We are looking for a candidate who will work remotely in the Atlanta GA metropolitan area.
Key functions include but are not limited to :
- Proactively manages claim files from inception to closure including coverage analysis, investigation, damages, and evaluation with some management supervision.
- Establishes appropriate initial loss and expense reserves and continually evaluates the file on diary for adequacy, accuracy, and adherence to reserving guidelines.
- Analyzes and interprets policy language in conjunction with specific loss facts to reach appropriate coverage decisions.
- Drafts coverage correspondence including reservations of rights and coverage disclaimers in compliance with state statutes and regulations.
- Effectively and independently negotiates settlements with insureds and third parties
- Compose correspondence to insureds, claimants, attorneys, agents, and regulatory agencies.
- Appropriately and clearly documents all claim file activity, including current strategy, plan of action and maintain current diary according to claim handling best practices.
- Work with and manage independent adjusters and experts and control costs of outside vendors
- Effectively present cases within the department, and to underwriting and senior management.
- Compose Large Loss Reports and other detailed reporting documents as appropriate on a regular and timely basis.
- Identify subrogation opportunities and work with attorneys to obtain recoveries.
LI-Remote
LI-RS1
Qualifications
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies. The company offers a competitive compensation plan and robust benefits package for full time regular employees. 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.