What are the responsibilities and job description for the Claims Representative- Liability position at BITCO Insurance Companies?
BITCO Corporation, headquartered in Davenport, IA, is currently seeking a Claims Representative- Liability to join our branch office located in Denver CO . With 11 branch offices in 10 states, BITCO provides quality insurance services to specialized industries including construction, forest products and oil & gas. This position is eligible for a hybrid work schedule with required business travel to BITCO office locations and customer offices.
Position Summary :
This position provides key support in the handling of claims across multiple lines of coverage, with a focus on Liability. This includes assessing claim coverage, liability, legal and damage issues, and investigating, evaluating, and effectively resolving all assigned claims in a timely manner according to company and regulatory guidelines. Provides a high level of customer service to internal and external business partners.
Primary Responsibilities :
- Review, analyze, and interpret policy conditions, exclusions and endorsements to resolve coverage and liability issues for assigned claims
- Review and evaluate claim reserves to ensure that the respective reserve properly reflects the potential exposure
- Investigate claims to evaluate coverage and legal issues, which may include meeting with Insureds and witnesses, and obtaining statements, records, and other evidentiary materials
- Provide proper documentation and reporting of investigation and claims handling activities
- Negotiates and resolves claims with claimants and insureds and provides appropriate claims resolution documents
- Provides direction to and management of independent adjusters and other third parties retained to assist in a particular claim
- Perform other duties as assigned
Qualifications :
Coverage Review - interpreting policies, agreements and disclaimers
Salary Range : $55,000-$90,000, commensurate with experience.
Benefits :
Salary : $55,000 - $90,000
