What are the responsibilities and job description for the Sr Claims Representative position at BITCO Insurance Companies?
BITCO Corporation, headquartered in Davenport, IA, is currently seeking a Sr. Claims Representative- Liability to join our branch office located in Atlanta GA . 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
- Prepare reservation of rights letters, nonwaiver agreements, and coverage disclaimers to address claim coverage issues
- 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, including through mediation, arbitration, or other court-supervised settlement efforts, settles, and resolves claims with claimants, insureds, and their lawyers; provides appropriate claims resolution documents
- Maintain a working knowledge of regulatory and jurisdictional requirements
- Provides direction to and management of defense counsel, independent adjusters and other third parties retained to assist in a particular claim
- Other duties as assigned
Qualifications :
Coverage Review - interpreting policies, agreements and disclaimers
Benefits :
