Claims Specialist I

Title: Claims Specialist I Company: Everest Global Services, Inc. Job Category: Claims Job Description: It’s an exciting time for Everest Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets. Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including: • Generous tuition/continuing education reimbursement • Mentoring opportunities • Flexible work arrangements • Talent development initiatives • Networking groups Everest Group, a NYSE listed S&P 500, is a leading global reinsurance and insurance provider, operating for nearly 50 years, now in over 15 countries. Everest is a growth company with $14 Billion of Gross Written Premium offering Property, Casualty and Specialty products. We have extensive product and distribution capabilities backed by a strong balance sheet which is evident in our Financial Agency Ratings of: A A. M. Best, A S&P Global and A1 Moody’s Investor Service. We take pride in being known in the industry as nimble, entrepreneurial and responsive. Our culture is innovative, we empower our employees to make business decisions within our risk framework at a local level. The Claims Team at Everest Insurance, a member of the Everest Re Group, is looking for an experienced Commercial Property Claims Specialist to join our Property and Inland Marine Claims team. The preferred location is Warren, NJ but would consider other locations based upon experience. Responsibilities include but not limited to: Experience handling Commercial Property and/or Builders Risk Claims. Strong knowledge of Property Forms and Endorsements. Ability to manage Independent Adjusters. Ability to review and analyze property damage estimates. Review and analyze coverage and prepare appropriate coverage position letters. Investigation, analysis, and evaluation of assigned claims to determine exposure. Management and direction of outside counsel as well as reviewing and approving legal and/or expense budgets and bills. Preparation of case summary reports related to matters of significant reserve activity. Timely and appropriate setting of claim reserves. Development and execution of claim strategies as well as resolution strategies. Negotiation and resolution of claims. Determine and resolve workload and assignment issues to ensure effective claims processing, expense management and claims disposition. Attend trials and mediations. Vendor oversight and management, including auditing of same. Identify issues and trends in the portfolio; take appropriate and/or corrective action where necessary; communicate trends to underwriters, insureds, and brokers. Extensive communication with insureds, brokers, reinsurers, actuaries, and business unit contacts. Attend client meetings and industry functions to support retention and development of client relationships and business. Qualifications, Education & Experience: The ideal candidate will have 5 years of Commercial Property claims experience and current, working knowledge of jurisdictional laws and regulations. Bachelor’s degree or equivalent work experience required. Insurance industry designation(s)/certification(s) preferred. Knowledge, Skills & Competencies: Strong oral and written communication skills. Strong analytical and organizational skills. Strong negotiation and investigation skills. Excellent interpersonal skills. Ability to evaluate coverage issues involving a wide variety of loss scenarios. Ability to think strategically. Currently holds or readily can obtain all required adjuster licenses. Knowledge of the insurance industry, claims and the insurance legal and regulatory environment. Knowledge of claims handling or insurance legal statutes and procedures. Ability to identify and use relevant data and metrics to best manage claims. Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency. Ability to and willingness to present to senior management and other group settings. Ability to influence others and resolve complex, disputed claims Some travel required. Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. For NY Only: The base salary range for this position is $80,000 - $140,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. #LI-Hybrid #LI-VP1 Type: Regular Time Type: Full time Primary Location: Warren, NJ Additional Locations: Atlanta, GA, Boston, MA, Hartford, CT, New York, NY, Philadelphia, PA Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com) Beware of recruitment fraud Please be cautious of phishing scams involving fake Everest job postings and individuals posting as Everest representatives making phony job offers. Always verify the identity of the recruiting professionals you work with. What you should know: At Everest, your privacy, security, and safety are of utmost importance to us. Everest will never ask for payment or any financial information as part of the hiring process. All job-related written communications from our internal recruitment team will come from official email addresses that end in our company domain. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.

Salary : $80,000 - $140,000