What are the responsibilities and job description for the Claims Recovery - Property Salvage Specialist I position at The Cincinnati Insurance Companies?
Make a difference with a career in insurance
At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®.
If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.
Start your journey with us
Our HQ Claims Resource Operations department seeks a property salvage specialist to be the owner and subject matter expert of the salvage process. This role is responsible for maximizing the net return for the company, or mitigate associated costs, related to salvage. This role will provide direction and support to Field Claims and other associates in assessing salvage opportunities. The position is based in our Fairfield, OH location. We currently offer a hybrid work environment.
Salary: The pay range for this position is $50,000 - $95,000 annually. The pay determination is based on the applicant’s education, experience, location, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.
Be Ready To
Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career.
Enjoy Benefits And Amenities
Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated.To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.
Embrace a diverse team
As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation; religion; national origin; age; disability; or any other basis prohibited by law. Learn more about the Federal Employment Notices .
US-OH-Fairfield
At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®.
If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.
Start your journey with us
Our HQ Claims Resource Operations department seeks a property salvage specialist to be the owner and subject matter expert of the salvage process. This role is responsible for maximizing the net return for the company, or mitigate associated costs, related to salvage. This role will provide direction and support to Field Claims and other associates in assessing salvage opportunities. The position is based in our Fairfield, OH location. We currently offer a hybrid work environment.
Salary: The pay range for this position is $50,000 - $95,000 annually. The pay determination is based on the applicant’s education, experience, location, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.
Be Ready To
- pursue new vendor relationships and maintain existing ones
- create and develop property salvage policies and procedures with recovery management
- perform file reviews and create programs for enhanced property salvage returns
- review and approve vendor expense payments in a timely and accurate manner
- provide training and expertise to Field Claims, SIU, HQ Claims management and vendors on property salvage claims, recovery and fraud concerns
- supervise and negotiate high net worth property salvage claims, including watercraft
- supervise and maintain a jewelry salvage program, including its vendors
- research abandonment, storage and other expenses from internal and outside sources that impact property salvage settlements
- knowledge of our Claims Management System (preferred)
- the ability to pay attention to detail and make sound decisions
- strong verbal and written communication skills
- the ability to learn claims handling statutory requirements to ensure compliance
- a working knowledge of Microsoft ® Office Suite
- basic accounting knowledge (preferred)
- a willingness to take on new responsibilities
- a high school diploma or equivalent
- three or more years of claims handling experience (required); salvage experience (preferred)
- an AIC designation (or the willingness to successfully complete the designation within a three-year timeframe)
- an active arbitration panelist designation (or the willingness to successfully complete the designation)
Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career.
Enjoy Benefits And Amenities
Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated.To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.
Embrace a diverse team
As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation; religion; national origin; age; disability; or any other basis prohibited by law. Learn more about the Federal Employment Notices .
US-OH-Fairfield
Salary : $50,000 - $95,000
