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Commercial Claims Specialist II

NJM Insurance

Trenton, NJJob$81–94K/yrTracked 1mo agoSeen in employer's feed 2 days ago

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At a glance

Compensation
$81–94K/yr
Location
Trenton, NJ
Work Authorization
Not specified

Job overview

NJM Insurance is hiring a Commercial Claims Specialist II. The Commercial Claims Specialist II handles all lines of Commercial business, including coverage issues and litigation exposures. This role requires a disciplined self-starter with strong communication and customer service skills, developed coverage skills, and negotiation experience. The specialist will proactively solve problems, prioritize work assignments, and make decisive, responsible decisions.

Key focus areas include Regularly review all open exposures, including supervisor input, focusing on investigation and accuracy of file reserves., Investigate, review, analyze, and evaluate assigned property damage and bodily injury claims expeditiously., and Keep the supervisor informed on claims progress as needed..

Successful candidates bring 3+ Years Claims Experience and High School Diploma Or GED. Important skills include Communication, Customer Service, Coverage Skills, Negotiation, Creative Problem Solving, and Analytic Problem Solving.

Skills & qualifications

RequiredNice to have

Skills

CommunicationCustomer ServiceCoverage SkillsNegotiationCreative Problem SolvingAnalytic Problem SolvingProactive Problem SolvingPrioritize Work AssignmentsIndependent WorkCollaborationDecisivenessResponsibilityDependabilityPresentation SkillsRegular Reviews of Open ExposuresAccuracy of File ReservesCoverage Issues Requiring Reservation of RightsCoverage Declination LettersInvestigate Property Damage ClaimsReview Property Damage ClaimsAnalyze Property Damage ClaimsEvaluate Property Damage ClaimsInvestigate Bodily Injury ClaimsReview Bodily Injury ClaimsAnalyze Bodily Injury ClaimsEvaluate Bodily Injury ClaimsLitigation ProcessProactively Resolve Claim Exposures

Qualifications

3-8 Years Claims ExperienceHandling Litigated Property Damage ClaimsHandling Litigated Bodily Injury ClaimsBOP PoliciesCA PoliciesCGL PoliciesHigh School Diploma or GED EquivalentOther Insurance Designations

Benefits

401(k) Match
Medical Insurance
Dental Insurance
Vision Insurance
Paid Time Off
Parental Leave

Full job description

The Commercial Claims department is seeking a Commercial Claims Specialist II. A Claims Specialist handles all lines of Commercial business including coverage issues and litigation exposures. The Commercial Claims Specialist II is a disciplined self-starter with outstanding communication & customer service skills. Has developed coverage skills, negotiation experience, and is a creative & analytic proactive problem solver. Also, can prioritize work assignments, is an independent worker but can work as a member of the team. Individuals should be decisive, "own" the decisions they make, and the work produced, responsible, dependable and developing presentation skills.

Schedule: Monday-Friday, specific hours are subject to selected start times between 8:00am-9:00am pending supervisory approval.

Essential Duties and Responsibilities: Essential functions of this job are listed below in order of priority. Reasonable accommodations may be made to enable individuals to perform the essential duties. Regular and predictable onsite attendance is an essential function of the job.

  • Regular reviews of all open exposures, including input from the supervisor as needed, focusing on the investigation and the accuracy of the file reserves. Has experience with coverage issues requiring Reservation of Rights and coverage declination letters.

  • Investigate, review, analyze and evaluate the assigned property damage and bodily injury claims expeditiously (and if necessary, through the litigation process) in preparation for prompt resolution. Will keep the supervisor informed on claims progress as needed.

  • Has experience with coverage issues requiring Reservation of Rights and coverage declination letters.

Required Qualifications: Knowledge, skills & abilities, experience, minimum & desired education, certification and/or license requirements.

  • A minimum 3-8 years of claims experience, this should include handling litigated and non-litigated property damage and bodily injury claims related to BOP, CA and CGL policies.

  • Initiates appropriate action to review coverage and proactively resolve all claim exposures in a manner consistent with existing law, license and company guidelines.

  • High School Diploma or GED equivalent.

Preferred Qualifications:

  • Other insurance designations.

Compensation: Salary is commensurate with experience and credentials.

Pay Range: $81,124-$94,141

Eligible full-time employees receive a competitive Total Rewards package, including but not limited to a 401(k) with employer match up to 8% and additional service-based contributions, Health, Dental, and Vision insurance, Life and Disability coverage, generous PTO, Paid Sick Leave, and paid parental leave in addition to state-mandated leave. Employees may also be eligible for discretionary bonuses.

Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

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