Claims Specialist I

Title:

Claims Specialist I

Company:

Everest Insurance Company

Job Category:

Claims

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

Everest Insurance, a member of Everest Re Group, Ltd., has an opportunity for an experienced claims professional or attorney to join our Casualty Claims team as a Claims Specialist I.  This individual will handle mainstream and moderately complex auto, general liability and excess liability and umbrella claims of all varieties. This position involves a hybrid work schedule (3 days in-office and 2 days remote) with the preferred location of Warren, NJ or Philadelphia. This opportunity will provide exposure to a variety of claim matters to build experience and a potential career in insurance.

Responsibilities include but not limited to:

• Reviewing and analyzing complex coverage issues and preparation of coverage position letters

• Investigating, analyzing and evaluating liability and damages

• Managing and directing outside counsel

• Preparing case summary reports related to matters of significant reserve and trial activity

• Setting timely and appropriate case reserves

• Developing and executing claim strategies as well as resolution strategies

• Negotiating and resolving cases

• Attending trials, mediations and settlement conferences

• Working with underwriters to support policy construction and drafting, reporting claim trends, data analysis, and risk assessments

• Extensive communication with insureds, brokers, reinsurers, actuaries, and underwriters

• Attending client meetings and industry functions to support retention and development of client relationships and business

• Performing similar work-related duties as assigned

Qualifications, Education & Experience:

• Strong analytical and organizational skills

• Excellent verbal and written communication skills

• Strong negotiation and investigation skills

• Ability to think strategically

• Ability to influence others and resolve complex, disputed claims

• In-depth knowledge of the litigation, arbitration, and trial process

• Currently holds or readily can obtain all required adjuster licenses

• 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 and willingness to present to senior management and to others in other group settings

• Knowledge of the insurance industry, claims process and legal and regulatory environment

• 3-5 years of claims handling experience or legal experience

• B.A. or B.S. required; JD helpful but not required

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

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 [email protected].

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