Job Details

Fidelity Claims Associate

Company name

Organization Type


Job Type


Years of Experience

Min 1 yrs required


Basking Ridge, NJ

Date Last Verified

Oct 19,2017

Posted on

Jun 09,2017
Practice Area
Insurance Coverage >> Insurance Coverage
Apply for this job
Your Email:
Upload Resume:

73 hits


Fidelity Claims Associate The candidate will receive assignments, review claim and policy information, conduct claim investigation and determine the extent of coverage available under crime policies and financial institution bonds issued to our commercial and financial institution insureds. Claims include employee theft and dishonesty, funds transfer fraud, forgery, computer fraud, and other financial institution bond and crime losses under fidelity policies. Contact, interview and obtain statements from insureds, witnesses and law enforcement to secure necessary claim information. Evaluate facts supplied by investigation to determine coverage and extent of the company’s obligation to the insured under the policy contract. Evaluate coverage based on investigation and policy/bond review. Prepare coverage position letters. Set reserves within authority limits and recommend reserve changes to Manager. Review progress and status of claims with Manager and discuss issues and suggested action plan. Assist Team Leader and Manager in developing methods and improvements for handling claims. Settle claims promptly and equitably. Obtain proofs of loss, releases and/or assignments and issue company drafts in payment of claims. Inform insureds, brokers or attorneys of denial of claim when applicable. Undergraduate and JD degrees is required. Basic knowledge of claims handling concepts, practices, and procedures is needed. Basic Microsoft Word, Excel, and Outlook is essential. Strong Communication skill is needed.

Additional info

Job Number: 314681

Company info

Apply Now

Similar Jobs:

Professional Associate - Environmental Claims Under close supervision, the candidate will receive assignments and reviews claim and policy information to provide background for investigation and may determine the extent of the po...
Claim Technical Director The candidate will focus on high-exposure losses in a nationwide book of business of claims under umbrella and excess policies. Claims include auto liability, some products and construction defect as well...
Claims Counsel The candidate will handle Financial Line Claims that could include Directors and Officers (D&O), Errors and Omissions (E&O) or Employment Practices Liability (EPL) claims of moderate complexity. Will have experienc...