Job Details

Insurance Coverage Attorney in Summit NJ

Organization Type

In-House

Job Type

Attorney

Posted on

Jul 11,2019

Years of Experience

Min 2 yrs required

Location

Summit, NJ, United States
Practice Area
Insurance Coverage >> Insurance Coverage
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Claims Examiner - General Liability
The candidate will be responsible for the resolution of moderate complexity and moderate exposure claims. The position will have increased responsibility for decision making within their authority and work under general direction from their manager. Confirms coverage of claims by reviewing policies and documents submitted in support of claims. Analyzes coverage and communicates coverage positions. Conducts, coordinates, and directs investigation into loss facts and extent of damages. Directs and monitors assignments to experts and outside counsel. Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure. Sets reserves within authority or makes claim recommendations concerning reserve changes to manager. Negotiates and settles claims either directly or indirectly. Prepares reports by collecting and summarizing information. Adheres to Fair Claims Practices regulations and internal Claims Quality Performance Objectives. Participates in special projects or assists other team members as requested. Travel to mediations, trials, and conferences as required.

Qualification and Experience

The candidate should have Bachelor’s degree or equivalent work experience, JD , advanced degree, or focused technical degree a plus. Must have or be eligible to receive claims adjuster license. Successful completion of basic insurance courses or achievement of industry designation (INS, IEA, AIC, ARM, SCLA, CPCU) is required. Should have 3 years of claims handling experience in commercial general liability or equivalent combination of education and experience. Knowledge of insurance industry or claims handling preferred, or Successful completion of 2 years as a Claims Representative. Must have excellent written and oral communication skills/ Should have strong analytical and problem solving skills.

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