Full-Time
Claims Technical Specialist
Posted on 11/18/2024
Core Specialty
Food & Agriculture
Energy
Financial Services
Expert
No H1B Sponsorship
Jacksonville, FL, USA
Hybrid position requiring in-office presence.
Category
Insurance
Finance & Banking
Required Skills
Word/Pages/Docs
Customer Service
Excel/Numbers/Sheets
Requirements
- 10+ years of experience handling bodily injury claims is required
- Bachelor’s degree preferred
- Working knowledge of Microsoft Word & Excel is required
- Strong analytical skills are required to effectively and efficiently analyze information
- Excellent verbal and written communication skills to express complex evaluations and resolve claims through a well-planned negotiation strategy
- Customer service skills and a willingness to work in a team-oriented environment are essential
- Data entry skills with a focus on attention to details
- Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
Responsibilities
- Investigate commercial insurance automobile, property damage and general liability claims.
- Handle claims from the initial loss report through final disposition.
- Conduct investigation of policy coverage and liability with a detailed analysis of applicable state laws; damage determination for property, commodity and personal injury claims.
- Establish a course of action to conclude claims timely and in compliance with state regulatory requirements.
- Analyze exposures and ensure proper reserves established.
- Escalate high exposure claims is to be made to management for direction.
- Manage litigation filed against insured commercial insureds.
- Task assignments to outside vendors are required along with oversight and management of the vendor.
- Communicate with policyholders, agents and underwriting on key claim issues is required.
- Conduct open claim reviews and work cohesively with other departments to deliver superior customer service and claim service to policyholders.
- Travel may be required to attend mediations, trials and training activities.
Company Stage
M&A
Total Funding
N/A
Headquarters
Cincinnati, Ohio
Founded
N/A
Simplify's Take
What believers are saying
- The upgrade in credit ratings by AM Best reflects Core Specialty's strong financial health and stability.
- Investment in Gramercy Risk indicates a commitment to expanding their portfolio and diversifying risk.
- The partnership with AllDigital Specialty enables Core Specialty to offer efficient and competitive digital solutions, potentially increasing market share.
What critics are saying
- The integration of acquired companies like Lancer Insurance could pose operational challenges and cultural mismatches.
- Focusing on niche markets may limit growth opportunities compared to more diversified insurers.
What makes Core Specialty unique
- Core Specialty's strategic partnerships, such as with AllDigital Specialty, leverage low-touch/no-touch technology to streamline operations, setting them apart in the insurance market.
- The company's focus on niche markets like small to medium-sized private and nonprofit organizations allows it to cater to specific needs that larger insurers might overlook.
- Recent mergers and acquisitions, including the merger with Lancer Insurance Company, enhance Core Specialty's market presence and operational capabilities.
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