Full-Time

Claims Associate Trainee

Posted on 9/24/2024

Core Specialty

Core Specialty

Food & Agriculture
Financial Services
Healthcare

Entry

No H1B Sponsorship

Mayfield Heights, OH, USA

Hybrid position.

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • strong analytical skills
  • excellent verbal and written communication skills
  • customer service skills
  • willingness to work in a team-oriented environment
  • authorized to work for any employer in the U.S.
Responsibilities
  • Investigation of policy coverage and liability with a detailed analysis of applicable state laws; damage determination for property, commodity, and personal injury claims.
  • Responsibilities also include establishing a course of action to conclude claims timely and in compliance with state regulatory requirements. Exposures are to be analyzed and proper reserves established. Escalation of high exposure claims is to be made to management for direction.
  • Task assignments to outside vendors are required along with oversight and management of the vendor.
  • Communication to 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 training activities.

Company Stage

M&A

Total Funding

N/A

Headquarters

Cincinnati, Ohio

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital platforms boosts Core Specialty's growth potential.
  • Cyber insurance market growth presents opportunities for Core Specialty's expansion.
  • Blockchain technology adoption enhances security and transparency in insurance processes.

What critics are saying

  • Competition from Corvus Insurance may impact Core Specialty's market share.
  • Merger integration challenges with Lancer Insurance could disrupt operations.
  • Reliance on AllDigital's technology poses risks of technological failures.

What makes Core Specialty unique

  • Core Specialty partners with AllDigital for efficient digital insurance solutions.
  • The company completed a merger with Lancer Insurance, expanding its market presence.
  • Core Specialty invests in Gramercy Risk, enhancing its specialty insurance offerings.

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