Full-Time

Claims Examiner l

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

No salary listed

Mid, Senior

No H1B Sponsorship

Summit, NJ, USA + 4 more

More locations: Shrewsbury, NJ, USA | Plano, TX, USA | Richmond, VA, USA | Omaha, NE, USA

This position is hybrid, requiring some in-office presence.

Category
Insurance
Finance & Banking
Required Skills
Word/Pages/Docs
Customer Service
Excel/Numbers/Sheets
Requirements
  • Associate degree or bachelor’s degree or equivalent work experience
  • Must have or be eligible to receive claims adjuster license within 45 days of employment
  • Minimum of two to five years of claims handling experience or equivalent combination of education and experience
  • Excellent written and oral communication skills
  • Strong analytical and problem-solving skills
  • Strong organization and time management skills
  • Intermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word)
  • Ability to work in a team environment
  • Strong desire for continuous improvement
Responsibilities
  • Handle non-litigated property damage liability claims with damages up to an estimated amount of $50,000 and litigated property damage liability claims with damages up to an estimated $35,000
  • Handle minor non-litigated bodily injury claims with anticipated value of $25,000 or less in all jurisdictions
  • Responsible for handling minor product liability and/or construction defect claims
  • Confirms coverage of claims by reviewing policies and documents submitted in support of claims
  • Analyzes coverage and communicates coverage positions
  • Ability to draft coverage position letters
  • Identify losses which should be reported to SIU
  • Conducts, coordinates, and directs investigation into loss facts and extent of
  • Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure
  • Sets reserves within authority or makes recommendations concerning reserve changes to manager
  • Negotiates and settles claims within authority of up to $50,000
  • Prepares reports by collecting and summarizing information
  • Participates in special projects or assists other team members as requested
  • Provides excellent and professional customer service to insureds while maintaining a high level of production
  • Ability to serve as a mentor to entry level associates
  • Attend local mediations as necessary
Desired Qualifications
  • Advanced degree, or focused technical degree a plus
  • Successful completion of basic insurance courses or achievement of industry designation is a plus (INS, IEA, AIC, ARM, SCLA, CPCU)
  • Knowledge of insurance industry or claims handling preferred
  • Successful completion of two years as an Associate Claims Examiner preferred

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance, inland marine coverage for fine art, environmental pollution, and insurance for yachts, ATVs, and motorcycles. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and continuous improvement, encouraging employees to innovate and find better solutions. The company's goal is to lead in their industry by understanding customer needs and delivering quality products and services while fostering a supportive work environment.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Markel's focus on digital transformation enhances efficiency in risk assessment and claims processing.
  • The rise of parametric insurance offers new opportunities for Markel's specialty offerings.
  • Growing demand for personalized insurance products aligns with Markel's customer-centric approach.

What critics are saying

  • Increased competition in specialty insurance could impact Markel's market share and profitability.
  • Legal scrutiny over discriminatory practices poses reputational and financial risks for Markel.
  • Climate-related risks may lead to higher claims and underwriting losses for Markel.

What makes Markel unique

  • Markel specializes in niche markets like agricultural, equine, and event cancellation insurance.
  • The company offers unique coverage for hard-to-place risks, such as inland marine and pollution.
  • Markel's flexible and spontaneous approach fosters innovation and personal potential among employees.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Hybrid Work Options

Employee Stock Purchase Plan

Company News

Life Insurance International
Mar 24th, 2025
Markel expands Wholesale Claims team

Additionally, Markel has promoted Debbie Larkin to the position of claims manager - Energy, Liability and Terrorism; Rachel Tighe to claims manager - Professional Indemnity (PI), while Natalie Myhill steps into the role of claims manager - Financial Institutions (FI).

Bloomberg Law
Mar 18th, 2025
Markel Drops Suit Against New York Landlord Over Bias Probe

A Markel Group Inc. insurance unit and a New York property management company agreed to toss a coverage dispute over legal defense and settlement costs in an investigation by New York Attorney General Letitia James (D) into alleged discriminatory housing practices.

Procurement Magazine
Mar 17th, 2025
Markel Group appoints Simon Wilson as Chief Executive Officer of Markel Insurance

Markel Group appoints Simon Wilson as Chief Executive Officer of Markel Insurance.

Procurement Magazine
Mar 17th, 2025
Tony Markel to retire as Vice Chairman of Markel Group in May 2025 and Jon Michael joins Board of Directors

Tony Markel to retire as Vice Chairman of Markel Group in May 2025 and Jon Michael joins Board of Directors.

MarketBeat
Mar 14th, 2025
Proficio Capital Partners LLC Invests $169.85 Million in Markel Group Inc. (NYSE:MKL)

Proficio Capital Partners LLC invests $169.85 Million in Markel Group Inc. (NYSE:MKL).