Full-Time

Claims Specialist II

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Senior

No H1B Sponsorship

Richmond, VA, USA + 4 more

More locations: Chicago, IL, USA | Norridge, IL, USA | Alpharetta, GA, USA | Scottsdale, AZ, USA

Hybrid working schedule of 3 days in the office and 2 days remote.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Customer Service
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree or equivalent work experience
  • Adjusters’ license or legal license in at least one jurisdiction
  • Minimum 5 years of claims handling (or equivalent work) experience
  • Excellent written and oral communication skills
  • Strong analytical and problem solving skills
  • Strong organizational 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
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Analyzes coverage and communicates coverage positions
  • Conducts, coordinates, and directs investigation into loss facts and extent of damages
  • Confirms coverage of claims by reviewing policies and documents submitted in support of claims
  • Drafts coverage position letters
  • Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure
  • Handles claims in all jurisdictions
  • Handles litigated and non-litigated property damage claims with values up to $250,000
  • Handles non-litigated bodily injury claims with values up to $250,000 in all jurisdictions;
  • Handles smaller product liability and/or construction defect claims.
  • Identify losses which should be reported to SIU.
  • 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.
  • Represents Markel in mediations, as required
  • Sets reserves within authority or makes recommendations concerning reserve changes to manager

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their products 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 recreational vehicles such as yachts and motorcycles. Markel's approach emphasizes understanding customer needs and delivering quality service, while fostering a workplace culture that encourages personal growth and teamwork. Unlike many competitors, Markel prioritizes flexibility and spontaneity in its operations, aiming to continuously improve and innovate. The company's goal is to lead in its industry by providing tailored insurance solutions and maintaining a commitment to integrity and excellence.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for cyber insurance presents expansion opportunities for Markel.
  • InsurTech partnerships can improve Markel's customer experience and operational efficiency.
  • The gig economy's rise offers a new market for tailored insurance products.

What critics are saying

  • Increased competition in specialty insurance may pressure Markel's profit margins.
  • Climate change-related claims could impact Markel's financial stability.
  • Geopolitical tensions in Asia Pacific might disrupt Markel's business operations.

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 environmental pollution.
  • Markel's investment in Certa enhances its focus on tax and contingent risk insurance.

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