Simplify Logo

Full-Time

Claims Specialist

Confirmed live in the last 24 hours

Counterpart

Counterpart

51-200 employees

Risk management solutions for businesses and professionals

Fintech
Financial Services

Mid

Remote in USA

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Communications
Word/Pages/Docs
Requirements
  • At least 3 years of professional experience, with at least 2 years of experience litigating or managing claims in one or more of the following areas: Employment Practices Liability, Miscellaneous Professional Liability, Directors and Officers Liability, Errors and Omissions Liability
  • Bachelor’s degree required; law degree (J.D.) and professional designations (RPLU, AIC, etc.) highly preferred.
  • Must possess all required state claim adjuster licenses, or be able to obtain them within 90 days of hire.
  • Proven ability to work both independently on complex matters and collaboratively as a team player to assist others as needed.
  • High level of personal initiative and leadership skills.
  • Exceptional time management, problem solving and organizational skills.
  • Comfort and skill operating in a paperless claims environment and using Microsoft Office products (Word, Excel, etc.). Additional familiarity with Google Docs Editors suite is a plus.
  • Willingness to use creative thinking and data-driven insights to overcome obstacles to resolution.
  • Strong communication skills, both verbal and written.
  • Ability to succeed in a full remote workplace environment, and travel as necessary (approximately 10-15%).
Responsibilities
  • Complete accurate and timely investigations into the coverage, liability, and damages for each claim assigned to you.
  • Actively manage each claim assigned to you in a way that produces the most timely and cost-effective resolution.
  • Build and maintain positive and productive working relationships with internal and external customers, including policyholders, brokers, carrier partners, and Risk Engineers.
  • Direct and monitor assignments to experts and outside counsel, and hold those vendors accountable for meeting or exceeding our service standards.
  • Support our data collection efforts and models by effectively using the Counterpart claim system to fully and accurately capture critical details about each claim assigned to you.
  • Identify and escalate insights into emerging claims trends across industries, geographies, and key business segments.
  • Offer user-level feedback and insights to support the continuous improvement of our claim handling processes, guidelines, and systems.
  • Ensure that every touchpoint with our insureds and brokers is representative of our brand, mission, and vision.

Counterpart provides risk management and insurance solutions specifically tailored for businesses and professionals, including executive practice groups and digital officers. The company utilizes a proprietary platform that simplifies the management of liability in a fast-paced business environment, making it user-friendly and effective. This platform distinguishes Counterpart from traditional insurance carriers and other startups by offering a fresh perspective on risk management. Counterpart's revenue comes from its risk management services, which are well-received by clients, leading to strong partnerships and growth. Additionally, the company is recognized for its strong underwriting and risk management capabilities, supported by a novel data infrastructure and advanced technology.

Company Stage

Series B

Total Funding

$56M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

12%

1 year growth

36%

2 year growth

121%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $30M Series B funding led by Vy Capital and other prominent investors positions Counterpart for significant growth and market expansion.
  • Partnerships with established carriers like Aspen and Markel enhance Counterpart's credibility and market reach.
  • The launch of the Quote & Bind API simplifies the insurance process for brokers, potentially increasing client acquisition and satisfaction.

What critics are saying

  • The competitive landscape of the insurtech industry requires Counterpart to continuously innovate to maintain its edge.
  • Reliance on partnerships with carriers like Aspen and Markel could pose risks if these relationships were to deteriorate.

What makes Counterpart unique

  • Counterpart's proprietary platform offers a fresh perspective on risk management, setting it apart from traditional carriers and other startups.
  • The company's strong underwriting and risk management capabilities, combined with novel data infrastructure, enhance its reputation in the industry.
  • Counterpart's innovative use of AI and technology in management liability insurance provides a unique value proposition for small businesses.