Claims Specialist I - Property

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Job Description:

Everest Group Ltd. (Everest) is a leading global reinsurance and insurance provider operating for nearly 50 years through subsidiaries in North America Latin America the UK & Ireland Continental Europe and Asia Pacific regions. Throughout our history Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities a strong balance sheet and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs mentoring opportunities flexible work arrangements and Colleague Resource Groups.

The Claims Team at Everest Insurance a member of the Everest Re Group is looking for an experienced Commercial Property Claims Specialist I to join our Property and Inland Marine Claims team. The preferred location is Warren NJ but would consider other locations based upon experience.

Responsibilities include but not limited to:

• Experience handling Commercial Property and/or Builders Risk Claims.

• Strong knowledge of Property Forms and Endorsements.

• Ability to manage Independent Adjusters.

• Ability to review and analyze property damage estimates.

• Review and analyze coverage and prepare appropriate coverage position letters.

• Investigation analysis and evaluation of assigned claims to determine exposure.

• Management and direction of outside counsel as well as reviewing and approving legal and/or expense budgets and bills.

• Preparation of case summary reports related to matters of significant reserve activity.

• Timely and appropriate setting of claim reserves.

• Development and execution of claim strategies as well as resolution strategies.

• Negotiation and resolution of claims.

• Determine and resolve workload and assignment issues to ensure effective claims processing expense management and claims disposition.

• Attend trials and mediations.

• Vendor oversight and management including auditing of same.

• Identify issues and trends in the portfolio; take appropriate and/or corrective action where necessary; communicate trends to underwriters insureds and brokers.

• Extensive communication with insureds brokers reinsurers actuaries and business unit contacts.

• Attend client meetings and industry functions to support retention and development of client relationships and business.

Qualifications Education & Experience:

• The ideal candidate will have 3 years of Commercial Property claims experience and current working knowledge of jurisdictional laws and regulations.

• Bachelors degree or equivalent work experience required.

• Insurance industry designation(s)/certification(s) preferred.

Knowledge Skills & Competencies:

• Strong oral and written communication skills.

• Strong analytical and organizational skills.

• Strong negotiation and investigation skills.

• Excellent interpersonal skills.

• Ability to evaluate coverage issues involving a wide variety of loss scenarios.

• Ability to think strategically.

• Currently holds or readily can obtain all required adjuster licenses.

• Knowledge of the insurance industry claims and the insurance legal and regulatory environment.

• Knowledge of claims handling or insurance legal statutes and procedures.

• Ability to identify and use relevant data and metrics to best manage claims.

• Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency.

• Ability to and willingness to present to senior management and other group settings.

• Ability to influence others and resolve complex disputed claims.

• Some travel required.

What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.

• Our Valuesare the guiding principles that inform our decisions actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.

• Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.

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