Company Details
Berkley Risk is a member company of W. R. Berkley Corporation, an A. M. Best A+ rated Fortune 500 holding company. Berkley is comprised of individual operating units that serve a defined insurance market segment. Berkley Risk is focused on providing self-insured entities program administration services and insurance operations which can include taking or sharing risk using Berkley paper. This capability allows us to customize both an insurance company option and a purely administrative option for our customers.
Responsibilities
To adjust claims as assigned, to perform all claim duties associated with the investigation, evaluation and resolution of all claims assigned.
- Understands and can apply coverage for the claims assigned. Issues appropriate RORs and disclaimers.
- Conducts the necessary investigation, either by phone, or through independent adjusters, to determine coverage, liability and damages.
- Ability to manage some litigated files and oversee defense counsel.
- Evaluates, negotiates, and settles assigned claims within authority granted, or seeks authority for those claims in excess of authority.
- Identifies subrogation/contribution/deductible recovery opportunities and effectively pursues recovery when appropriate.
- Assigns and actively directs independent adjusters as well as defense attorneys. Complies with litigation management guidelines.
- Keeps claim files maintained in a consistent and organized manner, diaries are kept current, and reserves are regularly assessed for adequacy throughout the life of the claim.
- Complies with reinsurance and client reporting guidelines.
- Issues loss and expense payments properly and on a timely basis.
May perform other functions as assigned.
Qualifications
- 5+ years claims handling experience, with some litigation management experience preferred.
- AIC, CPCU, or other industry coursework preferred.
- Complies with state adjuster licensing where applicable.
- Strong organizational skills.
- Good human relations, negotiation and communications skills.
Education Requirement
- College degree or relevant related claim handling experience.