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Intact Insurance Specialty Solutions · 1 week ago

Claims Examiner - Surety (Hybrid)

New York, NY

Full-time

Hybrid

Mid, Senior Level

$85K/yr - $120K/yr

5+ years exp

Intact Insurance Specialty Solutions is dedicated to helping people and businesses prosper through specialized insurance solutions. The Claims Examiner role involves handling and resolving complex Surety Claims through investigation, evaluation, and disposition, while also providing mentorship to less experienced claim representatives.

FinanceFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Makes timely and appropriate contacts, determines, and completes appropriate level of investigation to make determination of coverage, assess liability and determine damages for complex and specialized claims

Determines coverage, prepares coverage correspondence on appropriate claims, responds to coverage questions raised by insureds and others

Determines exposure, establishes adequate reserves, and makes timely adjustments as required

Selects, assigns, and directs activities of internal and external resources as required, including independent adjusters, appraisers, and attorneys. Identifies questionable claims and consults with SIU for further direction as appropriate

Determines settlement value of the loss and negotiates proper settlement of claims within authority. Provides recommendations for settlement and disposition of claims exceeding authority level

Documents clearly and concisely all relevant activity on assigned files and makes recommendations for additional activity as appropriate

May provide mentoring or training to other less experienced claim representatives

Stays abreast of state license requirements and participates in continuing education as required

Maintains a strong professional knowledge of regulatory and legal environments and applies this information effectively