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B
Berkley
Senior Claims Specialist
Career Insights for Claims Adjuster / Specialist (General)
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Based on Alabama data
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What they do
A Claims Adjuster or Specialist investigates and evaluates insurance claims. Specializes in a particular type of insurance. Inspects property damage, including damage to homes, buildings and cars; reviews claims after they are submitted; may authorize or deny payment for claims. May work directly for insurers or on behalf of claimants.
$75,312 / year median in Alabama
+14% projected growth
Job Description
Company Details Berkley Industrial Comp Berkley Industrial Comp's (BIN) underwriting department focuses on workers' compensation insurance, partnering closely with underwriting and business engagement teams to support strong renewal outcomes and customer service. The Associate Underwriter role is a key part of this function, helping ensure renewal business is effectively reviewed, quoted, and retained while gaining exposure to all facets of the underwriting job.
The Company is an equal employment opportunity employer. Responsibilities This position is responsible for managing both lost time and med only claims across multiple jurisdictions up to $250,000 in exposure. This includes investigation, evaluation, and resolution of claims. Interface with underwriting, risk management, case management, clients, and vendors as appropriate in controlling costs and loss ratios and providing the claimant with appropriate care. Provide leadership within the claims department. Key functions include but are not limited to the following: Oversee catastrophic and large loss claims from beginning to resolution. Manage all technical aspects of claims including coverage, disability benefit management, medical management, file management, litigation management, subrogation, reserving and settlement. Verify and interpret coverage issues. Consult with attorneys, assist in negotiation of settlement, mediations and trials (attend trials as necessary). Resolve problems involving multi-faceted claims handling. Investigate, evaluate, and negotiate claims toward resolution and provide medical needs within jurisdictional guidelines and Berkley Industrial Comp philosophies. Determinate appropriate reserves to adequately reflect exposure of losses. Attend and participate in training sessions to the accounts or account visits and claim reviews. Qualifications Education Requirement Bachelor's degree with concentration in criminal justice, public administration, business, nursing or insurance OR equivalent work experience.
The Company is an equal employment opportunity employer. Responsibilities This position is responsible for managing both lost time and med only claims across multiple jurisdictions up to $250,000 in exposure. This includes investigation, evaluation, and resolution of claims. Interface with underwriting, risk management, case management, clients, and vendors as appropriate in controlling costs and loss ratios and providing the claimant with appropriate care. Provide leadership within the claims department. Key functions include but are not limited to the following: Oversee catastrophic and large loss claims from beginning to resolution. Manage all technical aspects of claims including coverage, disability benefit management, medical management, file management, litigation management, subrogation, reserving and settlement. Verify and interpret coverage issues. Consult with attorneys, assist in negotiation of settlement, mediations and trials (attend trials as necessary). Resolve problems involving multi-faceted claims handling. Investigate, evaluate, and negotiate claims toward resolution and provide medical needs within jurisdictional guidelines and Berkley Industrial Comp philosophies. Determinate appropriate reserves to adequately reflect exposure of losses. Attend and participate in training sessions to the accounts or account visits and claim reviews. Qualifications Education Requirement Bachelor's degree with concentration in criminal justice, public administration, business, nursing or insurance OR equivalent work experience.