Junior Claims Specialist (1-3 years) (Hybrid in Berkeley Heights, NJ) (Full-Time)

Career Developers Inc., a distinguished staffing and consulting firm, is proud to celebrate 30 years of service excellence. As a GSA Contract holder, we offer comprehensive staffing solutions for both commercial and government sectors nationwide. By selectively partnering with clients who share our values, we ensure productive collaborations that set us apart in the industry. Our dedication to candidates involves managing expectations with precision through business intelligence, thorough interview preparation, transparent communication, and exceptional feedback throughout the process.

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Junior Claims Specialist (1-3 years) (Hybrid in Berkeley Heights, NJ) (Full-Time)
Salary: $75K - $85K Base Salary
Location: Hybrid 4 days onsite in Berkeley Heights, New Jersey

Must Haves:

• Must have a Bachelor's Degree
• Must be able to work a 4-day onsite schedule in Berkeley Heights, NJ
• Minimum of 1 to 3 years of experience at either a specialty insurance carrier and/or a law firm.
• Plastic card and EPL experience.
• Financial institutions' E&O and D&O are a plus.

Job Description

Duties and Responsibilities:

• Directly handle, manage, and/or oversee financial lines, plastic card fraud and theft claims, and employment practices liability claims.
• Handle claims in accordance with Claim Handling Best Practices in all phases of the claim, including through initial contact, investigation of the claim, evaluation of the claim for coverage and reserving for exposure, and in the resolution and documentation of claims.
• Provide top-notch customer service through all interactions and communications, including with internal and external customers and business partners.
• Review and evaluation of policies to determine coverage.
• Resolve coverage-related matters working collaboratively with outside counsel when necessary.
• Complete written reports and present claims to management, underwriting, actuary, and reinsurers on claim developments as needed.
• Adhere to all statutory regulations and the Unfair Claims Practices Act.
• Consistently communicate claim developments, exposure analyses, and requests for authority to claims management.
• Participate in mediations, settlement conferences, and otherwise see claims through to resolution.
• Work closely with underwriting and other business partners to review, analyze, and communicate claim trends and help develop policy language.
• Along with underwriting, attend current and prospective meetings with insureds and brokers.
• Work with and manage outside vendors, including outside attorneys, to manage budgets and oversee litigation.
  

Qualifications

• Minimum of 1 to 3 years of experience at either a specialty insurance carrier and/or a law firm.
• Plastic card and EPL experience. Financial institutions' E&O and D&O are a plus.
• Bachelor's degree required.
• Juris Doctor degree from an accredited law school is a plus.
• Candidates will be required to obtain and maintain insurance adjuster licenses.
• Excellent written communication skills.
• Excellent verbal and interpersonal communication skills, enabling interaction with all levels of management and the employee population.
• Strong analytical, investigative, listening, and negotiation skills.
• Experience multi-tasking, prioritizing work, and working effectively in a team environment, while maintaining attention to detail.
• Experience working in a fast-paced environment, completing work with limited supervision.
• Experience with Microsoft Windows, Outlook, and Excel, or transferable software packages.
• Ability and willingness to travel as needed.