Everest Group, a NYSE listed S&P 500, is a leading global reinsurance and insurance provider, operating for nearly 50 years, now in over 15countries. Everest is a growth company offering Property, Casualty and Specialty products. We have extensive product and distribution capabilities backed by a strong balance sheet which is evident in our Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody's Investor Service.
We take pride in being known in the industry as nimble, entrepreneurial and responsive. Our culture is innovative, we empower our employees to make business decisions within our risk framework at a local level.
At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:
The Claims Team at Everest Insurance, a member of the Everest Re Group, is looking for an experienced Commercial Property Claims Specialist to join our Property and Inland Marine Claim team. This is a hybrid role (3 days in office) based out of one of our U.S. offices.
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 5+ years of Commercial Property claims experience and current, working knowledge of jurisdictional laws and regulations.
Bachelor's 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
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. Click here to learn more about our culture.
Our Values are 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. Diversity, Equity and Inclusion.
Our Colleague Behaviors define 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.
#LI-Hybrid
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Type: Regular
Time Type: Full time
Primary Location: Warren, NJ
Additional Locations: Atlanta, GA, Boston, MA, Chicago, IL - South Riverside, Hartford, CT, Houston, TX, Los Angeles, CA, Orange, CA, Philadelphia, PA, Tampa, FL, Walnut Creek, CA
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.
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