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Sr. Property Claims Specialist

Coterie Insurance
Remote (United States), United StatesRemotefull_timeVerifiedPosted 14 Aug 2024
💰 $95,000/yr($75,000/yr$95,000/yr)

About the role

About Coterie Applications Inc. 
Our HQ is in Blue Ash, Ohio (4455 Carver Woods Dr, Blue Ash, OH 45242), but we operate as a 100% digital business which makes it easy to work remotely as your role allows 

Coterie is a business insurance startup that distributes flexible-term policies on our website and partner platforms. We value integrity, humility, passion, and intelligence. If you want to push yourself, promote social good, and re-shape a $200B+ market, we’re excited to talk to you.

What will the Sr Property Claims Specialist Do?
Coterie is evolving its claims experience, and we need a Senior Property Claims Specialist (100% Remote). You’ll be working closely with our Property Claims Manager and others both internal and external stakeholders to development and build a world class claims organization. If you are a go-getter who has passion for commercial property and claims and want to change the insurance industry, we want to talk to you! 

  • Develop and implement strategy to drive resolution of Commercial Property claims of moderate to higher levels of severity and complexity, but may be required to handle volume
  • Coordinate and collaborate with cross-functional Coterie team members on process, product, project, insurance, and other global enterprise initiatives
  • Investigate claim and review the insureds' materials, documents, reports etc.
  • Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel, when necessary as well as review coverage counsel's opinion letters and analysis 
  • Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care 
  • Analyze coverage and damages for purposes of estimating, assessing and recommending reserves 
  • Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to claims inquiries from insured, counsel, underwriters, brokers, and senior management 
  • Negotiate resolution of claims 
  • Assist in the development, shaping, adherence to, and execution of best practices
  • Maintain vendors list for field investigators, appraiser’s, experts, fraud investigators and CAT alerts.
  • Maintain contact and oversight with the TPA claim staff
  • Work with underwriting on appetite selection, form development .
  • Identify and review of each jurisdiction's applicable statutes, rules, and case law 
  • Analyze, and direct initial risk transfer, subrogation action, additional insured issues, and contractual indemnity issues, to ensure equitable contribution across all claim stakeholders 
  • Retain counsel when necessary and direct counsel in accordance with resolution strategy 
  • Prepare and present written/oral reports to senior management setting forth all issues influencing evaluation and recommending reserves 

What you need to have: 

  • 10+ years of work experience at an insurance company and/or insurance claims loss adjustment service provider resolving property and casualty claims. 
  • Considerable working knowledge of insurance industry and insurance claims operations particularly around commercial property and casualty claims, policy construction, ISO Commercial BOP forms.
  • Proper adjuster licensing in all applicable states. 
  • Legal concepts and processes knowledge base 
  • Exceptional communication (written and verbal), influencing, evaluation, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines 
  • Strong time management and organizational skills 
  • Ability to take part in active strategic discussions 
  • Excellent collaboration skills, self-motivated and willing to take initiative  
  • Able to understand and synthesize day to day work within the team into trends, themes, successes and opportunities over periods of time 
  • Strong negotiation and persuasion abilities  
  • Exceptional interpersonal and client service skills  
  • Detail oriented and superior organizational skills  
  • Team player with the ability to collaborate with others 
  • Ability to work independently, with support, in a fast-paced, evolving environment 
  • Hands-on experience and strong aptitude with Microsoft Office

What will make you stand out: 

  • College degree (preferred)  
  • Previous experience supporting a business through explosive growth 
  • Quality Assurance (QA), Continuous Process Improvement (CPI), User Experience (UX/UI), Design Thinking, Lean, Agile, Proj

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Company

Coterie Insurance

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