Independent Adjuster Manager
Assign and oversee independent adjusters handling losses for Lloyd's Syndicates
Essential Duties :
Enter First Reports / New Losses into the system
Review new losses for coverage prior to assigning to adjuster or Company
Send acknowledgements to brokers
Maintain accurate reserves for claim files
Analyze adjuster reports for coverage, accuracy and compliance with London requirements
Be able to make decisions regarding coverage of claims
Present applicable reports to London broker for authorization where necessary
Communicate required authorizations to adjusters and monitor communications between London and adjusters / attorneys
Answer London Company inquiries
Communicate with underwriting regarding policy issues / inconsistencies relating to losses
Issue payments to insureds / claimants
Prepare checks for mailing
Review adjuster and vendor invoices / set up for assistant to pay
Enter notes and payments into system to update claim status
Review daily follow ups
Follow up with adjusters for overdue reports
Handling incoming emails daily
Customer service for incoming calls from brokers, insureds, etc
Weekly meeting with claim manager or as needed
Qualifications :
Strong knowledge and understanding of Commercial and Homeowners property coverage and a clear understanding of insurance terminology.
Good communication skills to discuss claims with adjusters and attorneys.
Solid customer service and organizational skills to handle a heavy workload.
Ability to work both independently and as a team player
We offer a total compensation package which includes salary (60k-75k) plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More.
Claim Administrator • Montvale, NJ, US