Claims Adjuster

Open Lending, LLC; Austin (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

Open Lending, LLC is seeking an experienced Claims Adjuster to review, evaluate, and process commercial casualty claims. The role requires interpreting policy provisions, independent claim management, and timely, well-documented decisions.

Collaboration with carriers, clients, and internal teams is essential. Ideal candidates will have a Texas Property and Casualty license, 1+ year claims or customer service experience, and strong communication skills.

Qualifications

• Current, valid Texas Property and Casualty claims adjuster license.
• 1+ years of claims experience or other customer service role.
• Highly organized and adaptable to changing priorities and business needs.
• Able to work independently and manage multiple claims.
• Strong written and verbal communication skills.

Responsibilities

• Develop and maintain understanding of the Lenders Protection program, products, and procedures.
• Review claims and gather information required to determine eligibility for payment.
• Identify incorrect insurance application information before payment.
• Calculate payments and submit claims to payment queue.
• Analyze uninsured losses and contributing factors.
• Escalate significant losses and process issues to appropriate staff.
• Communicate with clients about process issues and corrective actions.
• Train client employees responsible for claim submissions.
• Maintain complete, accurate, timely documentation of findings and decisions.
• Support carrier audits with required documentation and explanations.
• Maintain licenses for states where claims are handled.
• Meet performance standards for volume, quality, and response times.
• Deliver high level of service to internal and external customers.
• Collaborate with Marketing, Implementation, Finance, and IT.

Skills

Independent work

Attention to detail

Team collaboration

Written communication

Verbal communication

MS Office proficiency

Customer service

Insurance policy interpretation

Education

Property and Casualty license (Texas)

Job description

Job Title: Claims Adjuster

Department: Claims

Open Lending is a leading provider of automotive lending enablement solutions for financial institutions. Through our technology, analytics, and risk-based pricing platform, we help lenders confidently serve more borrowers while managing risk.

Headquartered in Austin, Texas, Open Lending partners with financial institutions across the country and has been recognized as one of Austin’s fastest-growing companies and a Best Place to Work by both the Austin Business Journal and Austin American-Statesman.

Position Summary

Open Lending is seeking an experienced claims professional to review, evaluate, and process claims across a range of commercial casualty products. The Claims Adjuster interprets and applies insurance policy provisions, manages assigned claims independently, and ensures accurate, timely, and well-documented claim decisions. The role regularly collaborates with the insurance carriers, clients, and internal teams and is accountable for meeting established standards for claim volume, quality, customer service, and response times.

Key Responsibilities

• Develop and maintain a thorough understanding of the Lenders Protection program, applicable insurance products, and internal claim-handling procedures.


• Review submitted claims and obtain, validate, and document the information required to determine eligibility for payment.


• Identify and correct insurance application information, when appropriate, before claim payment is issued.


• Calculate claim payments accurately and submit approved claims to the appropriate payment queue.


• Determine the client’s uninsured loss and analyze the factors contributing to that loss.


• Escalate significant uninsured losses and material breakdowns in client application-submission processes to appropriate Lenders Protection staff.


• Communicate directly with clients regarding material process issues and provide clear guidance on corrective actions.


• Conduct training for client employees responsible for claim submissions and assist with claim-related questions or issues.


• Maintain complete, accurate, and timely documentation of claim findings, calculations, decisions, and supporting information.


• Participate in carrier audits and provide requested claim documentation and explanations.


• Maintain all claims adjuster licenses required for the states in which claims are handled.


• Meet established performance standards for claim volume, quality, accuracy, and response times.


• Deliver a consistently high level of service to internal and external customers.


• Collaborate cross-functionally with Marketing, Implementation, Finance, and Information Technology to support operational effectiveness and business opportunities.

Skills And Competencies

• Ability to work independently, prioritize competing responsibilities, and manage multiple claims in a deadline-driven environment.


• Strong attention to detail and a consistent commitment to accurate, high-quality work.


• Ability to work effectively in a collaborative, team-oriented environment.


• Strong written, verbal, and interpersonal communication skills.


• Proficiency with Microsoft Office applications and the ability to learn claims-related systems and tools.


• Strong customer service and problem-solving skills.


• Working knowledge of claim-handling practices and insurance policy interpretation.

Education And Qualifications

• Current, valid Texas resident Property and Casualty claims adjuster license.


• 1+ years of claims experience or other customer service role


• Highly organized, adaptable, and able to adjust effectively to changing priorities and business needs.