Claims Examiner - Binding Authority

Coaction Global; Morristown (NJ); Hybrid; USD 60,000 - 97,000; Full time

Benefits offered by this job

Discretionary bonus

Benefits package

Paid time off

Medical & dental

Job summary

Coaction is hiring a Senior Claims Examiner to join our Morristown, NJ office on a hybrid schedule. The role focuses on handling complex third-party bodily injury and property damage claims with emphasis on investigation, evaluation, and resolution.

Qualified candidates will have 2+ years of general liability claims experience, willingness to obtain necessary adjuster licenses in required states, and occasional travel.

Qualifications

• 2+ years of claims handling experience primarily handling general liability claims.
• Must be willing to obtain adjuster’s license in all states requiring licensure.
• Must be willing to occasionally travel.

Responsibilities

• Provide expert claim handling in coverage, investigation, evaluation, and resolution of complex third-party bodily injury and property damage claims.
• Investigate liability and damages and set reserves.
• Draft coverage position letters and communicate with insureds and brokers.
• Coordinate with underwriting on losses and risk transfer strategies.
• Engage in negotiations to achieve cost-effective resolutions.
• Manage expenses reserves and support resolution strategies.
• Contribute to the claims department as needed.

Skills

Claims handling

General liability

Time management

Prioritization

Planning

Job description

At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients.

If you are looking for a career in the insurance industry this could be the right role for you! Coaction is looking for talented and driven candidates who combine strategic thinking, creativity, and pragmatic execution to drive business results. This is an exciting opportunity to join our organization as a Senior Claims Examiner. We are looking for motivated individuals who will contribute to our team and perform under strict timelines.

Responsibilities

• Provide expert claim handling in areas of coverage, investigation, evaluation, and resolution of complex third-party bodily injury and property damage claims.
• Ability to comport with best practices in claims handling by timely investigating and evaluating on liability and damages.
• Ability to analyze policies and review relevant contracts to explore risk transfer strategies and priority of coverage.
• Draft appropriate coverage position letters.
• Set timely indemnity reserves after conducting thorough investigation and evaluation on liability and damages.
• Proactive approach towards negotiating claims towards resolution.
• Manage expense reserves and engage in resolution strategies to obtain cost effective results.
• Provide excellent customer service to insureds and brokers and timely advise underwriting of various losses.
• May be called upon to perform other tasks and duties within the claims department as dictated by business needs.

Qualifications

• Solid planning & organizational skills including time-management and prioritization.
• 2+ years of claims handling experience primarily handling general liability claims.
• Must be willing to obtain adjuster’s license in all states requiring licensure.
• Must be willing to occasionally travel.

This is not a fully remote position. Applicants must sit in our Morristown, NJ office on our hybrid work schedule.

Salary range specific to for this role : $60,000-$97,000 + discretionary incentive bonus + benefits depends on various factors including, without limitation, individual and organizational performance. The offered rate of compensation will be based on individual education, experience, and qualifications.

In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Equal Opportunity Employer

Coaction is an Equal Employment Opportunity employer. Coaction’s policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.