Commercial Property Claims Specialist

Pharmacists Mutual Insurance Company; Des Moines (IA); Hybrid; USD 81,000 - 115,000; Full time

Job summary

An established industry player is seeking a Property Claims Specialist to join their dynamic team. This role involves investigating, evaluating, and resolving complex commercial property claims while providing exceptional customer service. The successful candidate will utilize their negotiation skills and insurance knowledge to ensure timely and fair claim resolutions. Additionally, they will serve as a technical resource and mentor for junior staff. With a competitive salary and a comprehensive benefits package, this is an exciting opportunity for a dedicated professional looking to make a significant impact in the insurance field.

Benefits

Health, Dental, Vision & Life coverage

401(k) with Company Match

Paid Time Off

8 Paid Holidays

Volunteer Time Off

Paid Parental Leave

Hybrid/Remote Work Options

Employee Assistance Program

Tuition Reimbursement

Qualifications

• 7+ years experience in insurance claims management for Claims Specialist role.
• Advanced certifications preferred for Senior Claims Specialist position.

Responsibilities

• Investigate and resolve complex commercial property claims.
• Provide superior customer service and manage claims effectively.

Skills

Claims Management

Negotiation Skills

Customer Service

Analytical Skills

Communication Skills

Problem-Solving

Time Management

Team Collaboration

Education

High School Diploma

Associate’s Degree

Bachelor’s Degree

Master’s Degree

Tools

Claims Management Software

Microsoft Office

Job description

Job Details

Job Location: Des Moines, IA - Des Moines, IA

Salary Range: $81,000.00 - $115,000.00 Salary

Description

Pharmacists Mutual has an opening for a Property Claims Specialist. This position will investigate, evaluate, reserve, negotiate, and resolve assigned claims in accordance with Company guidelines. The Claims Specialist will provide timely, professional claim handling and superior customer service.

Claims Specialist- Property:

• This position is responsible for large-scale and/or complex commercial property claims handling. The specialist will provide oversight, consulting, training resources, and serve as a technical resource to the claims staff and other internal customers/partners.

Senior Claims Specialist-Property:

• In addition to the Property Claims Specialist summary above, the Senior Property Claims Specialist provides advanced technical support to team members and will handle cases with the highest level of complexity, including litigated claims.

Essential Functions

Essential functions may include, but are not limited to the following:

• Provides superior customer service and ensures file quality, timely coverage analysis and communication with insured based on application of policy information to facts or allegations of each case.
• Directly investigates each claim through prompt contact with appropriate internal and/or external resources and experts to determine the extent of liability, damages, and contribution potential.
• Interviews witnesses and takes statements as necessary.
• Utilizes diary management system to ensure that all claims are handled timely and documents any rationale for departure from applicable protocols and methods.
• Attends and/or presents at roundtables/authority discussions for collaboration of technical expertise.
• Responsible for prompt and proper resolution/closure of all claims within delegated authority using developed creative resolution strategies or alternate means of resolution.
• Negotiates disposition of claims with insureds and claimants or their legal representatives.
• Tracks and controls legal and adjusting expenses to ensure cost-effective resolution.
• Attends depositions, mediations, arbitrations, pre-trials, trials and all other legal proceedings as needed.
• Manages files through the selection and direction of counsel in accordance with our litigation guidelines.
• Evaluates all claims for recovery potential; assists in recovery efforts and/or engages and directs Company resources for recovery efforts.
• Serves as a subject matter expert within the unit.
• Provides coaching and file oversight for others.
• Assists manager with quality control audits.

Knowledge, Skills and Abilities

• Understand principles and practices of insurance claims.
• Understand complex policy and contract coverage.
• Manage, negotiate and resolve claims.
• Ability and flexibility to work longer hours when workload fluctuations occur.
• Research and stay up-to-date with trends and changes in the claims/insurance industry.
• Communicate effectively with others (oral and written).
• Follow oral and written directions.
• Analyze complex issues and make critical decisions.
• Maintain records, prepare reports and correspondence related to the work.
• Correct and professional English usage, spelling, grammar, vocabulary and punctuation.
• Interpret and apply laws, rules and regulations.
• Determines when to escalate concerns to the appropriate level of management.
• Work effectively with others in a team environment.
• Establish and maintain effective working relationships with those contacted in the course of work.
• Contribute effectively to the accomplishment of team or work unit goals, objectives and activities.
• Excellent customer service skills.
• Ability to organize and prioritize work.
• Work independently and demonstrate drive and initiative.
• Ability to manage and resolve multiple high-exposure claims simultaneously.
• Ability to meet definite deadlines and deal with pressure situations.
• Collect, interpret, and input data efficiently and accurately.
• Use claims management related software efficiently and effectively.
• Use Microsoft Office programs efficiently and effectively.

Qualifications

Experience and Education Qualifications

Claims Specialist

• High School Diploma or equivalent and 7 years of related experience; or
• Associate’s Degree or equivalent and 5 years of related experience; or
• Bachelor’s Degree and 3 years of related experience; or
• Master’s Degree

Senior Claims Specialist

• High School Diploma or equivalent and 10 years of related experience; or
• Associate’s Degree or equivalent and 8 years of related experience; and
• One of the following industry related certifications: AIC (Associate in Claims), AIC-M (Associate in Claims-Management), AIM (Associate in Management), CRM (Certified Risk Manager), SCLA (Senior Claim Law Associates), ARM (Associate in Risk Management) or CPCU (Chartered Property Casualty Underwriter)

OR

• Bachelor’s Degree and 5 years of related experience; or
• Master’s Degree with 2 years of related experience

Special Requirements, Licenses and Certificates

• Licensing may be required in some states

Preferred Qualifications

All levels:

• Advanced or specialized training/certifications: AIC, AIC-M, AIM, CRM, SCLA, ARM, CPCU

Work Environment

• Primary work environment is in a climate-controlled office setting
• Work may involve travel to attend meetings at other locations
• Property Specialist may involve travel to loss locations to inspect or negotiate resolution of claims

In addition to a competitive salary, eligible employees may receive an annual discretionary bonus and access to our benefits package including:

• Health, Dental, Vision & Life coverage
• 401(k) with Company Match
• Paid Time Off
• 8 Paid Holidays
• Volunteer Time Off
• Paid Parental Leave
• Hybrid/Remote Work Options
• Employee Assistance Program
• Tuition Reimbursement

Pharmacists Mutual Insurance Group is an Equal Opportunity Employer.