Property Claims Engineer & Loss Mitigation Specialist

FM; Parsippany-Troy Hills (NJ); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Total Rewards program

Tuition reimbursement

401(k) and pension plan

Job summary

FM, a leading mutual insurance company, seeks a Claims Adjuster for the Parsippany, NJ or Manhattan, NY office. The role involves determining coverage, guiding loss mitigation, and coordinating specialists to quantify losses that may exceed seven figures.

An engineering degree or equivalent experience is required. Travel up to 10% and office-based work with occasional field assignments are expected. Comprehensive benefits and career development are part of FM’s Total Rewards program.

Qualifications

• Understanding of claims processes and procedures.
• Interpersonal skills including negotiating and consulting.
• Excellent written and oral communication skills.

Responsibilities

• Assist in determining coverage under policies and provide guidance on loss mitigation and restoration.
• Manage internal and external consultants to measure losses and support subrogation when applicable.
• Handle property damage and business interruption losses, often exceeding $500,000 to over $1,000,000.
• Travel as needed, approximately 10% of the time, and work in office with field assignments.

Skills

Claims knowledge

Negotiation

Communication

Education

Bachelor’s degree in Engineering

Job description

FM, a leading mutual insurance company, seeks a Claims Adjuster for the Parsippany, NJ or Manhattan, NY office. The role involves determining coverage, guiding loss mitigation, and coordinating specialists to quantify losses that may exceed seven figures.

An engineering degree or equivalent experience is required. Travel up to 10% and office-based work with occasional field assignments are expected. Comprehensive benefits and career development are part of FM’s Total Rewards program.