Sr. Casualty Claims Adjuster

Palomar Holdings, Inc.; San Diego (CA); On-site; USD 85,000 - 130,000; Full time

Benefits offered by this job

Medical benefits

401(k) plan

PTO & holidays

Professional development

Social events

Job summary

Palomar Holdings, Inc. is seeking a Sr. Casualty Claims Adjuster in San Diego, CA.

You will manage in-house casualty claims and oversee TPA claims, including notices, coverage analysis, liability and damages reviews, reserves, reporting, reinsurance analysis, and related travel. We value autonomy, precise analysis, and strong communication with policyholders, counsel, and partners. A license is required or pursued within six months; 5–8 years of relevant experience in General

Qualifications

• 5–8 years of relevant experience in General Liability/Auto/Premises Liability claims.
• Proficiency in interpreting and analyzing general liability policies, contracts and risk transfer opportunities.
• Ability to multi-task varied and significant matters.
• Excellent oral and written communication skills.
• Inclusive mindset and a team player with open, transparent communication.
• Demonstrable autonomous work style with strong time management.
• Be eager to work in a fast-paced environment.
• Adjuster’s License or willingness to pursue licensure within six months.

Responsibilities

• Day to day handling of caseload of line of business claims.
• Evaluating information on coverage, liability, and damages to resolve claims on reasonable terms and at an appropriate value.
• Communicate with policyholders, experts, counsel and others to determine the extent of exposure to the insured and the company.
• Sets reserves within authority or makes claim recommendations concerning reserve changes to supervisor.
• Evaluate claims and make recommendations to management regarding claim resolution plans/strategies.
• Negotiating settlements.
• Retaining, directing, and managing litigation counsel.
• Participate on, and sometimes lead, audits of TPA partners.
• Respond to internal and external requests for information from management, underwriters, actuarial and other business partners.
• Provides outstanding customer service and works well with the insured, broker and TPA in the adjustment of mainstream casualty and property losses.
• Prepare timely and accurate reports to management regarding significant claim developments.
• Other duties as assigned

Skills

General liability claims

Auto claims

Premises liability claims

Policy interpretation

Communication skills

Time management

Autonomous working

Licensure readiness

Job description

About this position

Why choose Palomar?

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers.Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

The Sr. Casualty Claims Adjuster, under direction from the Senior Vice President, Head of Casualty Claims, will be responsible for handling in-house casualty claims and overseeing the third-party administrator claims. You will handle all aspects of claims notices and files related to claims and coverage analysis, liability and damages analysis, reserve setting, reporting, reinsurance analysis and reporting, and travel. It will support and assist functional departments, including marketing, risk management, finance and actuarial.

What will you do:

• Day to day handling of caseload of line of business claims
• Evaluating information on coverage, liability, and damages to resolve claims on reasonable terms and at an appropriate value.
• Communicate with policyholders, experts, counsel and others to determine the extent of exposure to the insured and the company.
• Sets reserves within authority or makes claim recommendations concerning reserve changes to supervisor.
• Evaluate claims and make recommendations to management regarding claim resolution plans/strategies.
• Negotiating settlements.
• Retaining, directing, and managing litigation counsel.
• Participate on, and sometimes lead, audits of TPA partners.
• Respond to internal and external requests for information from management, underwriters, actuarial and other business partners.
• Provides outstanding customer service and works well with the insured, broker and TPA in the adjustment of mainstream casualty and property losses.
• Prepare timely and accurate reports to management regarding significant claim developments.
• Other duties as assigned

What we are looking for:

• 5-8 years of relevant experience with a degree of specialized and technical competence in the handling of General Liability/Auto claims and Premises Liability claims. Experience with Professional Lines claims is a plus.
• Proficiency in interpreting and analyzing the application of general liability policies, contracts, lease agreements, risk transfer opportunities etc.
• Ability to multi-task varied and significant matters.
• Excellent oral and written communication skills.
• An inclusive mindset and a team player with an open, transparent communication style.
• Demonstrable track record of working autonomously, time management skills and driving progress.
• Be intellectually curious, think creatively, and pragmatic.
• Experience in a work environment that requires collaboration across work groups.
• Working knowledge of industry best practices, procedures and case law
• Ability to work independently and assimilate learning materials on many different subjects from various sources.
• Excellent interpersonal communications and negotiation skills; and an ability to deal with customers and business partners in a professional manner.
• Ability to make prompt, intelligent decisions based upon detailed analysis of complex issues.
• Eager to work in a fast-paced environment.
• Adjuster’s License or willing to pursue licensure within six months of hire.

We love people who want to:

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• Demonstrable track record of working autonomously and driving progress
• Be intellectually curious, think creatively, and pragmatic

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!

What will you get in return?

• Full Suite of Medical Benefits
• 401k with 3.5% Automatic Fully Vested Employer Contributions
• Competitive PTO + Holiday Program
• Professional Development Assistance
• Regular company-wide social events (even virtually!)

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them

#PalomarPride #Insurancejobs #hiring

Accommodations:

Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.

For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer.

Pay Range: $85,000 - $130,000 + Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.

The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above.