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The Property & Casualty Insurance Claims Specialist manages claim costs by coordinating with insurance companies, customers, third parties, Circle K employees, attorneys on litigated and non-litigated claims. This position involves conducting thorough investigations of property damage and injury liability claims. Position includes assessing, evaluating and negotiating settlement with customers and pursuing subrogation.
Job Responsibility:
Conduct office/telephonic investigations on cases assigned by management
Work collaboratively with employers third party administrator and insurance carriers
Confirm coverage/store location and determine liability on in-house claims
Establish related physical damages and injuries
Negotiate settlements
Processes the collection of Subrogation claims by recovery of monies, write offs, and court restitutions
Provide information to management by collecting and analyzing data
prepares reports by collecting, formatting, analyzing and summarizing information for Property Damage Liability and Subrogation claims
Ensure compliance with requirements, policies and regulations by enforcing adherence to corporate systems, policies and procedures
advises management on needed actions
Comply with federal, state and local legal requirements by studying and reviewing existing and new laws
auditing and enforcing adherence to requirements
rendering opinions
advising management on as-needed actions
Maintain professional and technical knowledge by attending educational workshops
reading professional publications
establishing personal networks
participating in professional societies
Perform other duties as assigned
Telephonic and electronic communications are a major part of the position activity, and may include direct communication with management, store personnel, claimants, witnesses, repair facilities, contractors, police and fire departments, state and county fraud personnel, special investigators, attorneys, members of the medical profession, and all other people incident to the investigation and processing of claims
Requirements:
Bachelor’s degree in risk management or related field is preferred
Other combinations of experience and education that meet the minimum requirements may be substituted
Successful demonstrated work experience in insurance claims is required
Must be computer literate in MS Access, Excel and Word
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