Allegany Co-op Insurance Company is the emblem of stability, security, and integrity and has been serving the Property & Casualty insurance needs of our policyholders since 1887.
The Company has proudly received an “A” rating from A.
M.
Best for more than 25 years.
The Claims Representative-Property is responsible for investigating, adjusting, and processing claims in accordance with applicable regulations established by the New York State Unfair Claims Practice Act, Pennsylvania Unfair Insurance Practices, and any and all procedures adopted by the Company in accordance with various policy provisions.
Be familiar with and interpret policy coverages, investigate and negotiate settlements, and manage litigation when necessary.
*Responsibilities and Duties:*
* Review all claims assigned and determine if coverage for stated damage exists within the policy.
Determine appropriate approach necessary to investigate the property claim.
* Initiate contact with insureds, inform them of the claims process and obtain any additional information necessary to proceed with adjusting the property claim.
Assess and analyze reports obtained for application of coverages, sub-coverages, endorsements, policy additions, limitations and exclusions, insurable interest, coinsurance and insurance to value.
Prepare and send requests for appropriate records and evaluate same when received.
Record data in individual property claim files.
* If necessary, arrange site inspection, obtain photos, conduct any interviews necessary of insured, witnesses, and attorneys.
When necessary, conduct internet searches.
Maintain an appropriate and timely dialogue with individuals involved in the property claim.
* Secure experts when necessary (Forensic Engineers, Independent Adjusters, Physicians, etc.
) and monitor file for reports obtained.
Prepare and forward materials as required.
* Conduct file reviews with AVP of Claims, Attorneys, Underwriters, and other Management.
* Provide Underwriting with risk reports when appropriate.
* Submit necessary information to ISO.
* Attend scheduled appointments that may require travel.
Attend educational programs and company sponsored events.
* Participate in special projects and/or assignments designated by the AVP of Claims or Management.
* Perform other duties as assigned or required.
*Qualifications:*
* High school diploma required.
Associate or Bachelor's degree preferred.
* Must possess current knowledge of medical and legal terminology as well as an awareness of legal procedures.
* Basic knowledge of the insurance industry.
* Insurance designation such as INS, AIC or CPCU either completed or in process preferred.
* Able to work independently or with minimal supervision.
* Possess strong written and verbal communication skills, including negotiation.
* Must be able to interact with multiple personality types.
* Possess high level of reading comprehension skills.
* Must be organized, detail oriented and able to meet deadlines.
*Physical Requirements:*
* Prolonged periods of sitting at a desk and working on a computer.
* Must be able to lift up to 15 pounds at times.
*Employment:*
* Location: Cuba, New York / Hybrid / Remote NY or PA
* Job Status: Full Time
* Work Schedule: Mon-Fri, 8:00 am-4:00 pm
* Reports To: AVP of Claims
* Salary: BOE $47,100-$86,200
Job Type: Full-time
Pay: $47,100.
00 - $86,200.
00 per year
Benefits:
* 401(k)
* 401(k) matching
* Dental insurance
* Employee assistance program
* Flexible spending account
* Health insurance
* Health savings account
* Life insurance
* Paid time off
* Parental leave
* Professional development assistance
* Vision insurance
Compensation package:
* Profit sharing
* Yearly bonus
* Yearly pay
Experience level:
* 3 years
Schedule:
* 8 hour shift
* Day shift
* Monday to Friday
Work Location: Hybrid remote in Cuba, NY
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