Homeowners Property Claims Specialist
4 weeks ago
We are seeking a highly skilled Homeowners Property Claims Specialist to join our team at IAT Insurance Group. As a key member of our Claims department, you will be responsible for handling claims related to homeowners' property, working closely with stakeholders to resolve issues efficiently and effectively.
Key Responsibilities:
- Handles claims, moderate to severe in scope, relative to homeowners' property based on Claim Guidelines.
- Performs CAT duty as needed, occasionally working weekend hours, overnight hours, holiday hours, etc.
- Verifies and analyzes applicable coverage for the reported loss.
- Establishes 24-hour contact and maintains appropriate contact with all involved stakeholders throughout the life of the claim file.
- Investigates each claim by gathering information, conducting interviews, taking statements, conducting website research as needed, reviewing and analyzing reports and related bills.
- Identifies and addresses subrogation/contribution/SIU opportunities.
- Sets accurate/timely loss/expense reserves in compliance with Claim Guidelines.
- Evaluates, negotiates, and authorizes settlements with all stakeholders within designated authority.
- Selects, directs, and manages Vendors/Counsel, including approval of defense budgets.
- Negotiates directly with claimants and claimant attorneys upon receipt of critical information.
- Drafts correspondence, including but not limited to, coverage letters to stakeholders as required.
- Maintains resident/nonresident adjuster licenses as required.
Qualifications:
- Must-Have:
- HS degree/GED with 5+ years of relevant claims experience.
- Must be able to understand fire loss.
- Must be able to identify and investigate subrogation potential of a claims.
- Must have the ability to draft appropriate and professional correspondence.
- Must have good estimating skills and be proficient with Xactimate.
- Must have or be able to obtain licensure as required by respective state(s).
- Excellent oral and written communication skills.
- Ability to analyze data, utilize sound judgment to draw conclusions, and make supported decisions.
- Knowledge of various property insurance coverages and forms.
- Preferred to Have:
- Associate/Bachelors Degree.
- CPCU and other insurance-related studies.
- Field adjusting experience.
About IAT Insurance Group:
IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. We are committed to driving and building an open and supportive culture for all. Our employees propel IAT forward - driving innovation, stable partnerships, and growth. We offer comprehensive benefits, including 26 PTO days, 7% 401(k) company match, and numerous training and development opportunities.
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