Claim Representative Trainee
3 weeks ago
We are seeking a highly motivated and detail-oriented Property Claim Trainee to join our team at Travelers Insurance. As a Property Claim Trainee, you will be responsible for handling first-party property claims of moderate severity and complexity.
Key Responsibilities:
- Establish accurate scope of damages for building and contents losses and utilize as a basis for written estimates and/or computer-assisted estimates.
- Investigate and evaluate all relevant facts to determine coverage, damages, business interruption calculations, and liability of first-party property claims under various policies.
- Determine appropriate settlement amount based on independent judgment, computer-assisted building and/or contents estimate, estimation of actual cash value and replacement value, contractor estimate validation, appraisals, application of applicable limits and deductibles, and work product of Independent Adjusters.
- Negotiate and convey claim settlements within authority limits.
- Write denial letters, Reservation of Rights, and other complex correspondence.
- Properly assess extent of damages and manage damages through proper usage of cost evaluation tools.
- Meet all quality standards and expectations in accordance with the Knowledge Guides.
- Maintain diary system, capturing all required data and documents claim file activities in accordance with established procedures.
- Manage file inventory to ensure timely resolution of cases.
- Handle files in compliance with state regulations, where applicable.
- Provide excellent customer service to meet the needs of the insured, agent, and all other internal and external customers/business partners.
- Recognize when to refer claims to Travelers Special Investigations Unit and/or Subrogation Unit.
- Identify and refer claims with Major Case Unit exposure to the manager.
- Perform administrative functions such as expense accounts, time-off reporting, etc., as required.
- Provide multi-line assistance in response to workforce management needs, including but not limited to claim handling for Auto, Workers Compensation, General Liability, and other areas of the business as needed.
- May attend depositions, mediations, arbitrations, pre-trials, trials, and all other legal proceedings, as needed.
- Must secure and maintain company credit card required.
- In order to perform the essential functions of this job, acquisition and maintenance of Insurance License(s) may be required to comply with state and Travelers requirements.
Requirements:
- Bachelor's Degree preferred or a minimum of two years of work or customer service-related experience preferred.
- Demonstrated ownership attitude and customer-centric response to all assigned tasks.
- Verbal and written communication skills.
- Attention to detail ensuring accuracy.
- Ability to work in a high-volume, fast-paced environment managing multiple priorities.
- Analytical Thinking.
- Judgment/Decision Making.
- Valid passport preferred.
What We Offer:
- Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
- Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools, discounts, and resources that empower you to achieve your wellness goals and caregiving needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved.
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