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Commercial Liability Claims Specialist

2 months ago


Greenville, South Carolina, United States Canal Insurance Full time
About Canal Insurance

Canal Insurance Company is a leader in providing insurance solutions tailored for commercial trucking and specialized transportation sectors. Established in 1939, we are committed to fostering a work environment that promotes employee satisfaction and productivity.

Position Overview: Liability Claims Adjuster

Role Summary: The Liability Claims Adjuster is tasked with the assessment and resolution of minor to moderate commercial claims.

Key Responsibilities:

  1. Confirm coverage upon receipt of new claims.
  2. Handle claims internally, which includes investigating, assessing, negotiating, documenting, and concluding claims within the designated authority.
  3. Collaborate with legal representatives in defending insured parties and represent the company at mediations and trials as necessary.
  4. Engage with relevant stakeholders (including insured individuals, claimants, agents, attorneys, repair facilities, and lien holders) as needed.
  5. Oversee, with management approval, independent adjusters and attorneys working in the field.
  6. Establish and manage reserves, communicating with management as appropriate.
  7. Execute additional tasks as assigned by management.
Qualifications:

Educational Background: A Bachelor's degree along with three years of relevant experience is required, or alternatively, five years of experience in claims handling. An adjuster's license is mandatory. Internal candidates must secure managerial approval prior to application submission.

Experience and Skills: A minimum of three years of adjusting experience and a Bachelor's degree are required, or five years of claims handling experience. Candidates should possess knowledge of fundamental insurance and tort law, a grasp of basic legal principles and terminology relevant to insurance operations, and familiarity with basic medical terminology and procedures. Proficiency in computer applications (including word processing, spreadsheets, databases, Internet, and email) is essential.

Additional Considerations:

Physical Demands: Regular use of vision, hearing, and communication (both oral and written) is necessary. Frequent activities include concentration, standing, walking, handling, reaching, and grasping. Occasional bending, kneeling, and lifting (up to 25 lbs.) may be required. Extensive use of computers and office equipment is expected.

Travel and Work Hours: Some travel may be necessary. There may be instances of working outside standard business hours or on weekends.