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BITCO INSURANCE COMPANIES

Claims Representative- Liability

BITCO INSURANCE COMPANIES, Lakewood, CO, United States


Job Description

BITCO Corporation, headquartered in Davenport, IA,is currently seeking aClaims Representative- Liabilityto join our branch office located inDenver CO.With 11 branch offices in 10 states, BITCO provides quality insurance services to specialized industries including construction, forest products and oil gas. This position is eligible for a hybrid work schedule with required business travel to BITCO office locations and customer offices.

Position Summary:

This position provides key support in the handling of claims across multiple lines of coverage, with a focus on Liability. This includes assessing claim coverage, liability, legal and damage issues, and investigating, evaluating, and effectively resolving all assigned claims in a timely manner according to company and regulatory guidelines. Provides a high level of customer service to internal and external business partners.

Primary Responsibilities:

  • Review, analyze, and interpret policy conditions, exclusions and endorsements to resolve coverage and liability issues for assigned claims
  • Review and evaluate claim reserves to ensure that the respective reserve properly reflects the potential exposure
  • Investigate claims to evaluate coverage and legal issues, which may include meeting with Insureds and witnesses, and obtaining statements, records, and other evidentiary materials
  • Provide proper documentation and reporting of investigation and claims handling activities
  • Negotiates and resolves claims with claimants and insureds and provides appropriate claims resolution documents
  • Provides direction to and management of independent adjusters and other third parties retained to assist in a particular claim
  • Perform other duties as assigned

Qualifications:

  • Minimum of 3 years of experience with the following:
    • Coverage Review - interpreting policies, agreements and disclaimers
    • Claims Investigation - Statements, authorizations, retention of qualified experts
    • Claims Administration - Reports, review reserves, compliance knowledge of laws and procedures
    • Claims Settlement - Preparation of releases and proof of loss statements
  • Must be service-oriented, with the ability to provide prompt, efficient, and effective claims and customer service
  • Proven ability to develop and maintain good working relationships with customers and co-workers, both internal and external
  • Ability to clearly, accurately, and effectively communicate, both orally and in written correspondence and both internally and externally, including with our customers, claimants, and members of the public
  • Good negotiation skills
  • Excellent judgement and decision making skills
  • Must be able to travel between different off-site locations or overnight in an expeditious manner
  • Experience in handling liability claims inAK, AZ, CA, CO, HI, ID, MT, NM, OR, UT, WA, WY
  • Valid Driver's License with acceptable motor vehicle report
  • Must be legally authorized to work in the United States

Salary Range: $60,000-$90,000, commensurate with experience.

Benefits:

  • Competitive salary and benefits
  • Paid vacation and 12 paid holidays a year
  • Health, dental, and vision insurance
  • Company paid life insurance - 2x annual earnings
  • Old Republic 401(k) Savings and Profit Sharing Plan
  • Education and training opportunities
  • Insurance designations encouraged with financial assistance available
  • Daily two-hour flexible start and end time for 7.5-hour workday
  • Employee Fitness Program