Senior Claims Specialist
Boost your chances before you apply.
Summit Insurance Group, Inc.
MD
Summary
The Senior Claims Specialist manages a complex inventory of workers' compensation claims, including conducting investigations, determining liability, and negotiating settlements. The role also involves authorizing payments, maintaining detailed claim files, and potentially coaching staff members.
Job Description
Summit provides independent insurance agents and their clients with market-leading workers’ comp insurance and elite customer service. We’re growing and currently serve more than 7,000 independent agents and 31,000 policyholders across the South, Midwest, and Mid-Atlantic.
Our strength comes from a single-minded focus on workers’ comp and a commitment to long-term customer relationships. Summit is who you turn to when you need a specialist who not only knows workers’ comp but also gets to know your business and your priorities.
Our field team members are located in every state in which we operate.
Summit is a member of the Great American Insurance Group where our highest goal is for all employees to feel included, respected, and empowered to perform at their best.
Essential Job Functions and Responsibilities
- Manages a large inventory of highly complex claims to evaluate compensability/liability.
- Strategically orchestrates and leads comprehensive claims investigations to confirm coverage and to determine liability, compensability and damages.
- Analyzes and negotiates appropriate claim settlements/reserves within prescribed authority. May attend arbitrations, mediations, depositions, or trials.
- Conveys highly complex information regarding coverage and settlements to insureds, claimants, and external partners.
- Authorizes payments in accordance with assigned authority limit, ensuring timely disbursement.
- Maintains accurate and detailed claim files, including all correspondence, reports, and settlement agreements.
- May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
- Performs other duties as assigned.
- Preferred jurisdiction knowledge in PA, MD, DC, VA, DE
- This is a field position in Maryland.
#LI-Remote
Job Requirements
Education: Bachelor’s Degree in Business Administration, Risk Management and Insurance, Finance, or a related field or equivalent experience.
Experience: Generally, a minimum of 13 years of experience in property and casualty claims handling. Completion of or continuing progress toward a professional designation preferred, such as Associate in Claims (AIC).
Scope of Job/Qualifications: Works at the highest authority limits on assignments of the highest technical complexity and coordination. Excellent analytical, negotiation, and problem-solving skills. Demonstrates expert knowledge of insurance policies, coverage, and claims handling procedures. Maintains and leverages knowledge of industry laws and regulations. Advanced ability to organize and prioritize caseloads, ensuring timely resolution of claims. Excellent interpersonal and communication skills with the ability to build relationships and lead negotiations. Proven ability to handle confidential information with discretion. Recognized as a subject matter expert within the company, potentially operating at a peer level to management.
Company:
SCI Summit Consulting, LLC
Salary Range:
$106,050.00 -$143,850.00
Benefits:
We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.
Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.
*Excludes seasonal employees and interns.
Summit Insurance Group, Inc. is a distinguished and family-run insurance agency with a rich history of excellence, proudly serving our community since 1995. As an award-winning independent insurance agency, we specialize in providing personalized insurance solutions to businesses, families, and individuals.
At Summit Insurance Group, our mission is to safeguard what matters most to our clients by offering comprehensive insurance coverage tailored to their unique needs. We believe in building lasting relationships based on trust, expertise, and exceptional customer service.
Founded
1995
Company size
11-50 employees
Industry
Insurance
Org type
Privately Held
Headquarters
Huntersville, NC
Summit Insurance Group, Inc. is a distinguished and family-run insurance agency with a rich history of excellence, proudly serving our community since 1995. As an award-winning independent insurance agency, we specialize in providing personalized insurance solutions to businesses, families, and individuals.
At Summit Insurance Group, our mission is to safeguard what matters most to our clients by offering comprehensive insurance coverage tailored to their unique needs. We believe in building lasting relationships based on trust, expertise, and exceptional customer service.
Founded
1995
Company size
11-50 employees
Industry
Insurance
Org type
Privately Held
Headquarters
Huntersville, NC