Claims Associate

Coaction Specialty Insurance Group•Morristown, NJ

3d•$50,000 - $60,000•Hybrid

About The Position

At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients. If you are looking for a career in the insurance industry this could be the right role for you! Coaction is looking for talented and driven candidates who combine strategic thinking, creativity, and pragmatic execution to drive business results. This is an exciting opportunity to join our organization as a Claims Associate. We are looking for motivated individuals who will contribute to our team and perform under strict timelines.

Requirements

Solid planning & organizational skills including time-management and prioritization.
0-2 years of claims handling experience primarily handling general liability claims.
Must be willing to obtain adjuster’s license in all states requiring licensure.
Must be willing to occasionally travel.
This is not a fully remote position. Applicants must sit in our Morristown, NJ office on our hybrid work schedule.

Responsibilities

Provide expert claim handling in areas of coverage, investigation, evaluation, and resolution of complex third-party bodily injury and property damage claims.
Ability to comport with best practices in claims handling by timely investigating and evaluating on liability and damages.
Ability to analyze policies and review relevant contracts to explore risk transfer strategies and priority of coverage.
Draft appropriate coverage position letters.
Set timely indemnity reserves after conducting thorough investigation and evaluation on liability and damages.
Proactive approach towards negotiating claims towards resolution.
Manage expense reserves and engage in resolution strategies to obtain cost effective results.
Provide excellent customer service to insureds and brokers and timely advise underwriting of various losses.
May be called upon to perform other tasks and duties within the claims department as dictated by business needs.