Claims Specialist Iii Property Large Loss

Profile

Claims Specialist III, Property Large Loss

The candidate will handle all assigned claims promptly and effectively, with little direction and oversight, which may include complicated and catastrophic losses. Makes decisions within delegated authority, and recommends settlement values in the disposition of claims as outlined in company policies and procedures. Will accurately pay claims based on policy provisions, state mandates and/or fee schedules. Determines proper policy coverages and applies standard methodologies to conclude assigned cases according to company guidelines. Adheres to high standards of professional conduct while delivering outstanding service. Opens closes and adjusts reserves according to company practices to ensure reserve adequacy. Maintains knowledge of court decisions that may affect the claim's function; current principles and practices; innovations; and policy changes and modifications. May be required to maintain knowledge of other functions within the assigned subject area. This may require attending various seminars or training sessions. Maintains current knowledge of local industry repair procedures and local market pricing. Able to act as Claims Manager. Mentors and provides leadership to less experienced claims associates. Provides one-on-one training and assists with training/presentations as assigned by claims management. Creates and analyzes severe incident reports, reinsurance reports and other information for the corporate office claims management and underwriting. Partners with Special Investigation Unit and Subrogation to identify fraud and subrogation opportunities. Assist general counsel to prepare files for suit, trial or subrogation. Consults claims staff and defense counsel for discovery processes and lawsuit file/trial strategy on case-specific issues. Initiates and conducts follow-ups through proficient use of the claims and other related business systems. Delivers an outstanding customer service experience to all internal, external, current and prospective Nationwide customers. May perform other responsibilities as assigned.

Additional Information

job requisition id 79587

Company info

Nationwide Mutual Insurance Company.
8009 34th Avenue S Suite 1440
Minneapolis
Minnesota
United States 55425-1795
Website : http://www.nationwide.com