AEGIS Insurance Services, Inc. ( AEGIS ) has an immediate opening for a General Adjuster responsible for managing and adjusting first party property claims of a moderate level of complexity arising under All Risk and Builders Risk coverages for policies of AEGIS Members and/or Policyholders as directed by Claims management. Investigate and adjust assigned claims with a high level of integrity, quality, and technical expertise while ensuring prompt and equitable settlements of claims within the parameters of the Company s policies and guidelines.
Job Requirements:
- Minimum 3 years of experience working in insurance, the energy industry or with large commercial property insurance claims
- Experience with claims adjustment and litigation procedures related to All Risk, Builders Risk, Business Interruption, Extra Expense, Expediting Expense, and/or additional coverages desired
- Experience with renewable energy related claims a plus
- Undergraduate degree; degree in an engineering discipline a plus
- Property Adjuster's License desired
- Insurance designations a plus
- Applied knowledge of the elements of a property claim and related policy coverages
- Working knowledge of the national and international insurance markets, as well, independent adjusting firms, consulting engineers, forensic accounting firms and counsel that specialize in energy claims
- Proficiency with Microsoft Office: Specifically Word and Excel
- Travel required (approximately 25%)
Candidate Attributes:
- Conveys a genuine desire and ability to develop a deeper understanding of insurance and reinsurance industry concepts and practices
- Demonstrates persistence and perseverance in achieving concrete and tangible outcomes by taking action to get optimum results when encountering obstacles or resistance
- Develops and maintains effective working relationships across functional and divisional lines by readily sharing information, knowledge, and resources
- Displays thoroughness and accuracy in quality communications and deliverables through the application of technical skills and industry/product knowledge
- Ethic: Takes ownership for one s responsibilities by acting with integrity and holding oneself accountable to continuous improvement
Essential Job Functions:
Management of Assigned Claims
- Achieve timely and proper coverage verification through analysis and appropriate communication of AEGIS coverage positions on assigned claims within the assigned delegated authority
- Provide recommendations to Claims management on the handling of complex losses and implement actions directed by Claims management
- Achieve timely, accurate, and factual investigation of liability and damages
- Achieve timely and accurate evaluation of liability and damages through reports from independent adjusters
- Conduct or participate in on-site field investigations and inspections, in conjunction with insured s personnel when appropriate
- Ensure equitable claim settlements for AEGIS and its Members and or Policyholders
File Management Documentation
- Achieve timely, appropriate and quality file documentation and reporting to Claims management and reinsurers, as necessary
- Consult with Claims management in the evaluation and management of assigned claims/losses as required by the Case Management Matrix
Reserve and Expense Management
- Establish timely and accurate reserves that reflect AEGIS quota share participation and ultimate probable cost/exposure
- Achieve accurate loss reserves on a timely basis based on industry standards with regard to labor rates and replacement costs
- Effectively manage and control loss adjustment expenses through disciplined vendor management and adherence to Company guidelines on budgeting costs
- Ensure that all financial transactions (e.g. reserves, settlements and payments) for assigned claims are within the designated level of authority, pursuant to the Case Management Matrix
Relationship Management
- Foster and maintain a professional relationship with AEGIS Members and/or Policyholders throughout the claims adjustment process which may include communicating on coverage disputes and/or denials of coverage
- Work closely with the Underwriting and Loss Control divisions on claim matters
- Network with industry experts and stay current with industry changes in technology and federal, state, or local regulations which could impact first party property claims
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EOE
AEGIS Insurance Services, Inc. participates in E-Verify
We expect to pay a starting salary between $60,000 and $96,000. An applicant s placement within this range is based on their individual qualifications and professional experience. In addition to base salary, AEGIS employees are eligible to participate in the Company s annual incentive program, with competitive awards based on corporate and individual performance.
In addition, we offer a comprehensive and competitive suite of options for health, retirement, income protection, wellness, and additional benefits:
- Health: medical and prescription coverage, behavioral health, dental, vision, health savings account (includes a Company contribution), and flexible spending accounts
- Retirement: 401(k) plan that includes matching contributions and an additional Company contribution of 4% (subject to IRS limitations)
- Income Protection: basic and supplemental life insurance, short-term and long-term disability coverages, accident and critical illness insurance
- Wellness: on-site health and fitness center, on-demand fitness and well-being app, and employee assistance program with support on mental health, financial, and legal services
- Additional benefits: commuter benefits that include a transit subsidy from the Company, pet insurance, paid time off (vacation, floating holidays, sick, and Company paid holidays), and a variety of leaves of absence (health, family, and military)
- Educational assistance and learning opportunities
- Hybrid work schedule