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Full-time
bachelor degree
Retirement and savings plan, 401k employer match up to 5%, Medical insurance, Dental insurance, Vision insurance, Learning & Development program
Posted 2d ago
~40 hrs/week
Responsibilities
Investigate, evaluate, and resolve property damage and bodily injury claims in accordance with insurance contracts and applicable laws. This includes managing case reserves, negotiating settlements, and coordinating with legal counsel for coverage analysis.
Requirements
Requires a bachelor's degree in a related field or equivalent work experience, along with at least three years of related professional experience. Preferred qualifications include knowledge of insurance claim procedures and certifications such as AIC or CPCU.
Full job description
Company:
NICO National Indemnity Company
Want to work for a company with unparalleled financial strength and stability that offers “large company” benefits with an exciting, friendly, and “small company” atmosphere? Our companies, as members of the Berkshire Hathaway group of Insurance Companies, provides opportunities for professionals interested in just that.
A Brief Overview
Investigate, evaluate, provide defense if appropriate, negotiate and resolve assigned property damage and bodily injury claims reported under affiliated Companies' insurance contracts, in accordance with those contracts and applicable law, within documented authority.
What will you do?
CLAIM INVESTIGATION: Investigate assigned claims reported under insurance contracts provided by affiliated Companies, including identification of information and documents needed to evaluate claims, assignment and direction of independent adjusters and review of public and other records and documents. Contact Insureds, Claimants and others by telephone and correspondence regarding information and documents necessary to evaluate and resolve claims, claim processes and related matters, and resolution alternatives. Comply with claims handling laws and regulations. At higher levels, may engage defense counsel as directed and monitor defense of Insureds in consultation with management as necessary or may work directly with internal legal counsel.
COVERAGE ANALYSIS: Identify, evaluate and, in consultation with management as necessary, analyze and determine respective rights and obligations of Company, Insured, Claimants and others under insurance contracts applicable to assigned claims. Comply with laws of applicable jurisdiction. Coordinate with Legal Department on coverage, claims handling compliance, and other legal issues.
LOSS ASSESSMENT: Analyze, evaluate, and estimate liability of Insureds and loss of Claimants/Insureds for assigned claims and identify all potential losses to which Companies’ contracts of insurance apply. Identify and report potential fraud to Special Investigation Unit. Trains on and uses decision theory principles to evaluate various claim settlement scenarios in the settlement process.
CLAIM RESERVING AND SETTLEMENT: Establish and timely modify appropriate case reserve reflecting available information regarding assigned claims. Review and approve or disapprove invoices from independent adjusters and others for allocated loss adjustment expenses. Maintain and timely review diary of assigned claims. Negotiate and resolve assigned claims within established authority or submit authority request and recommend resolution to manager.
COMMUNICATION AND DOCUMENTATION: Prepare and maintain accurate and timely record of communications with Insureds, Claimants, and other third-parties; review, establish and modify appropriate units reflecting potential loss exposures; maintain appropriate Claim File including all required electronic and other records and provide information regarding assigned claims to manager and others as required.
LICENSING: Obtain and maintain all required licenses and certifications; maintain current knowledge of insurance and claim management principles and practices through review of published opinions, trade periodicals and other professional literature and conferences.
Education
Bachelor's Degree in related field or equivalent work experience required.
Experience
Three or more years related work experience.
Preferred Knowledge
Interpretation and application of insurance contracts
Insurance claim procedures, loss evaluation methods and claim resolution alternatives
Insurance related courses such as AIC, CPCU
Required Skills and Abilities
Investigation
Evaluation and analysis
Negotiation
Case management
Time management and prioritization
Excellent oral and written communication, especially with individuals outside the Company
Organize time and resources and handle multiple high priorities
Research and evaluate alternatives, reach decisions, and make recommendations
Maintain strict confidentiality
Meet deadlines
Work with detail with accuracy
Work well with others
We want you to be involved! We offer Employee Resource Groups for volunteering, connecting with others, social gatherings, and professional development. We also regularly seek employees input through companywide surveys.
We care about your health and wellbeing! Our Wellness program is integrated into the Company culture with an online wellness portal that offers a year-round, one-stop-shop to manage and track all areas of health, our Omaha office boasts a complimentary state-of-the-art onsite fitness center, and a robust wellness program.
Benefits, Perks and more! We offer retirement and savings plan with immediate enrollment with 100% employer match up to 5%, Medical, Dental and Vision for regular, full-time employees and eligible dependents, a dedicated Learning & Development program for employees to grow personally and professionally, 100% upfront Educational Reimbursement program, subsidized downtown parking, competitive time off policies including parental leave, an Employee Assistance program and much more!
With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast. Relationships are the cornerstone of our culture, and we believe in doing the right thing. That means we invest in our business in every way possible to deliver on our mission and demonstrate that people are what power our success. Our commitment to financial strength and integrity means our customers can rest assured that we will be there when it counts.
We’d want the same. We have a sense of pride knowing our history of quality and service is acknowledged. We have an enviable record of success in the insurance industry and that is supported by A.M. Best’s highest financial strength rating of A++.
Berkshire Hathaway Homestate Companies (BHHC) began as eight separately managed regional insurance companies across the United States. As originally chartered, each wrote primarily in its own “home state” – with some business in bordering states. The eight companies began as personal lines writers, and each had its local underwriting and management presence in their territories – a core strategy BHHC continues to utilize. Today, BHHC has expanded its footprint nationally, while remaining committed to our heritage of offering the personalized service of a local home state insurance company.
At BHHC we embrace diversity and foster an environment where our people can be their authentic selves. Our differences make us stronger and better together, which fosters a harmonious workplace – something we truly value. Together, we raise the bar by being curious, remaining customer-focused, and operating with integrity.
Offices: Omaha, Nebraska, US
Commercial Auto and Commercial PropertyInsuranceFinancial Services
With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast. Relationships are the cornerstone of our culture, and we believe in doing the right thing. That means we invest in our business in every way possible to deliver on our mission and demonstrate that people are what power our success. Our commitment to financial strength and integrity means our customers can rest assured that we will be there when it counts.
We’d want the same. We have a sense of pride knowing our history of quality and service is acknowledged. We have an enviable record of success in the insurance industry and that is supported by A.M. Best’s highest financial strength rating of A++.
Berkshire Hathaway Homestate Companies (BHHC) began as eight separately managed regional insurance companies across the United States. As originally chartered, each wrote primarily in its own “home state” – with some business in bordering states. The eight companies began as personal lines writers, and each had its local underwriting and management presence in their territories – a core strategy BHHC continues to utilize. Today, BHHC has expanded its footprint nationally, while remaining committed to our heritage of offering the personalized service of a local home state insurance company.
At BHHC we embrace diversity and foster an environment where our people can be their authentic selves. Our differences make us stronger and better together, which fosters a harmonious workplace – something we truly value. Together, we raise the bar by being curious, remaining customer-focused, and operating with integrity.
Offices: Omaha, Nebraska, US
Commercial Auto and Commercial PropertyInsuranceFinancial Services