• Location:
  Trenton 08640
• Salary/Wage:
  0.00 - 0.00 /year
• Industry:
  Accounting/Finance/Insurance
• Work Experience:
  2+ to 5 Years
• Career Level:
  Experienced (Non-Manager)

• Reference Code:
  7927

CNA has provided essential insurance to businesses for more than 100 years. We are respected worldwide as experts in understanding risks with an innovative portfolio of products and services. CNA products include standard commercial lines, specialty lines, surety, marine and other property-casualty coverages. CNA services include risk management, information services, underwriting, loss control and claims administration. Our comprehensive approach to insurance opens doors to an array of career opportunities. We offer an environment that challenges you to learn, to use your imagination and to gain professional qualifications in a company where you are part of a team pursuing common goals.

FIELD CLAIMS SPECIALIST - COMMERCIAL PROPERTY CLAIMS - NEW JERSEY

CNA Insurance is currently recruiting for an outside claims representative to handle property claims in Central and Southern New Jersey. The person in this position will handle commercial property claims in the $30 - 60,000 range with some slightly higher.
Must be experienced in commercial property claims. Personal lines claims experience such as homeowners or auto will not be considered applicable. Individual will work from home and will be provided  laptop, blackberry, copier/fax/scanner, and office furniture.
We are looking for adjusters who have handled fire, water, and wind damages to commercial buildings. Knowledge of business interruption claims calculation is desired but not required.
A company car will be provided. The individual in this position will handle claims primarily in New Jersey but may occasionally also be asked to handle claims in DE, PA, or MD based on need and castastrophes. Experience with Xactimate is strongly preferred.
Job Summary

Under technical direction, investigates and maintains property claims. Works within specific limits of authority on assignments requiring significant technical complexity and coordination. Utilizing claims policies and guidelines, reviews coverages, determines liability and compensability, secures information, arranges property damage appraisals, and negotiates and settles claims.

Essential Duties & Responsibilities

1. Interprets more complex or unusual policy coverages and determines if coverages apply to claims submitted, escalating issues as needed.
2. Sets reserves and authorizes payment within scope of authority, effectively settling claims in most cost effective manner and ensuring timely issuance of disbursements.
3. Coordinates and performs investigations and evaluates claims and suits through contact with insureds, claimants, witnesses and experts. Identifies files that have potential fraud and refers to SIU.
4. Utilizes negotiation skills to develop complex settlement packages.
5. Identifies claims with third party recovery potential and coordinates with subrogation/salvage unit.
6. Works with attorneys, account representatives, agents, and insureds regarding the handling and/or disposition of more complex claims.
7. Analyzes claims activities and prepares reports for management. May be responsible for special projects and presentations.
8. May update the claims systems.
9. May provide guidance and assistance to other claims staff and functional areas.
10. Keeps current on state/territory regulations and issues as well as industry activity and trends.

May perform additional duties as assigned.
Reporting Relationship

Manager or Director
Skills, Knowledge & Abilities

1. Solid knowledge of claims and insurance industry theory and practices.
2. Demonstrated technical expertise and product specific knowledge.
3. Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
4. Ability to work independently.
5. Strong analytical and problem solving skills.
6. Ability to exercise independent judgement and make critical business decisions effectively.
7. Solid knowledge of Microsoft Office Suite as well as other business-related software.

Education & Experience

1. Bachelor's degree or equivalent experience. Professional designations preferred.
2. Typically a minimum three to five years claims experience. Experience in commercial property claims required. Xactimate experience desired.