Responsibilities:
- Evaluate claims to determine coverage and liability.
- Review claim documentation including warranty terms, vehicle records, policy documents or other artifacts of the process.
- Review policies to determine coverage for various product lines.
- Process claims promptly while ensuring accuracy and audit/legal compliance.
- Communicate with stakeholders to collect necessary claim information.
- Identify and flag potentially fraudulent claims.
- Maintain accurate claim records in Salesforce CRM.
- Work with the team to enhance claims adjudication processes.
- Keep abreast of industry regulations and best practices.
- Document and authorize covered losses based on cost/prices obtained.
- Investigate claims thoroughly and research agreements for claim completion.
- Maintain a high accuracy rate in claims processing.
- Negotiate settlements for complex claims with advanced product knowledge.
- Perform quality assurance activities and provide exceptional customer service.
- Investigate coverage, liability, and damages comprehensively.
- Document damages through photos, inventories, and damage scope.
- Coordinate repairs or replacements with our network.
- Manage claim costs to be within acceptable limits
- Be able to estimate repair/replacement costs and build competitive quote using industry standard tools
Requirements
Qualifications:
- Two years of experience in claims adjudication or a related insurance field,
- Proficiency in Microsoft Office Suite, Salesforce and claims management software.
- Exceptional attention to detail, organizational skills, and the ability to work both independently and collaboratively within a team.
- Excellent communication skills, capable of drafting reports, official correspondence, and addressing complex issues effectively.
- Excellent analytical and problem-solving abilities.
- Experience with multi-tasking and independent decision-making, maintaining confidentiality and data security standards.
- Competency in mathematics, including geometry and financial calculations, is necessary for accurate claims processing and review.
- Ability to engage effectively with a diverse range of individuals and resolve intricate claims-related matters.
- Capable of applying product knowledge to the adjudication process, enhancing the overall quality of claims handling.