Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Claims Specialist, Financial Lines

Westfield

Job Description

Duties and Responsibilities:
  • Directly handle, manage and/or oversee commercial and financial lines Public and Private D&O, Financial Institutions E&O, EPL, Fiduciary and Crime/Fidelity claims.
  • Handle claims in accordance with Claim Handling Best Practices in all phases of the claim including through initial contact, investigation of the claim, evaluation the claim for coverage and reserving for exposure, and in the resolution and documentation of claims.
  • Provide top-notch customer service through all interactions and communications including with internal and external customers and business partners.
  • Review and evaluation of policies to determine coverage.
  • Resolve coverage-related matters working collaboratively with outside counsel when necessary.
  • Complete written reports and present claims to management, underwriting, actuary and reinsurers on claim developments as needed.
  • Adhere to all statutory regulations and Unfair Claims Practices Acts.
  • Consistently communicate claim developments, exposure analyses and requests for authority to claims management.
  • Participate in mediations, settlement conferences and otherwise see claims through to resolution.
  • Work closely with underwriting and other business partners to review, analyze, and communicate claim trends and help develop policy language.
  • Along with underwriting, attend current and prospective meetings with insureds and brokers.
  • Work with and manage outside vendors, including outside attorneys to manage budgets and oversee litigation.
Qualifications:
  • Minimum of 1 to 3 years' experience at either a specialty insurance carrier and/or law firm.
  • Entry level experience in public/private D&O, E&O or EPL.
  • Bachelor's degree and Juris Doctor from an accredited law school required.
  • Candidates will be required to obtain and maintain insurance adjuster licenses.
  • Excellent written communication skills.
  • Excellent verbal and interpersonal communication skills, resulting in the ability to interact with all levels of management and employee population.
  • Strong analytic, investigative, listening and negotiation skills.
  • Experience multi-tasking, prioritizing work and working effectively in a team environment, while maintaining attention to detail.
  • Experience working in a fast-paced environment, completing work with limited supervision.
  • Experience with Microsoft Windows, Outlook, and Excel or transferable software packages.
  • Ability and willingness to travel as needed.

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
Vacancy posted 3 days ago
Similar jobs that could be interesting for youBased on the Claims Specialist, Financial Lines in Berkeley Heights, NJ vacancy
  • $130k - $170k

    Creative Solutions Services, LLC is seeking a Claims Specialist (Financial Lines) for a hybrid position in Berkeley Heights, NJ, or NYC. This full-time role involves handling and managing financial lines claims, providing exceptional customer service, and collaborating... 
    Financial
    Full time

    Creative Solutions Services, LLC

    Berkeley Heights, NJ
    3 days ago
  • Westfield-Insurance is seeking a qualified individual to handle commercial and financial lines claims, including Public and Private D&O. Ideal candidates will have 1 to 3 years of relevant experience at an insurance carrier or law firm, along with a bachelor's degree and... 
    Financial

    Westfield-Insurance

    Berkeley Heights, NJ
    1 day ago
  • A prominent insurance company in Berkeley Heights, NJ, is seeking a Claims Specialist to manage various commercial claims. The role includes overseeing financial lines claims and requires excellent communication and negotiation skills. A Bachelor's degree and a Juris Doctor... 
    Financial

    Westfield Insurance

    Berkeley Heights, NJ
    3 days ago
  • A leading specialty insurance company is seeking a candidate to manage financial lines claims, including plastic card fraud and employment practices liability. Candidates should have 1-3 years of experience in a specialty insurance carrier or law firm, a bachelor's degree... 
    Financial

    Westfield Specialty Insurance

    Berkeley Heights, NJ
    1 day ago
  • A national insurance provider is seeking a Claims Adjuster to manage financial lines fraud and theft claims, focusing on customer service and detailed claims handling. Candidates should have a Bachelor's degree and 1-3 years of relevant experience. Strong communication,... 
    Financial

    Ohio Farmers Insurance Company

    Berkeley Heights, NJ
    1 day ago
  • $130k - $170k

    Claims Specialist (Financial Lines) (Full-Time) (Hybrid in NYC and NJ) Location: Hybrid - 4 days onsite and 1 remote day in either Berkeley Heights, NJ, or NYC. Salary: $130K - $170K Base Salary plus Bonus. Must Haves Minimum of 1 to 7 years of experience at either... 
    Financial
    Full time
    Remote work

    Creative Solutions Services, LLC

    Berkeley Heights, NJ
    3 days ago
  • Duties and Responsibilities: Directly handle, manage and/or oversee financial lines plastic card fraud and theft claims; and employment practices liability claims. Handle claims in accordance with Claim Handling Best Practices in all phases of the claim including through... 
    Financial

    Ohio Farmers Insurance Company

    Berkeley Heights, NJ
    13 hours ago
  • A leading insurance provider in New Jersey seeks a claims manager specializing in commercial and financial lines, particularly D&O. The candidate must possess a Bachelor's degree and a Juris Doctor from an accredited law school, alongside 6-10 years of relevant experience... 
    Financial

    Ohio Farmers Insurance Company

    Berkeley Heights, NJ
    3 days ago
  • Westfield-Insurance is looking for a Claims Manager to oversee commercial and financial lines claims, including Public and Private D&O, E&O, and EPL. The role requires 6 to 10 years of relevant experience, a Bachelor's degree, and a Juris Doctor. Skills in written and... 
    Financial

    Westfield-Insurance

    Berkeley Heights, NJ
    3 days ago
  • $33.65 - $38.46 per hour

     ...our customers. Bridge Specialty Group is seeking a Personal Lines Underwriter to join our growing team in Morristown, NJ! The Personal...  .../Rx, Dental, Vision, Life Insurance, Disability Insurance Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition... 
    Financial
    Hourly pay

    Brown & Brown

    Morristown, NJ
    4 days ago
  • $87k - $113k

     ...company with a history of strong, consistent financial performance for nearly 100 years....  ...rating, and coverages related to personal lines products. Conducts multi-state and multi...  ...agency analyst and personal lines marketing specialist to complete thorough reviews of an agent... 
    Financial

    Selective Insurance Company of America

    Short Hills, NJ
    3 days ago
  • $33.65 - $38.46 per hour

    Bridge Specialty Group is seeking a Personal Lines Underwriter to join our growing team in Morristown, NJ. The role reports to a manager...  .../Rx, Dental, Vision, Life Insurance, Disability Insurance. Financial Benefits: ESPP; 401(k); Student Loan Assistance; Tuition Reimbursement... 
    Financial
    Hourly pay

    001 Brown & Brown, Inc

    Convent Station, NJ
    5 days ago
  •  ...directly handle lawyers' and accountant's professional liability claims. What you will do: Be responsible for primary and...  ...over 170-year history, Westfield combined their unprecedented financial strength, a stellar reputation, and ideal market conditions to... 
    Financial
    Remote work
    Weekend work

    Westfield

    Berkeley Heights, NJ
    4 days ago
  • $73k - $146k

     ...trusted global provider of specialty lines insurance and reinsurance. We stand...  ...Liability team is an engaging team handling claims in a variety of financial lines. The strength of our team is...  ...In This Role? Serving as a Claims Specialist focused on Management Liability... 
    Financial
    Work at office
    Shift work
    3 days per week

    Axis Services

    Short Hills, NJ
    1 day ago
  • $88.5k - $154.9k

     ...Claims Specialist – Design Professional Our claims team sets us apart. Our experienced claims professionals...  ...empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty. With an innovative and... 
    Financial
    Immediate start
    Flexible hours

    AXA XL Ltd

    Morristown, NJ
    4 days ago
  • $72.7k - $95.4k

     ...World Insurance Associates (“World”) is a unique financial services organization with a global network of brokers and specialists who empower people to make informed decisions...  ...of insurance coverages for commercial lines Professional Licenses/Certifications  ~... 
    Financial
    Work experience placement
    Work at office

    World Insurance Associates LLC

    Iselin, NJ
    2 days ago
  • $55k - $65k

     ...manage the workflow of underwriting products within the Professional Lines business unit. The ideal candidate should possess 3-5 years of experience in the insurance industry, preferably with Financial Lines products, and demonstrate strong skills in communication and... 
    Financial

    Ascot Group

    Woodbridge, NJ
    2 days ago
  • $75k - $130k

     ...Personal Lines Underwriter At Berkley One, you'll play a pivotal role in evaluating and underwriting new business risks, with a strong emphasis on profitable growth and relationship management. This position involves significant decision-making authority and collaboration... 
    Full time
    Work at office
    Remote work
    Flexible hours
    Night shift

    W. R. Berkley

    Morristown, NJ
    3 days ago
  • $80k - $87.55k

     ...combines the best of humans and high tech to offer multiple financial products and services to millions of businesses and individual...  ...will to win. Job Summary As a NY Workers Compensation Claim Specialist, you will be responsible for working with clients to review... 
    Financial
    Work at office
    Immediate start
    Flexible hours

    Acrisure

    Woodbridge, NJ
    5 days ago
  • A financial services firm is seeking a NY Workers Compensation Claim Specialist responsible for processing insurance claims. This role requires a minimum of 5 years of experience in claims processing, strong analytical skills, and exceptional customer service capabilities... 
    Financial

    Acrisure

    Woodbridge, NJ
    2 days ago
  •  ...Senior Stop Loss Claims & Cost Containment Analyst Join Westfield Specialty's newest team! Westfield Specialty's new A&H team...  ...over 170-year history, Westfield combined their unprecedented financial strength, a stellar reputation, and ideal market conditions to... 
    Financial

    Westfield Insurance

    Berkeley Heights, NJ
    4 days ago
  • $60k - $200k

     ...Commercial Lines Sales Executive (Client Advisor) World Insurance Associates ("World") is a unique financial services organization with a global network of brokers and specialists who empower people to make informed decisions to improve their risk management outcomes... 
    Financial
    Base plus commission
    Immediate start

    World Insurance Company Defunct

    Iselin, NJ
    4 days ago
  • $53.5k - $66.1k

     ...World Insurance Associates (“World”) is a unique financial services organization with a global network of brokers and specialists who empower people to make informed decisions...  ...and casualty products Excess and Surplus Lines marketplace and how to access Commercial... 
    Financial
    Work experience placement
    Work at office

    World Insurance Associates LLC

    Woodbridge, NJ
    1 day ago
  • 001 Brown & Brown, Inc is seeking a Personal Lines Underwriter to join our team in Morristown, NJ. This role requires advanced underwriting expertise and minimal supervision. Responsibilities include reviewing new business applications, assessing risks, and maintaining... 

    001 Brown & Brown, Inc

    Convent Station, NJ
    5 days ago
  • $21 - $26 per hour

     ...Lantern Hill by Erickson Senior Living Join our team as a Line Cook if youre passionate about great food, teamwork, and have culinary...  ...lives by fulfilling our promises of a vibrant lifestyle, financial stability, and focused health and well-being services for those... 
    Financial
    Hourly pay
    Full time
    Local area
    Weekend work
    Afternoon shift

    Lantern Hill by Erickson Senior Living

    New Providence, NJ
    3 days ago
  • $55k - $75k

     ...World Insurance Associates ("World") is a unique financial services organization with a global network of brokers and specialists who empower people to make informed decisions...  ..., and payroll & HR solutions. Personal Lines Inside Sales Representative The Inside Sales... 
    Financial
    Local area

    World Insurance Associates LLC

    Woodbridge, NJ
    1 day ago
  •  ...Associates (“World”) is a unique financial services organization with a...  ...network of brokers and specialists who empower people to make informed...  ...Drives connection with line of business and industry broking...  ...submitting first reports of claims, contract review, policy changes... 
    Financial
    Contract work

    World Insurance Associates LLC

    Woodbridge, NJ
    5 days ago
  • $170k - $250k

     ...The SVP, Sales will partner closely with regional leadership, line-of-business presidents, and national resources to drive growth...  ...available HUB resources, to prospective clients Operational & Financial Leadership Partner with Finance, Operations, and HR to ensure... 
    Financial
    Private practice
    Local area
    Remote work

    HUB International

    Berkeley Heights, NJ
    7 days ago
  • $55k - $75k

    A leading financial services organization in Woodbridge Township is seeking an Inside Sales Representative for Personal Insurance. The role involves generating new business through inbound and outbound sales, managing client interactions, and providing coverage consultations... 
    Financial

    World Insurance Associates LLC

    Woodbridge, NJ
    4 days ago
  • A financial services organization in New Jersey is seeking a Consolidations Broking Associate to coordinate consolidation activities for business retention. Role includes leading coverage consolidation processes and maintaining relationships with underwriters. Candidates... 
    Financial

    World Insurance Associates LLC

    Woodbridge, NJ
    4 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Claims Specialist, Financial Lines. Be the first to apply!