Construction Liability Claims Adjuster

Company Details Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following market segments: Construction, Specialty Casualty, & Professional Liability. We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve. Manage litigation by assigning counsel from the approved panel where applicable, establishing litigation plans and budgets, coordinating with defense counsel, and continuously reviewing the potential for resolution

Establish timely reserves within authority and re-evaluate throughout the life of the claim

Maintain an active diary and productive file inventory

Develop and maintain positive customer relationships and provide superior customer service

Timely identify all potential opportunities for co-insurance, transfer of risk, and/or subrogation

Work with designated assigned accounts

Recognize and investigate fraud

Adhere to all statutory regulations, Unfair Claims Practices acts, and corporate Best Practices

Serve as mentor for claims associates and provide technical advice

Assist management with administrative tasks as needed

Eight (8) or more years of claims handling experience or equivalent experience

In-depth knowledge of the insurance industry, including legal and regulatory environments

Specific knowledge and expertise in New York Labor law and construction-related claims (preferred)

Four (4) year college degree, or commensurate experience and training

New York adjuster’s license a plus

The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:

the skills, education, the training, credentials and experience of the candidate; This role is eligible to participate in the annual discretionary bonus program.

Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

J-18808-Ljbffr Vela Insurance Service