Claims Representative, Auto Physical Damage

Claim

2

Under close supervision, this position is responsible for investigating and evaluating, primarily low to moderate complexity claims, to determine coverage available to policyholders and claimants. This role is responsible for handling 1st and 3rd party Personal Insurance and Business Insurance APD claims. The APD role handles a wide variety of causes of loss. In addition, the role applies policy, legislation and company guidelines to all claims to manage loss costs and customer relations. Occasionally the APD role handles claims with complexities related to unique coverage and/or damage issues. This position does not manage staff.What Will You Do?

• Handling 1st and 3rd party PI and BI APD claims of low to moderate severity and complexity as assigned:
• Making contact with insured within Best Practice guidelines.
• Returning all phone calls and emails within Best Practice guidelines.
• Providing clear explanation of claims process and coverage to all customers.
• Acting as primary contact for customer and as intermediary between customer and other parties.
• Participating in extended hours duties as required.
• Advises underwriting of any information gathered which may affect risk assessment.
• Investigating and evaluating all relevant facts to determine coverage, damages and liability of first-party APD claims under a variety of policies.
• Conducting prompt investigation of coverage and liability.
• Documenting claims files in accordance with Best Practices.
• Managing pending and settles claims within company averages based on type of claim, complexity of claim and geographical area.
• Establishing accurate scope of damages and utilize as a basis for written estimates and/or computer assisted estimates:
• Working diary system to be proactive on files.
• Reviewing and analyzing policy conditions, provisions, exclusions and endorsements pertinent to a variety of APD losses.
• Reviewing amounts on all invoices and all documentation supporting payments.
• Maintaining diary follow up on all files to ensure prompt disposition.
• Ensuring that all claims files and company information are kept confidential.
• Identifying and following up on all salvage and subrogation opportunities promptly.
• Completing a level of investigation that is commensurate with the financial exposure on each loss handled.
• Managing files in accordance with established Best Practices.
• Obtaining and analyzing leases, contracts, by-laws and other relevant documents which may have an impact on the adjustment of losses.
• Establishing timely and accurate claim and expense reserves. Posts all reserves in system within Best Practice guidelines and updates system promptly as new information received:
• Posting all reserves in system within file standards guidelines and updates system promptly as new information received.
• Determining appropriate settlement amount based on independent judgment, computer assisted estimates, estimation of actual cash value and replacement value, appraisals, application of applicable limits and deductibles.
• Explaining payment amounts to all customers by email or letter.
• Referring all files above settlement authority, with recommendations for resolution, toUnit Manager and follows up through closure.
• Negotiating and conveying claim settlements within authority limits to insureds.
• Writing denial letters, Reservation of Rights and other complex correspondence to insureds.
• Controlling damages through proper usage of cost containment tools.
• Meeting all quality standards and expectations per file standard guidelines.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• University Degree/College Diploma or equivalent business experience.
• Enrolment in the CIP program is an asset.
• High proficiency with Windows-based programs including spreadsheet and word-processing applications.
• Strong verbal and written communications skills. Ability to deal with people and communicate effectively by telephone.
• Ability to understand and apply policies and procedures.
• Proficiency in typing.
• Excellent organizational skills with ability to work independently.
• Solid analytical and decision making skills.
• Adjusters license as required, based on business needs.
• Customer service orientation; empathy.
• Demonstrated ownership attitude and customer centric response to all assigned tasks.
• Math skills.
• Excellent negotiation skills.
• Hardware and software skills to utilize and leverage claim and estimating technology.
• In order to perform the essential job functions of this job, acquisition and maintenance of Insurance License(s) may be required to comply with provincial and Travelers requirements. Generally, License(s) are required to be obtained within three months of starting the job.

What is a Must Have?

• A minimum of one year previous work experience.
• Experience utilizing computer technology; such as Microsoft Office, e-mail, Web-enabled applications, and database software required.
• Ability to accurately compute a variety of numerical calculations required.
• Licensing Required: In order to perform the essential job functions of this job, acquisition and maintenance of Insurance License(s) may be required to comply with provincial and Travelers requirements.
• Must secure and maintain company credit card if required.

What Is in It for You?

• Health Insurance: Employees and their eligible family members – including spouses, partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan (“DPSP”). Travelers also matches your savings plan contribution dollar-for-dollar up to 5% of base pay.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off (“PTO”) annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services and other resources to support your daily life needs. Through Life Balance, you’re eligible for free counseling sessions with a licensed therapist.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
• Hybrid Work Arrangement: Employees in this position can split their time between working from home and a Travelers office.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. 

We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.