Claims Processor
CurrentGathering and documenting information from customers regarding a vehicle accident, theft, or damage from fire.Contacting insurance companies to request updates on insurance claim or to open a claim on behalf of a customer.Submitting letter of guarantee to insurance companies after reviewing the final market evaluation report.•Negotiating fair payoff on behalf of the lien holder and customer for vehicles and submitting Gap Claims for customers.•Overseeing the investigation, evaluation of coverage, liability, damages, and resolution of first- and third-party claims.•Reviewing and setting up new loss assignments in a timely manner in compliance with guidelines and best practices.•Analyzing and interpreting policy language along with specific loss facts to reach appropriate coverage decisions.•Drafting frequent and complex coverage correspondence including reservation of rights and coverage disclaimers.•Documenting and preserving all verbal and written communication in the claims system and submitting reports.•Conducting claim investigations, ordering police reports, completing ISO filings, and retaining independent adjusters.•Documenting all claim file activity appropriately and clearly including current strategy, plans of action, and exit plans.•Accurately evaluating and settling claims, recommending settlements, and seeking manager approval when appropriate.•Managing claim files pro-actively from inception to closure including investigation of coverage, liability, and damage.•Responding to inquiries from brokers/agents, insureds, claimants, attorneys, outside business partners and internal staff.•Processing total losses and disposing salvage and pursuing subrogation or contribution opportunities where they exist.•Assigning claims to attorneys, analyzing coverage issues; and preparing reservation of rights or coverage denial letters.•Preparing loss reports, leading claim roundtable discussions, and serving as a technical resource to claims specialists.