Claims Adjuster
Claims, Other Careers Job ID 2023-13265 Primary Location: Park Ridge, Illinois 05/24/2023More information about this job:
Overview:
FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.
FM Global has an immediate opening for a claims adjuster, preferably with a commercial property claims and/or engineering background to work in the Chicago Operations Claims office in Park Ridge IL
The Claims Adjuster works alone or with a team in assisting in determining the extent of coverage afforded under the clients’ insurance policies while providing direction and assistance to the client with loss mitigation, salvage, restoration of production, claims preparation and subrogation. In addition, the incumbent retains, manages, and controls internal and external consultants, as needed such as Cause & Origin investigators, Building and Machinery Appraisers, Forensic Accountants to aid in the measurement of the losses.
Responsibilities:
Depending on the experience level, the incumbent is assigned Property Damage and Business Interruption losses, of varying degrees of size and complexity generally in excess of $100,000 and often in excess of $1,000,000 within the Operations geographical area of coverage, or as otherwise directed by the Operations Claims Manager.
An engineering degree (or equivalent experience) is required due to the technical nature of our losses. Project management and technical assessment of critical path is often needed on losses. Jurisdictional licensing may be necessary in some cases. Formalized training, including classroom, office and field-based will be provided.
The position is primarily office based with required field work. The candidate must be willing to travel, sometimes with short notice, and work out of town as needed in order to effectively manage assigned losses. Approximately 10% travel can be expected.
Qualifications:
Education:
Bachelor’s degree in Engineering or other applicable discipline, or equivalent experience.
Experience
2 or more years of commercial property claims experience or field engineering experience preferred
Skills
- An understanding of claims processes and procedures
- Interpersonal skills including negotiating and consulting
- Excellent written and oral communication skills.
- Must be organized and possess ability to make quick and sound recommendations.
The hiring range for this position is $85,300 to $123,300. The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM Global’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
Please note that full vaccination against COVID-19 is a condition of employment with FM Global in the U.S. and a condition of FM Global office entry in Canada. Further, all FM Global visitors, including external candidates interviewing onsite for open positions, are required to be fully vaccinated against COVID-19 and show proof of vaccination.
