Claims Examiner I

Millennial Specialty Insurance, LLC is one of the largest non-carrier-affiliated Managing General Agencies (MGAs) in the United States. Combining expert underwriting with industry-leading technology, MSI creates a superior insurance experience for carriers, distribution partners, and customers. MSI collaborates with insurance carriers to design and distribute products through agents, brokers, and technology partners. Founded in 2015, MSI has grown to offer a wide range of insurance products across commercial, specialty, and personal lines. In 2019, MSI joined BRP Group, Inc. (NASDAQ: BRP).

Primary Responsibilities:

Analyzes insurance policies and other documents to determine insurance coverage.Investigates and analyzes claim information to determine extent of liability.Handles claims 1st Party Property Claims with complex to major severity. Assist in suits, mediations and arbitrations. Works with Counsel in the defense of litigation.Sets timely, adequate reserves in compliance with the company’s reserving philosophy. Engages experts to assist in the evaluation of the claim.Monitors vendor performance and controls expense costs. Evaluates, negotiates and determines settlement values.Communicates with all interested parties throughout the life of the claim. Proactively discusses coverage decisions, the need for additional information, and settlement amounts with interested parties.Handles all claims in accordance with Best Practices. Responsible for monitoring and completing assigned claims inventory.Acquire and maintain a state adjuster’s license and meet state continuing education requirements.Provides Best-In-Class customer service for insureds and agents.Updates and maintains the claim file. Identifies opportunities for subrogation and ensures recovery interests are protected.Identifies fraud indicators and refers files to SIU for further investigation.Participates in claims audits, internal and external. Provides oversight of TPAs

Education & Experience:

Bachelor’s degree or equivalent work experience1-3 years of claims adjusting experienceCan handle Assignment of Benefits, Public Adjusters, and AttorneysState adjuster licenses preferredXacitmate and/or Symbility experience preferred

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