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Millennium Insurance CorporationNew
Overview
Receive and review commenced New Home Warranty policies and verify coverage. Explain coverage and the claims process to homeowners and builders. Attend property as needed and provide detailed reports to homeowners and builders concurrently. Set, evaluate, and maintain appropriate reserves. Gather and assess information to make coverage determinations. Investigate losses and collect and review relevant information. Retain and/or coordinate appropriate external resources. Oversee, monitor, and control costs associated with external resources. Subrogate against builder when Millennium has brought in a third-party contractor. Fully document claim files in a clear and concise manner. Collaborate with sales and underwriting. Foster and grow working relationships with contractors and vendors
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Compensation
Salary not listed
Posted
New
Independently manage and resolve Automobile Liability, Commercial General Liability, and Professional Liability claims. Investigate and evaluate casualty claims. Analyze policy coverage, contractual agreements, and endorsements to determine coverage positions and exposure. Assess liability, quantum, and risk to recommend and establish appropriate claim reserves within assigned authority. Negotiate settlements effectively and cost-efficiently while maintaining fair and defensible claim decisions. Interpret and apply relevant legislation, regulatory requirements, and case law applicable to casualty claims. Manage litigated claims, including instructing and collaborating with defence counsel and monitoring legal expenses. Communicate proactively and professionally with insureds, brokers, legal representatives, and other stakeholders. Maintain accurate, organized, and timely claim file documentation in accordance with company standards. Provide high-quality customer service by responding promptly to inquiries and providing regular claim updates. Stay current on industry trends, emerging risks, and best practices within casualty claims management
