Large Loss Specialist - ICAT

    • Broomfield, CO

The Large Loss Claims Specialist assists with the management and adjustment of large and complex claims. Also provides adjustment services on a "fee for services" basis to potential insurance company clients.

Job Responsibilities

  • Manage claims on all ICAT losses in excess of $100K, or smaller complex losses. This includes:
  • Giving direction and guidance to the independent, TPA, Boulder Claims, and ICAT's issuing companies.
  • Generating comprehensive reports on ICAT's large and complex claims
  • Assisting with negotiation or settlement of claims including: attendance at mediations, arbitrations, appraisals and other legal hearings and proceedings
  • Adjusting the large or complex claims.
  • Adjustment Services
  • Solicit adjusting assignments from "other" potential clients where appropriate.
  • Claims Department Administration
  • Provide ICAT training to TPAs, adjustment companies, and adjusters.
  • Assist with auditing TPAs and adjustment companies.
  • Assist with due diligence on prospective TPAs and adjustment firms.
  • Assist VP of Claims in the development and execution of the Claims Business Plan.
  • Develop and manage projects. Responsible for defining project scope, resources and achieving deliverables on time and within budget.


Qualification:
  • 10+ years claims adjusting experience
  • Field work and large loss experience a plus
  • Xatimate experience a nice to have
  • Strong communication, written and verbal needed in this role
  • Solid MS office experience required
  • Travel - 25-50% required


Founded in 1998 and based in Broomfield, Colorado, ICAT is a leading provider of property insurance protection to homeowners and businesses located in hurricane- and earthquake-exposed regions of the United States. ICAT draws from highly specialized underwriting expertise and advanced technology tools to offer brokers and their clients market-leading catastrophe coverage. Along with its subsidiary, Boulder Claims, ICAT's inherent promise to policyholders is to assist people and businesses as they recover from disasters. ICAT programs currently protect over 85,000 homeowners and business owners in catastrophe-exposed regions of the US.


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