Claims Representative Trainee

Berkley
Marlborough, MA Full Time
POSTED ON 3/15/2024

Company Details

 

Acadia Insurance is a regional property casualty insurer with offices throughout the Northeast.  As a member of W.R. Berkley Corporation (NYSE: WRB), one of the largest property casualty insurance holding companies in the United States, our financial strength and integrity are two of the main reasons why Independent Agents place business with us.  Acadia is rated A (Superior) by A.M. Best, with an A claim paying ability rating by Standard & Poor’s. 

 

At Acadia, we value our employees, our customers and our communities.  Employees at Acadia are part of a progressive company where everyone can make a difference.  We promote an inclusive environment which encourages continuous learning and the chance to grow and develop. 

 

The company is an equal opportunity employer.

 

Responsibilities

The Claims Representative Trainee is a member of our Insurance Training Program where s/he will learn all aspects of commercial property and casualty insurance.    Upon successful completion of the program s/he will build relationships with our agents and insureds by working with them on investigating, evaluating, reserving, negotiating and resolving casualty claims.  Key functions of the role include but are not limited to:

  • Participate in a four to six-month formal training program to learn fundamentals of property & casualty insurance.
  • Complete work and reading projects and pass required exams.
  • Establish good working relationships with colleagues and management staff.
  • Attain a basic working knowledge of state regulatory requirements for each line of business.
  • Under direct supervision, perform the basic functions of claims adjusting.
  • Participate in job-shadow arrangements in various departments.
  • Participate in agency visitations with Underwriters, Claim Representatives or Loss Control Representatives to begin developing customer contacts.

Qualifications

  • BA/BS degree required.
  • Prior work experience in a professional office environment, and ideally insurance, is ideal.
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. 
  • Ability to write reports, business correspondence, and procedure manuals. 
  • Ability to effectively present information and respond to questions from groups of managers, clients, and customers.
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages.  
  • Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
  • Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
  • Ability to travel both during and after the Training program

Additional Company Details

We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees.

Sponsorship Details

Sponsorship not Offered for this Role

Salary.com Estimation for Claims Representative Trainee in Marlborough, MA
$71,090 to $87,945
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