Senior Claims Specialist (TC)

Finance

Job Description:

Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets our customers to their destinations on time—and we’re looking to hire talented folks with a love of learning to make it all possible.

Summary:

NJ TRANSIT is seeking a Senior Claims Specialist (TC) to conduct thorough investigation of complex high exposure claims and lawsuits by analyzing information and evidence with maximum accuracy and efficiency from all relevant parties, regarding claims and legal actions filed against NJ TRANSIT. Assists defense counsel in all facets of trial preparation to affect a successful resolution of litigated cases.

Roles and Responsibilities:

• Conducts thorough investigation of complex high exposure claims and lawsuits by analyzing information and evidence with maximum accuracy and efficiency from all relevant parties, regarding claims and legal actions filed against NJ TRANSIT.

• Assists defense counsel in all facets of trial preparation to affect a successful resolution of litigated cases.

• Authorizes settlement of claims on a timely basis within established level of authority.

• Receives, organizes and interprets medical and technical documentation. Consults and corresponds with medical and other professionals. Determines and selects appropriate experts, i.e., medical, economists, accident reconstruction specialists, engineers, etc. to provide a cost-effective defense of NJ TRANSIT’s assets.

• Assists Claims Management with reports and projects.

• Utilizes knowledge, experience and judgment to assess the value of the case. Initiates and conducts negotiations with claimant and claimant’s attorney. Develops, reviews and interprets contracts to ensure the assets of NJ TRANSIT are protected and controlled.

• Determines and establishes liability reserves and prepares monthly reports.

• Analyzes, audits and approves payment of medical bills and expenses associated with claims and litigated cases.

Education, Experience and Qualifications:

• Bachelor’s Degree

• Five (5) years of experience in investigating, evaluating, and settling claims

Knowledge and Skills:

• Knowledge of N.J.S.A. Title 59 (New Jersey Tort Claims Act) and/or Federal Employers’ Liability Act (FELA), as well as other applicable laws and insurance procedures related to claims administration.

At NJ TRANSIT you will enjoy a competitive salary and excellent benefit package :

• Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision

• Flexible Spending Account

• Life Insurance

• Paid Leave

• Tuition Assistance

• Pre-Tax Commuter Benefits Plan

• Retirement Plans

• 401(a) - Retirement plan with a 6% employer contribution

• 401(k) - Retirement saving plan with up to an 3% company match

• 457(b) - Deferred Savings Plan

At NJ TRANSIT, diversity and inclusivity are vital to our success as we are committed to hiring individuals from diverse backgrounds, experiences, abilities, and veteran status. As an Equal Opportunity Employer, we encourage all qualified applicants to apply and join our team.

Learn more about NJ TRANSIT! Sign up to receive an invitation to our next live information session at WWW.NJTRANSIT.COM/BEST