Claims Advocate (Hybrid) at Acrisure

Boulder, Colorado, United States

Acrisure Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, FintechIndustries

Requirements

  • Active P&A License Required

Responsibilities

  • Assists clients of the agency in reporting and monitoring of Commercial & Personal lines claims
  • Takes initial loss notice and gets loss notice to the appropriate insurance company
  • Communicates with insured on adjuster assignment
  • Tracks claims payments and follows the claim until closed by the insurance company
  • Conducts initial reviews of claims for any coverage questions
  • Reviews any denial of coverage for accuracy
  • Acts as a liaison between insured and insurance company adjuster
  • Serves as contact for Adjuster and Insured for claims related issues
  • Refers complex coverage questions to Risk Manager
  • Secures loss runs from carriers as requested
  • Prepares claims information for presentations as requested
  • Resolves customer claim issues in coordination with Account Executives and Producers in order to reduce E&O exposure
  • Provides claims packets to customers and prospects as requested
  • Is comfortable reading policy forms, understanding coverage and questioning carriers when necessary
  • Evaluates and challenges claim reserves in accord with industry and claim specific knowledge
  • Cooperates with counsel for suit or trial

Skills

Key technologies and capabilities for this role

Claims ProcessingInsurance ClaimsCommercial LinesPersonal LinesLoss ReportingAdjuster CommunicationCoverage ReviewClaims Tracking

Questions & Answers

Common questions about this position

What is the salary for the Claims Advocate position?

This information is not specified in the job description.

Is this a remote or hybrid role, and what is the location policy?

The position is listed as Onsite, despite the hybrid mention in the job title.

What key skills or qualifications are required for this role?

An Active P&A License is required, along with basic working knowledge of claims principles and practices, the ability to read policy forms, and skills in communicating with clients, carriers, and adjusters.

What is the company culture like at Acrisure’s West Division?

The culture is built on organic partnership, collaboration, trust, and entrepreneurial spirits, stemming from a small group of agency partners focused on client and team interests.

What makes a strong candidate for the Claims Advocate role?

Candidates with an Active P&A License and experience handling claims processes, communicating with insureds and carriers, reading policy forms, and resolving coverage issues will stand out.

Acrisure

Insurance broker specializing in risk management

About Acrisure

Acrisure provides insurance and risk management services through a network of independent insurance agencies known as Agency Partners. This model allows Acrisure to offer tailored solutions to a diverse clientele, including business owners and institutions in sectors like agriculture, arts, and waste management. The Agency Partners maintain local relationships while leveraging Acrisure's global resources, ensuring personalized service. The company generates revenue by earning commissions and fees from insurance policies sold through its partners, fostering a mutually beneficial relationship. Acrisure's goal is to combine local expertise with global capabilities to deliver high-quality insurance solutions.

Grand Rapids, MichiganHeadquarters
2005Year Founded
$19.5MTotal Funding
DEBTCompany Stage
Financial ServicesIndustries
1,001-5,000Employees

Risks

Increased competition from fintech firms may challenge Acrisure's market share.
Rapid expansion could lead to integration risks and cultural clashes.
Strategic alliances may result in conflicts of interest or operational inefficiencies.

Differentiation

Acrisure's unique model leverages a global network of independent Agency Partners.
The company combines local expertise with global resources for tailored client solutions.
Acrisure's rapid growth is driven by strategic partnerships and innovative insurance products.

Upsides

Acrisure's expansion into new markets like Bermuda strengthens its global presence.
The appointment of industry veterans enhances Acrisure's leadership and growth potential.
Winning 'Broker of the Year' boosts Acrisure's reputation and client trust.

Land your dream remote job 3x faster with AI