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 customers to their destinations on time–and we're looking to hire talented folks with a commitment to excellence to make it all possible.

Roles and Responsibilities :

• Conducts thorough investigation of all assigned claims 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.

• Utilizes knowledge, experience and judgement 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.

• 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.

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

• Determines and establishes liability reserves and prepares monthly reports.

Education, Experience, and Qualifications:

• Bachelor's Degree and three (3) years of experience in investigating, evaluating and settling claims.

• 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.

• Investigation skills, negotiation skills, oral and written communication skills, the ability to analyze, summarize, and organize large amounts of information to create concise recommendations and reports.

• Working knowledge of medical and legal terminology.

• Working knowledge of railroad operations desired.

• The ability to work with computer programs and a claims system.

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

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