Senior Claims Specialist

BITCO Corporation, headquartered in Davenport, IA, is currently seeking a Sr. Claims Specialist to join our branch office located in Lakewood, CO. With 11 branch offices in 10 states, BITCO provides quality insurance services to specialized industries including construction, forest products and oil & gas. This position is eligible for a hybrid work schedule with required business travel to BITCO office locations and customer offices. Position Summary: This position provides key support in the handling and management of claims across multiple lines of coverage, with a focus on Liability (Commercial Auto and General Liability). This includes assessing claim coverage, liability, legal and damage issues, and investigating, evaluating, and effectively resolving all assigned claims in a timely manner according to company and regulatory guidelines. Assisting with and/or handling some first party Commercial property, Auto and Inland Marine claims may be required as needed. Provides a high level of customer service to internal and external business partners. Primary Responsibilities: Review, analyze, and interpret policy conditions, exclusions, and endorsements to resolve coverage and liability issues for assigned claims Prepare reservation of rights letters, nonwaiver agreements, and coverage disclaimers to address claim coverage issues Review and evaluate claim reserves to ensure that the respective reserve properly reflects the potential exposure Investigate claims to evaluate coverage and legal issues, which may include meeting with Insureds and witnesses, and obtaining statements, records, and other evidentiary materials Provide proper documentation and reporting of investigation and claims handling activities Negotiates, including through mediation, arbitration, or other court-supervised settlement efforts, settles, and resolves claims with claimants, insureds, and their lawyers; provides appropriate claims resolution documents Maintain a working knowledge of regulatory and jurisdictional requirements Provides direction to and management of defense counsel, independent adjusters and other third parties retained to assist in a particular claim Identify and pursue (if applicable) risk transfer opportunities This includes, but is not limited to responding to claims by others for defense and indemnity, and/or pursing other parties for same on behalf of BITCO insureds Other duties as assigned Qualifications: Minimum of 5 years of experience with the following: Coverage Review interpreting policies, agreements/contracts, reservation of rights, and disclaimers Claims Investigation Statements, authorizations, retention of qualified experts and counsel Claims Administration Reports, review reserves, compliance knowledge of laws and procedures Claims Settlement Preparation of disclaimer letters, releases, and proof of loss statements; participation in legal court proceedings when necessary Knowledge of coverage, negligence principles, investigation, and negotiation techniques Ability to obtain and maintain state adjusting licenses, as needed Must be service-oriented, with the ability to provide prompt, efficient, and effective claims and customer service Ability to communicate clearly and effectively (via verbal and written communications) with our customers, claimants, opposing counsel, defense counsel, and members of the public Ability to manage and organize a diverse workload and multiple tasks simultaneously Excellent judgement, negotiation, and decision making skills Must be able to travel between different off-site locations or overnight in an expeditious manner Experience in handling liability claims in western states, inclusive of Montana, Wyoming, Colorado, New Mexico, Idaho, Utah, Arizona, California, Washington and Oregon Salary Range: $70,000-$100,000, commensurate with experience Benefits: Competitive salary and benefits Generous Paid time off program which includes 12 paid holidays a year Health, dental, and vision insurance Company paid life insurance 2x annual earnings Old Republic 401(k) Savings and Profit Sharing Plan Education and training opportunities Insurance designations encouraged with financial assistance available Daily two-hour flexible start and end time for 7.5-hour workday Employee Fitness Program

Created: 2026-04-04