Total Loss Settlement Adjuster

Summary

Join Snapsheet as a Total Loss Settlement Adjuster and enjoy a remote work environment while settling total loss claims with owners and lienholders. You will secure vehicle releases, negotiate release fees, and relocate salvage, all while mitigating expenses and adhering to state compliance. Responsibilities include processing paperwork, issuing settlement payments, and maintaining a working understanding of estimatics, policy guidelines, and state regulations. You will utilize internal training tools and external resources to document claims, interact with various vendors, and manage virtual relationships with teammates. Snapsheet offers competitive compensation, company training, growth opportunities, and a generous PTO policy.

Requirements

• Must be currently completing total loss settlements with an insurance carrier
• Must have a working understanding or background in estimating and evaluating total losses
• Thorough understanding of UPD estimates, parts costs, total loss classification, and fraud detection
• 2-5 years of Auto Total Loss Settlement experience in the Insurance Industry
• Extensive knowledge of Automobile Total Loss Conditioning and Optioning processes
• Thorough understanding of automobile terminology and vehicle construction
• Working experience of estimating platforms: Mitchell UltraMate, CCC One and/or Audatex
• Excellent verbal and written communication skills
• Detail-oriented and organized, with a commitment to delivering accurate and timely results
• Excellent negotiation and communication skills to interact with customers, shops and vendors remotely
• Team player with positive attitude and ability to work well with others
• Ability to work independently and manage time efficiently in a virtual work environment

Responsibilities

• Settle Total Loss claims with owners and lienholders
• Secure vehicle releases, negotiate release fees, and relocate salvage
• Mitigate expenses for storage, rental, etc, within state compliance
• Process associated paperwork to transfer title and secure salvage returns
• Issue settlement payments to owners and lienholders
• Maintain working understanding of estimatics, policy and carrier guidelines, state and regional regulatory compliance and laws
• Maintain working understanding of Actual Cash Value. Candidates should be able to confidently speak to options, condition ratings, unrelated prior damage, refurbishments, comparable vehicles and market availability to negotiate settlement agreement
• Utilize internal training tools and external resources to clearly document every claim with high attention to detail
• Maintain documentation of all interactions with internal and external customers or sources
• Work effectively with repair facilities, rental agencies and salvage yards while maintaining a positive and professional demeanor
• Manage and maintain virtual relationships with teammates, managers, and directors while working remotely from home

Benefits

• Work from home
• Competitive compensation
• Company training provided to expand your estimating skillset
• Ability to write claims for multiple carriers and vehicle types
• Growth and advancement opportunities with promotion opportunities quarterly
• Generous Paid Time Off Policy
• 4% match on our 401K
• Medical, dental, and vision coverage