Summary
Overview
Work History
Education
Skills
Licenses Interests Skills
Timeline
Generic
Velimir " Bacho"  Savić

Velimir " Bacho" Savić

La Grange Park,IL

Summary

Experienced insurance professional with 15-year career assessing properties, determining liabilities and negotiating settlements. Detail-oriented, observant and knowledgeable with excellent interpersonal and documentation skills. Efficiently handle high case volumes with accuracy and care.

Overview

15
15
years of professional experience

Work History

Commercial Property General Adjuster

Sedgwick Inc.
New York, NY / Naperville, IL
08.2009 - Current
  • Investigated insurance claims in variety of settings, such as retail establishments, private or public office buildings, commercial habilitation, hospitality, corporate facilities, transportation sites, manufacturing sites, governmental facilities, schools, clinics, or hospitals; assess loss or damage resulting from various events including, but not limited to, inclement or catastrophic weather, earthquakes, fire, vandalism, or accidents
  • Resolved complex commercial property losses generally in excess of $500,000 by investigating damages, negotiating adjustment of losses with corporate management, brokerage personnel, attorneys, accountants, or public adjusters representing the Insured; presents evidence in legal proceedings
  • Negotiated settlements with Insureds in accordance with recommended best practices
  • Assisted in TPA’s work with clients such as Assured World Assurance Company, AmeriTrust Group, Underwriters of London etc
  • Examined claim forms, policies and endorsements, client instructions and other records to determine coverage
  • Set loss reserves and control claim costs
  • Prepared reports by collecting and summarizing information required by client, local, state and federal government and by Sedgwick Inc
  • Managed preferred vendors, which includes driving continuous quality improvement
  • Communicated adjustment recommendations to appropriate parties after determining liability
  • Maintained company reputation and insurance product integrity by complying with federal and state regulations and corporate quality standards
  • Maintained professional and technical knowledge through continuing education
  • Participated in special projects or performs duties in other areas as requested and make sales calls and presentations.

Education

Bachelors in Business Administration - Finance

Loyola University Chicago
12.2006

Skills

  • Policy Interpretation
  • Technical knowledge
  • Damage Assessment
  • Property adjusting
  • Risk Assessment
  • Claims Processing
  • Coverage assessments
  • Report Writing
  • Allocating claims
  • Quality Control
  • Best Practices Implementation

Licenses Interests Skills

Assisted in MTA Sandy claim, various Turner Construction Builders’ risk projects, TGM, Yeshiva University claims, 2010 San Bruno CA Pipe Explosion, 2011 Tornado related claims in AL, TN & KS, 2012 Sandy related claims, Northern Trust Merritt Awards: April 2008, December 2008, MS Office, Excel, Word, Access, Lotus Notes, Xactimate, New York General Adjuster’s License, Texas General Adjuster’s License, Insurance, Real Estate market, Archeology, History, Very strong work ethic, sense of self-motivation, entrepreneurial spirit, well-developed ability to work with others.

Timeline

Commercial Property General Adjuster

Sedgwick Inc.
08.2009 - Current

Bachelors in Business Administration - Finance

Loyola University Chicago
Velimir " Bacho" Savić