[Remote] Senior/Complex Claims Specialist, Financial Lines Management Liability
Note: The job is a remote job and is open to candidates in USA. Liberty Mutual has an immediate opening for a Senior Claims Specialist, Financial Lines Management Liability position. In this role, the Senior Claims Specialist handles a book of Private Company and Not-For-Profit Directors & Officers Liability claims and Employment Practices liability claims throughout the entire claim's life cycle.
Responsibilities
ā¢ Investigates, and evaluates the loss to determine coverage and claim disposition
ā¢ Utilizes CMS to document claims and to diary future events or follow-up
ā¢ Within prescribed settlement authority for line of business, establishes appropriate reserves for both indemnity and expense and reviews on a regular basis to ensure adequacy
ā¢ Makes recommendations to set reserves at appropriate level for claims outside of authority level
ā¢ Prepares comprehensive reports as required. Identifies and communicates specific claim trends and account and/or policy issues to management and underwriting
ā¢ Manages the litigation process through the retention of counsel
ā¢ Adheres to the line of business litigation guidelines to include budget, bill review and payment
ā¢ Pro-actively manages the case resolution process
ā¢ Actively participates in mediations and arbitrations, within limit of settlement authority
ā¢ Participates in the claims audit process
ā¢ Provides claims marketing services by meeting with brokers, risk managers and re-insurers, as necessary
ā¢ As required, maintains insurance adjuster licenses
Skills
ā¢ Bachelors' and/or advanced degree
ā¢ 5+ years claims/legal experience; or in a related field
ā¢ Functional knowledge of claims handling concepts, practices and techniques, to include but not limited to coverage issues, and product line knowledge
ā¢ Functional knowledge of law and insurance regulations in various jurisdictions
ā¢ Demonstrated strong verbal and written communications skills
ā¢ Demonstrated strong negotiation skills
Benefits
ā¢ Flexible Time Off Annual Accrual - days: 20
ā¢ Comprehensive benefits
ā¢ Workplace flexibility
ā¢ Professional development opportunities
Company Overview
ā¢ Liberty Mutual Insurance provides a broad range of insurance products and services. It was founded in 1912, and is headquartered in Boston, Massachusetts, USA, with a workforce of 10001+ employees. Its website is http://www.libertymutualgroup.com.
Apply Now
Apply Now
Responsibilities
ā¢ Investigates, and evaluates the loss to determine coverage and claim disposition
ā¢ Utilizes CMS to document claims and to diary future events or follow-up
ā¢ Within prescribed settlement authority for line of business, establishes appropriate reserves for both indemnity and expense and reviews on a regular basis to ensure adequacy
ā¢ Makes recommendations to set reserves at appropriate level for claims outside of authority level
ā¢ Prepares comprehensive reports as required. Identifies and communicates specific claim trends and account and/or policy issues to management and underwriting
ā¢ Manages the litigation process through the retention of counsel
ā¢ Adheres to the line of business litigation guidelines to include budget, bill review and payment
ā¢ Pro-actively manages the case resolution process
ā¢ Actively participates in mediations and arbitrations, within limit of settlement authority
ā¢ Participates in the claims audit process
ā¢ Provides claims marketing services by meeting with brokers, risk managers and re-insurers, as necessary
ā¢ As required, maintains insurance adjuster licenses
Skills
ā¢ Bachelors' and/or advanced degree
ā¢ 5+ years claims/legal experience; or in a related field
ā¢ Functional knowledge of claims handling concepts, practices and techniques, to include but not limited to coverage issues, and product line knowledge
ā¢ Functional knowledge of law and insurance regulations in various jurisdictions
ā¢ Demonstrated strong verbal and written communications skills
ā¢ Demonstrated strong negotiation skills
Benefits
ā¢ Flexible Time Off Annual Accrual - days: 20
ā¢ Comprehensive benefits
ā¢ Workplace flexibility
ā¢ Professional development opportunities
Company Overview
ā¢ Liberty Mutual Insurance provides a broad range of insurance products and services. It was founded in 1912, and is headquartered in Boston, Massachusetts, USA, with a workforce of 10001+ employees. Its website is http://www.libertymutualgroup.com.
Apply Now
Apply Now