[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
- Investigates, and evaluates the loss to determine coverage and claim disposition
- Utilizes CMS to document claims and to diary future events or follow-up
- 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
- Makes recommendations to set reserves at appropriate level for claims outside of authority level
- Prepares comprehensive reports as required. Identifies and communicates specific claim trends and account and/or policy issues to management and underwriting
- Manages the litigation process through the retention of counsel
- Adheres to the line of business litigation guidelines to include budget, bill review and payment
- Pro-actively manages the case resolution process
- Actively participates in mediations and arbitrations, within limit of settlement authority
- Participates in the claims audit process
- Provides claims marketing services by meeting with brokers, risk managers and re-insurers, as necessary
- As required, maintains insurance adjuster licenses
- Skills
- Bachelors' and/or advanced degree
- 5+ years claims/legal experience; or in a related field
- Functional knowledge of claims handling concepts, practices and techniques, to include but not limited to coverage issues, and product line knowledge
- Functional knowledge of law and insurance regulations in various jurisdictions
- Demonstrated strong verbal and written communications skills
- Demonstrated strong negotiation skills
- Benefits
- Flexible Time Off Annual Accrual - days: 20
- Comprehensive benefits
- Workplace flexibility
- Professional development opportunities
- Company Overview
- 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.
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