Job Title: Complex Claims Specialist - General Liability (Construction Defect)
Job Responsibilities:
- Strategize and maximize early settlement opportunities for Construction Defect and 3rd Party Property Damage Claims.
- Demonstrate proficient knowledge regarding coverage triggers and time on risk allocation.
- Draft and review coverage analyses.
- Manage and partner with local defense counsel while monitoring litigation.
- Drive litigation best practices to manage deployment and utilization of defense counsel.
- Continually assess exposures and adequacy of claim reserves.
- Demonstrate proficient knowledge regarding theories of liability and state-specific negligence standards.
- Accurately document claim files with all relevant correspondence, documentation, and file notes.
- Demonstrate proficient knowledge of ACV vs RCV property damage assessments.
- Attend mediations and/or settlement conferences where appropriate.
- Identify suspected fraudulent claims and track with the special investigations unit.
- Actively participate in the Claims/UW/Actuarial feedback loop.
- Keep senior claims management adequately and appropriately informed of key issues.
- Liaise directly on a daily basis with insureds and brokers.
Education and Experience Information:
- 10+ years of claims handling experience within General Liability & Bodily Injury.
- A JD from an ABA-accredited law school may be considered as a supplement to claims handling experience.
- Proven ability to positively affect highest severity claims outcomes through investigation, negotiation, and effectively leading litigation.
- Expert knowledge of coverage within the team’s specialty or focus.
- Expert knowledge of litigation process and negotiation skills.
- Proven track record of mentoring others.
- Excellent verbal and written communication skills.
- Advanced analytical skills.
- degree from an accredited College or University preferred.
Salary Information:
- Salary range: $115, - $125,
- Competitive salary and bonus based on personal and company performance.
Additional Benefits:
- Comprehensive health insurance, vision, dental, and FSA.
- 401(k) with competitive company matching.
- 24 paid time off days plus 2 additional company days.
- Ability to purchase 5 additional PTO days.
- 10 paid holidays.
- Paid sabbaticals after 5 years of service.
- Dynamic, creative, and values-driven culture.
- Modern and open office spaces with complimentary fruit and drinks.
- Spirit of volunteerism, social responsibility, and community involvement, including matching charitable donations for qualifying non-profits via a sister non-profit company.
- Hybrid work model requiring two days in office weekly.
