Attorney in Rosemont, IL

In-House

Rosemont, IL

Attorney in Rosemont, IL

Non-practicing Attorney

10-10 yrs required

No

Job Title: Claims Manager, Construction

Job Responsibilities:
The Claims Manager, Construction is responsible for overseeing a team of Senior Claims Examiners and Claims Examiners II in handling a variety of low to moderately high exposure construction defect and construction property damage liability claims, both primary and excess. The incumbent will report to the Director of Construction claims and is accountable for conveying the organization's objectives and priorities to the staff while measuring progress towards established goals. Key responsibilities include:

- Confirming coverage of claims by reviewing policies and documents submitted in support of claims.
- Directing and monitoring the assignment of new loss activity for construction defect and construction property damage liability claims.
- Reviewing and approving correspondence and reports, including coverage position letters and Large Loss Reports.
- Reviewing and approving reserves and settlements that exceed the authority of the handling specialist.
- Making recommendations concerning reserve changes to the Director or Senior Management.
- Participating in the review and discussion of large loss activity in the construction book with stakeholders such as Underwriting, Actuarial, and Executive Management.
- Ensuring that the team adheres to Fair Claims Practices regulations and internal performance objectives.
- Assessing and evaluating individual specialist and team performance, providing feedback, and developing training needs.
- Preparing and distributing reports by collecting and summarizing information.
- Assisting in the preparation of budgets, evaluating expenses, and assessing resource needs.
- Fostering and encouraging strong relationships with internal stakeholders like Underwriting and Actuarial departments.
- Promoting and enhancing strong relationships with customers and channel partners.
- Participating in special projects as requested.
- Traveling to other claim offices, mediations, trials, and conferences as required.

Education:
The position requires a Bachelor's degree or equivalent work experience. A JD, advanced degree, or focused technical degree is considered a plus.

Certification:
The candidate must have or be eligible to receive a claims adjuster license. Successful achievement of industry designations such as INS, IEA, AIC, ARM, SCLA, CPCU, or I-Lead or other Management Training is preferred.

Qualifications:
- A minimum of 10 years of claims handling experience or an equivalent combination of education and experience.
- Successful completion of 5 years as a Senior Claims Specialist or Executive Claims Specialist is a plus.
- Excellent written and oral communication skills.
- Strong analytical and problem-solving skills.
- Strong organization and time management skills.
- Ability to deliver outstanding customer service.
- Intermediate skills in Microsoft Office products (Excel, Outlook, PowerPoint, Word).
- Ability to work in a team environment.
- Strong desire for continuous improvement.

Salary Information:
The base salary for this position ranges from $90,500 to $150,900, with a 25% bonus potential. The salary offered will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.

US Work Authorization:
US Work Authorization is required. The company does not provide visa sponsorship for this position, now or in the future.

Company Information:
The company is a Fortune 500 company with over 60 offices in more than 20 countries, acting as a holding company for insurance, reinsurance, specialist advisory, and investment operations worldwide. The company values people, teamwork, and continuous improvement, striving to support employees in living their lives to the fullest both at home and at work.

Benefits:
The company offers competitive benefit programs that cater to the diverse and changing environment and support employees' needs at all stages of life. Full-time employees have options to choose from multiple health, dental, and vision insurance plans, as well as optional life, disability, and AD&D insurance. Additional benefits include a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays, floating holidays, and parental leave.

Equal Opportunity Employer:
The company is an equal opportunity employer and does not discriminate based on any protected characteristic, including race, color, sex, religion, creed, national origin, ancestry, age, disability, sexual orientation, gender identity, genetic information, medical condition, citizenship status, pregnancy, marital status, military or veteran status, personal appearance, political affiliation, or any other classification protected by applicable law.

Caution: Employment Scams
The company is aware of employment-related scams where scammers impersonate recruiters to send fake job offers to steal personal information. Legitimate job postings will be on the company's career page, and communications will come from the company's email addresses. Any employment scams related to the company should be reported to the provided email address.