Job Title: Senior Claims Professional
Job Responsibilities:
- Investigate claims and develop resolution strategies, which may involve risk transfer, mediation, and managing litigation.
- Analyze policy language to assess coverage obligations and prepare written coverage determinations, in partnership with coverage counsel as needed.
- Set and manage appropriate reserves by considering coverage, liability, and damages.
- Oversee and coordinate litigation efforts by hiring defense counsel and required experts, and reviewing draft pleadings, litigation plans, budgets, and invoices.
- Maintain electronic claim files by documenting contacts, communications, and claim transactions.
- Deliver exceptional customer service by managing all aspects of claims and interacting professionally with insureds, claimants, and business partners.
- Provide timely updates and respond promptly to inquiries and requests for information.
- Facilitate claims closure and proactive claim handling by collaborating with internal and external business partners to develop and execute a claim resolution strategy.
- Inform leadership of significant risks and losses by projecting exposure and completing loss summaries and similar reports.
- Prepare and present claim status and evaluations to leadership.
- Maintain subject matter expertise and ensure compliance with state/local regulatory requirements.
- Prepare reports for management, clients, and other designated recipients, requiring strong writing skills.
- Potentially represent the organization in mediations, court proceedings, and other situations, with some travel required.
Education and Experience Information:
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- Proficiency in Microsoft Office (Word, Excel, Outlook, MS Teams)
- Minimum of 8 years of experience in insurance or equivalent roles
Salary Information:
- The salary range for this role is $79,500 to $97,000 per year.
- This position is also eligible for a bonus.
- A comprehensive benefits package is offered, including paid time off, medical/dental/vision insurance, a 401(k) program with an employer match, and financial support programs and resources, such as Life Insurance, Flexible Spending Accounts, Long Term Disability, and an Employee Assistance Program (EAP).
What We Offer:
At the law firm, the rewards package is designed to extend beyond a basic salary, ensuring that each team member feels valued and duly rewarded throughout their tenure. New members have the opportunity to select from a diverse array of benefits, tailoring a package that aligns with their individual needs and those of their family. The firm also offers a variety of flexible benefits and robust well-being programs.
The recruitment process is designed to be fair and engaging, including comprehensive interviews and potentially a written assessment, assessment day, or presentation. The aim is to create a positive experience for all candidates, offering adjustments or additional support as needed.
About Us:
The law firm is a global legal business offering Complex, Managed, and Connected Services. The firm empowers individuals to be themselves in an inclusive and supportive environment, enabling everyone to achieve their full potential in line with their abilities and career aspirations.
