Responsible for managing a team of examiners handling excess non-construction claims, overseeing claim resolution, coaching, training, and reporting to senior leadership.
Compensation
The salary range for this position is $91,500.00 - $190,500.00. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.
Responsibilities
Monitor and direct new loss assignments for excess non-construction claims
Confirm coverage of claims by reviewing policies and documents
Review and approve correspondence and reports including coverage position letters and Large Loss Reports
Review and approve reserves and settlements in excess of the authority of the handling examiner
Assess and evaluate individual examiner and team performance, provide feedback, and address training needs
Requirements
Bachelor’s degree or equivalent work experience
JD, advanced degree, or focused technical degree preferred
Provides key support in the handling of claims across multiple lines of coverage, focusing on liability claims and ensuring timely resolution in accordance with company and regulatory guidelines.
Compensation
Competitive salary paired with a comprehensive benefits package
Responsibilities
Review, analyze, and interpret policy conditions, exclusions and endorsements to resolve coverage and liability issues for assigned claims
Prepare reservation of rights letters, nonwaiver agreements, and coverage DISCLAIMERS to address claim coverage issues
Review and evaluate claim reserves to ensure that the respective reserve properly reflects the potential exposure
Investigate claims to evaluate coverage and legal issues, which may include meeting with Insureds and witnesses, and obtaining statements, records, and other evidentiary materials
Provide proper documentation and reporting of investigation and claims handling activities
Senior Claims Representative responsible for handling complex injury, coverage, and litigation claims, conducting investigations, managing subrogation, and ensuring compliance with regulations.
Compensation
The pay range for the role is $76,000 to $119,900. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.
Responsibilities
Determine coverage, conduct investigations, and assess policy obligations for complex injury, coverage, and litigation claims.
Maintain a diary system to ensure each file is reviewed at least every 90 days.
Collaborate with defense counsel and litigation teams on complex and litigated matters.
Prepare 90-day Claim Summary Reports and provide client updates on investigations, settlement opportunities, claim denials, reservation of rights, third-party tenders, and claim review recommendations.
Post loss and expense reserves within authority limits and recommend reserve changes above authority to AVP and/or VP of Claims.
Requirements
Nice to have: third-party administrator (TPA) experience
