Claim Specialist - Workers' Compensation

MSIG USA; Georgetown (KY); On-site; USD 65,000 - 90,000; Full time

Job summary

MSIG USA seeks a seasoned claims adjuster to handle assigned claims within delegated limits, conduct thorough investigations, and settle fairly under MSMM guidelines. You will determine coverage issues, manage reserves, and ensure timely, accurate documentation.

Responsibilities include subrogation handling, defense coordination, client interactions, and regulatory reporting. A strong knowledge of claims practice and licensing requirements is essential, with ongoing communication to customers

Qualifications

• High School Diploma or GED required; Bachelor's degree preferred.
• 5+ years of claims experience, including ability to negotiate settlements, verify coverage, set reserves, investigations; litigation experience a plus.
• Licensing in other states that would reciprocate to handling claims in West Virginia.

Responsibilities

• Receives new claim assignments of moderate to complex nature and analyzes the claim to determine required investigation and handling.
• Performs timely investigations including necessary survey arrangements in compliance with jurisdictional requirements.
• Initiates reserve changes within authority and makes recommendations when authority is exceeded.
• Manages and negotiates timely claim payments and settlements in line with policy and procedures.
• Maintains case diary and documentation; completes required claim forms and reports.
• May handle subrogation within delegated limits, including identification of responsible parties and settlement negotiation.
• May assign defense of lawsuits to approved counsel and monitor defense costs.
• Serves customers—insureds, claimants, brokers—per company policy and attends client visits with underwriters.
• Maintains ongoing communication with customers for timely claim status and regulatory compliance.
• Completes data reports to state agencies to ensure regulatory compliance.
• Maintains compliance with Fair Claim Practices Acts and licensing requirements.

Skills

Claims handling

Investigation

Negotiation

Subrogation

Regulatory compliance

Education

High School Diploma

Bachelor's degree preferred

Job description

Company Overview

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Company Overview

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Summary/Job Purpose

This position is responsible to adjust assigned claims within delegated limits of authority, conduct timely and thorough investigations, handle subrogation claims, and complete fair and equitable claim settlements in accordance with MSMM Claim Handling Guidelines and/or requirements of principals regarding TPA business to ensure services are provided in a fair, equitable and timely manner.

Essential Functions

• Receives new claim assignments of a moderate to complex nature and analyzes the nature of the claim to determine required investigation and handling. Determines and identifies indemnity issues or questions of coverage in accordance with MSMM Claims Handling Guidelines and/or requirements of principals regarding TPA business.
• Performs timely and thorough investigations including necessary survey arrangement in compliance with all jurisdictional requirements and/or entitlements.
• Conducts an informed case analysis to initiate reserve changes within assigned authority and makes recommendations to supervisor or manager where assigned authority is exceeded.
• Manages, controls and negotiates timely and equitable claim payments and settlements in accordance with jurisdictional and fair claims practice requirements and company policy and procedures. Investigates, evaluates and resolves moderate level claims files.
• Maintains current case diary and ensures retention of appropriate hard copy file documentation. Provides accurate claims system documentation as required by company claim manuals and procedures. Responsible for completion and/or submission of claim forms and reports as required by outside agencies.
• May handle subrogation of claims within delegated limits of authority, including identification of responsible parties, preparation of claim notice, correspondence with carriers, and negotiation of settlement in accordance with MSMM Recovery Procedures.
• May be required to assign the defense of lawsuits to approved defense counsel; directs and monitors quality and performance of defense counsel. Maintains compliance with all requirements of the company’s Litigation Management Program. Reviews and adjusts, where appropriate, fee bills and legal expenses for accuracy and reasonableness.
• Services the claim needs of our customers including insureds, claimants, brokers, etc., in accordance with company policy and procedures, and attends client visitations with underwriters and other parties to conduct presentations and reviews.
• Maintains ongoing communication with all customers throughout the claims process in an effort to provide timely and appropriate claim status as appropriate and/or required by statutory regulations.
• Completes timely and accurate data reports to state reporting agencies to ensured full compliance with MSMM and regulatory requirement.
• Maintains full compliance with all regulatory Fair Claim Practices Acts and state and federal regulations.
• Maintains full compliance with all state licensing and continuing education requirements to ensure current and appropriate filing/standing of all adjuster licenses.

Education And Experience Required

• High School Degree or G.E.D. is required. Bachelor's degree (B. A.) is preferred.
• 5+ years of claims experience, including ability to successfully negotiate settlements, verify coverage, appropriately set reserves, successfully complete investigations and understand rules associated with state regulations. Litigation experience is a plus.
• Licensing in other states that would reciprocate to handling claims in West Virginia

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!

It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.