Claims Examiner, General Liability

McNeil & Co.; Morristown (NJ); On-site; USD 80,000 - 124,000; Full time

Benefits offered by this job

Medical plans

401k with matching

PTO 20 days+

12 paid holidays

Life and AD&D Insurance

Parental Leave

Student Loan Assistance

Job summary

Arch Insurance Group Inc. in Morristown, NJ seeks a Claims Examiner, Casualty to manage commercial general liability claims, including excess and umbrella policies, across the United States.

In this role you identify coverage issues, coordinate with carriers and counsel, analyze risk, and help determine reserves while traveling for mediations and trials when needed.

Qualifications

• 3–5 years working with primary or excess casualty claims.
• Active adjuster licensing in all applicable states.
• Experience with coverage issues and settlements.

Responsibilities

• Identify and assess coverage issues, draft letters, and retain counsel when needed.
• Develop strategy related to coverage issues aligned with matter goals.
• Implement timely resolution strategies to mitigate indemnity and expense exposure.
• Coordinate with carriers, underwriters, counsel, and brokers on developments.
• Investigate claims and review insureds' materials and documents.
• Review statutes and case law by jurisdiction and analyze rulings.
• Review litigation materials including depositions and expert reports.
• Direct risk transfer, additional insured, and indemnity issues.
• Retain and direct counsel according to resolution strategy.
• Assess reserves and present analyses to senior management.
• Travel for mediations, trials, and other proceedings as needed.
• Negotiate resolutions and manage diary of all claims.
• Respond expeditiously to inquiries from insured, counsel, and management.

Skills

Communication

Time management

Strategic thinking

Independent work

MS Excel

Education

Bachelor's degree

Active adjuster licensing

Tools

Microsoft Excel

PowerPoint

Word

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Role Summary

Arch Insurance Group Inc., AIGI, has an opening with the Claims Division on the Mid Corp Casualty Team as a Claims Examiner, Casualty. In this role, the responsibilities include actively managing commercial general liability claims for medium severity, and general liability, as well as the associated excess and umbrella policies, in jurisdictions throughout the United States.

Responsibilities

• Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel, when necessary, as well as review coverage counsel's opinion letters and analysis
• Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care
• Develop and implement timely and accurate resolution strategies to ensure mitigation of indemnity and expense exposures
• Maintain contact with any/all associated claims carrier(s)' claims staff, business line leader, underwriter, defense counsel, program manager, and broker to communicate developments and outcomes as necessary
• Investigate claims and review the insureds' materials, pleadings, and other relevant documents
• Identify and review each jurisdiction's applicable statutes, rules, and case law
• Review litigation materials including depositions and expert's reports
• Analyze and direct risk transfer, additional insured issues, and contractual indemnity issues
• Retain counsel when necessary and direct counsel in accordance with resolution strategy
• Analyze coverage, liability and damages for purposes of assessing and recommending reserves
• Prepare and present written/oral reports to senior management setting forth all issues influencing evaluations and recommending reserves
• Travel to and from locations within the United States to attend mediations, trials, and other proceedings relevant to the resolution of the matter
• Negotiate resolution of claims
• Select and utilize structure brokers
• Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to inquiries from the insured, counsel, underwriters, brokers, and senior management regarding claims

Experience & Required Skills

• Exceptional communication (written and verbal), evaluating, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines
• Strong time management and organizational skills
• Demonstrated ability to take part in active strategic discussions
• Demonstrated ability to work well independently and in a team environment
• Hands‑on experience and strong aptitude with Microsoft Excel, PowerPoint and Word
• Willing and able to travel 10%

Education

Bachelor's degree required. Three to five (3-5) years of working experience with a primary and or excess carrier supporting commercial accounts for Casualty claims; with Casualty and Construction a plus Proper & active adjuster licensing in all applicable states

Salary

• Atlanta: $61,900 - $96,100/year
• Philadelphia/Hartford: $71,900 - $111,700/year
• For Morristown/JC/NYC/Long Island: $79,900 - $124,000/year

Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs.

Benefits

• multiple medical plans plus dental, vision and prescription drug coverage
• a competitive 401k with generous matching
• PTO beginning at 20 days per year
• up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
• basic Life and AD&D Insurance as well as Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance and Tuition Reimbursement
• Backup Child and Elder Care

14400 Arch Insurance Group Inc. Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.