Claims Executive

GenStar Insurance Services, LLC; Chicago (IL); Hybrid; USD 106,000 - 178,000; Full time

Job summary

GenStar Insurance Services, LLC is seeking a Claims Executive based in Atlanta, GA, Chicago, IL or Stamford, CT. This hybrid role requires 3 days in the office weekly and travel as needed.

The Claims Executive will manage litigated and non-litigated casualty claims from inception to closure, delivering high-level handling and guidance to clients and insureds. Responsibilities include setting reserves, reporting to management, maintaining licenses/CE, and adhering to industry standards.

Qualifications

• Minimum 7 years of insurance technical claim handling experience.
• Strong verbal and written communication, time management, and analytical skills.
• Willingness to travel as required.
• Maintain adjuster licenses and continuing education requirements.

Responsibilities

• Handle litigated and non-litigated casualty claims from inception to closure.
• Mitigate losses, address coverage issues, and provide guidance to clients and insureds.
• Properly set reserves to mitigate exposures and track claims progress.
• Prepare prompt, thorough reports for clients, insureds, and management.

Skills

Verbal and written communications

Time management

Claims judgement

Business acumen

Organizational skills

Interpersonal skills

Analytical skills

Education

Industry designations/course work

Job description

GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitted) and General Star National Insurance Company (admitted) paper (collectively, the GenStar companies). The GenStar companies conduct business through a select group of wholesale brokers, managing general underwriters (MGUs), and program administrators in the United States. The GenStar companies are members of the Berkshire Hathaway Family of Companies.

GenStar currently offers an excellent opportunity for Claims Executive based in our Atlanta, GA, Chicago, IL or Stamford, CT office. This is a hybrid role with 3 days a week in the office.

Role Description

The Claims Executive is responsible for handling litigated and non-litigated casualty claims from inception to closure in accordance with the Company’s and the Industry’s best claims practices.

Responsibilities:

• The Claim Executive will be responsible for providing high level technical claim handling and support to GenStar clients and insureds. Specifically, the Claim Executive mitigates losses, addresses and resolves coverage issues and when appropriate, provides guidance and advice to internal and external clients and insureds.
• The Claim Executive handles all claims in a proactive manner properly addressing all coverage issues, liability and damages to timely set reserves and mitigate the exposures.
• The Claim Executive prepares prompt, thorough and articulate reports for clients, insureds and management and provides GenStar underwriters with valuable client information and intelligence.
• The Claim Executive maintains adjuster licenses where required, is current with all continuing education requirements and attends internal and external industry-related educational programs.
• The Claim Executive adheres to the Company’s technical and administrative standards/guidelines and remains current on industry standards/guidelines and legal decisions that impact claim handling and exposures.
• The Claim Executive attends settlement conferences and/or mediations, ADR (Alternative Dispute Resolutions) and trials as warranted.
• The Claim Executive is expected to travel as necessary and as required by the Company.

Role Qualifications and Experience

• A minimum of 7 years insurance technical claim handling experience.
• Demonstrates excellence in:
• Verbal and written communications;
• Time management;
• Claims judgement;
• Business acumen;
• Organizational skills;
• Interpersonal skills; and
• Analytical skills.

• Industry designations/course work a plus

Salary Range

106,000.00 - 178,000.00 USD

The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.

Our Address

400 Atlantic Street, 9th Floor

Stamford, CT 06901 (US)

At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability, marital status, liability for service in the armed forces, veterans’ status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.