Claims Executive

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

Benefits offered by this job

Hybrid work model (3 days in office)

Job summary

GenStar Insurance Services, LLC is seeking a Claims Executive to handle litigated and non-litigated casualty claims from inception to closure in accordance with best practices. The role is based in our offices in Stamford, CT, with optional locations in Atlanta, GA or Chicago, IL and a hybrid schedule requiring three days in the office.

The ideal candidate will have a minimum of seven years of insurance technical claim handling experience and demonstrate excellence in verbal and written

Qualifications

• A minimum of 7 years insurance technical claim handling experience.
• Industry designations/course work a plus

Responsibilities

• The Claim Executive will provide high level technical claim handling and support to GenStar clients and insureds, mitigate losses, address and resolve coverage issues and provide guidance to internal and external clients.
• Handles all claims proactively, addressing coverage, liability and damages to timely set reserves and mitigate exposures.
• Prepares prompt, thorough and articulate reports for clients, insureds and management and provides underwriters with valuable client information.
• Maintains adjuster licenses and keeps continuing education current.
• Travels as required and adheres to guidelines and industry standards.
• Attends settlement conferences, mediations, ADR, and trials as warranted.

Skills

Claims handling

Verbal communication

Written communication

Time management

Claims judgment

Business acumen

Organizational skills

Interpersonal skills

Analytical skills

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:

o Verbal and written communications;

o Time management;

o Claims judgement;

o Business acumen;

o Organizational skills;

o Interpersonal skills; and

o 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.