Claims Executive - GenStar

Gen Re Group; Stamford (CT); On-site; USD 106,000 - 178,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision coverage

Retirement plan

Paid time off

Holidays

Job summary

GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance.

The Claims Executive role is based in Stamford, CT, with a hybrid schedule (3 days in the office) and requires strong technical claims handling experience. You will manage litigated and non-litigated claims from inception to closure, ensuring timely reserves and clear client communication.

Qualifications

• Minimum of 7 years insurance technical claim handling experience.
• Undergraduate college degree.
• Verbal and written communications.
• Time management.
• Claims judgement.
• Interpersonal skills.

Responsibilities

• Handle litigated and non-litigated casualty claims from inception to closure.
• Mitigate losses and resolve coverage issues.
• Prepare reports for clients, insureds and management.
• Attend settlement conferences, mediations, or trials as needed.
• Travel as necessary and as required by the Company.

Skills

Verbal communications

Written communications

Time management

Claims judgement

Business acumen

Organizational skills

Interpersonal skills

Analytical skills

Education

Undergraduate degree

Job description

Shape Your Future With Us

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 - GenStar based in Stamford, CT, Atlanta, GA or Chicago, IL office. This is a hybrid role with 3 days a week in the office.

Role Description

The Claim 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.

• 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.

Undergraduate college degree.

• 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

Base pay is one component of our total compensation package. In addition to base salary, employees may be eligible for benefits including medical, dental, and vision coverage, a retirement plan, paid time off, sick leave, holidays, and bonus or incentive compensation, where applicable. The actual rate of pay offered will depend on a variety of factors, including, but not limited to, skills, experience, education, certifications, geographic location, and business needs. The compensation range listed reflects the range the Company reasonably expects to pay for this position at the time of posting.

Our Corporate Headquarters Address

General Reinsurance Corporation
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's 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.