Claims Specialist

Liberty Mutual Group; Boston (MA); Hybrid; USD 65,000 - 90,000; Full time

Job summary

Liberty Mutual Insurance in the United States is seeking a Claims Specialist to manage an assigned caseload from investigation through resolution. You will decide liability and compensability, evaluate losses, and negotiate settlements while engaging with claimants, policyholders, attorneys and other third parties.

This hybrid role requires a BS/BA or equivalent and at least 2 years in claims. Licenses, ongoing CE, and certifications such as AEI, IIA or CPCU are preferred.

Qualifications

• BS/BA degree or equivalent work experience.
• Minimum 2 years experience in claims adjustment.
• Licenses required for relevant jurisdictions.
• Certifications preferred (AEI, IIA, CPCU).

Responsibilities

• Manages an inventory of claims to evaluate compensability/liability.
• Establishes action plan based on case facts, protocols, and resources.
• Plans and conducts investigations to confirm coverage and determine liability, compensability and damages.
• Assesses policy coverage for submitted claims and notifies the insured of issues; determines and establishes reserve requirements, adjusting reserves as necessary.
• Assesses actual damages and negotiates settlements within approved authority.
• Performs other duties as assigned.
• Experience with bodily injury and commercial claims required.

Skills

Claims adjustment

Insurance knowledge

Communication

Education

BS/BA degree or equivalent work experience

Job description

Description

The Claims Specialist works within a Claims Team, using the latest technology to manage an assigned caseload of routine to moderately complex claims from the investigation of the claim through resolution. This includes making decisions about liability/compensability, evaluating losses, and negotiating settlements. The role interacts with claimants, policyholders, appraisers, attorneys, and other third parties throughout the claim’s management process. The position offers training developed with an emphasis on enhancing skills needed to help provide exceptional service to our customers.

Hybrid Position

Candidates within 50 miles of select offices are expected in office twice a month.

Responsibilities

• Manages an inventory of claims to evaluate compensability/liability.
• Establishes action plan based on case facts, best practices, protocols, regulatory issues and available resources.
• Plans and conducts investigations of claims to confirm coverage and to determine liability, compensability and damages.
• Assesses policy coverage for submitted claims and notifies the insured of any issues; determines and establishes reserve requirements, adjusting reserves, as necessary, during the processing of the claim, refers claims to the subrogation group or Special Investigations Unit as appropriate.
• Assesses actual damages associated with claims and conducts negotiations, within assigned authority limits, to settle claims.
• Performs other duties as assigned.
• Experience with bodily injury and commercial claims required.

Qualifications

• BS/BA degree or equivalent work experience.
• Minimum of 2 years experience in claims adjustment, general insurance or formal claims training.
• Required to obtain and maintain all applicable licenses.
• Continuing education courses leading to industry certifications preferred (e.g., AEI, IIA, CPCU).
• Knowledge of claims investigation techniques, medical terminology and legal aspects of claims.

About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco