Complex Claim Specialist, New York Labor Law

AmTrust Financial Services Inc.; New York (NY); On-site; USD 135,000 - 165,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance, including eligible Sp.

Health Care Flexible Spending

Dependent Care

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services is seeking a Complex General Liability Claims Specialist to support the New York Labor Law team. You will evaluate coverage issues, manage reserves, and ensure thorough investigations with expert support and counsel when needed.

The role requires seven years of experience in complex GL claims, NY Labor Law expertise, and strong communication and negotiation skills. Travel may be required for mediations, trials, and related meetings.

Qualifications

• Bachelor’s degree or equivalent experience in insurance claims management or related field.
• Minimum of seven (7) years’ experience in handling or litigating complex commercial general liability claims.
• Strong experience in handling New York Labor Law claims highly preferred.
• Strong experience in handling Employers Liability/Workers Compensation 1B claims highly preferred.
• Proficient computer skills required to navigate our paperless claim file system.
• Possesses a high level of technical claim and legal knowledge and skills.
• Excellent communication skills both written and oral.
• Ability to professionally interact at a high level with parties both internal and external to AmTrust.
• Easily adapts to changing situations requirements or priorities.
• Ability to effectively influence others without damaging relationships.
• Skillful negotiator.
• Home designated home state adjuster license preferred.
• CPCU designation/AIC certification preferred.

Responsibilities

• Identifying potential risks and managing timely reserves effectively
• Evaluating coverage issues and risk transfer opportunities
• Ensuring appropriate investigation of the underlying facts and circumstances is carried out, proper experts are retained and utilized where necessary, selection and utilization of counsel is appropriate, proper negotiation strategy is employed.
• Effectively communicate exposures both internally and externally
• Overall responsibility for formulating proper resolution strategy to ensure best total outcome.
• Position may require periodic travel to attend meditations, trials and / or other related meetings
• Perform other duties as assigned

Skills

Communication

Negotiation

Influence

Professional interaction

Education

Bachelor’s degree in insurance claims management or related field

CPCU / AIC designation preferred

Home state adjuster license preferred

Job description

Overview

Amtrust Financial Services, a fast-growing commercial insurance company, is seeking a Complex General Liability Claims Specialist to support our New York Labor Law team. The successful candidate will evaluate coverage issues and risk transfer opportunities as well as ensuring appropriate investigation of the underlying facts and circumstances is carried out, proper experts are retained and utilized where necessary, selection and utilization of counsel is appropriate, and proper negotiation strategy is employed. This position reports to a line of business executive.

Responsibilities

• Identifying potential risks and managing timely reserves effectively
• Evaluating coverage issues and risk transfer opportunities
• Ensuring appropriate investigation of the underlying facts and circumstances is carried out, proper experts are retained and utilized where necessary, selection and utilization of counsel is appropriate, proper negotiation strategy is employed.
• Effectively communicate exposures both internally and externally
• Overall responsibility for formulating proper resolution strategy to ensure best total outcome.
• Position may require periodic travel to attend meditations, trials and / or other related meetings
• Perform other duties as assigned

Qualifications

• Bachelor’s degree or equivalent experience in insurance claims management or related field.
• Minimum of seven (7) years’ experience in the handling or litigating of complex commercial general liability claims.
• Strong experience in handling New York Labor Law claims highly preferred.
• Strong experience in handling Employers Liability/Workers Compensation 1B claims highly preferred.
• Proficient computer skills required to navigate our paperless claim file system.
• Possesses a high level of technical claim and legal knowledge and skills.
• Excellent communication skills both written and oral.
• Ability to professionally interact at a high level with parties both internal and external to AmTrust.
• Easily adapts to changing situations requirements or priorities.
• Ability to effectively influence others without damaging relationships.
• Skillful negotiator.
• Home designated home state adjuster license preferred.
• CPCU designation/AIC certification preferred.

The expected salary range for this role is $135K-$165K/year.

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.