Summary
Under the direction of the Claims Director and with limited supervision, investigates, evaluates, negotiates, and resolves litigated and non-litigated bodily injury, property damage, personal and advertising injury, and/or professional liability claims of high exposure and complexity.
Description
Summary
Under the direction of the Claims Director and with limited supervision, investigates, evaluates, negotiates, and resolves litigated and non-litigated bodily injury, property damage, personal and advertising injury, and/or professional liability claims of high exposure and complexity.
Essential Functions
- Pursuant to Company business strategies and good faith claims practices:
- Investigate, evaluate, negotiate, and resolve litigated claims of high exposure and complexity
- Interpret coverage to include drafting of comprehensive coverage position letters, assess comparative negligence, evaluate damages, and negotiate settlements with limited supervisor intervention
- Manage litigation by assigning counsel from the approved panel where applicable, establish litigation plan and budget, coordinate with defense counsel, and continuously review the potential for resolution
- Negotiate settlements within the authority limit granted, and attend mediations, Mandatory Settlement Conferences, and/or Alternative Dispute Resolutions
- Review court decisions, law, and coverage interpretations and have a broad knowledge and understanding of the law and claim practices
- Consult with supervisor on more complex coverage and litigated matters
- Establishes and maintains positive relationships with both internal and external customers while providing excellent customer service
- Serve as a mentor for claims associates
- Assist management with other tasks as needed
Job Requirements, Knowledge, Skills And Abilities
- 2 years of college and 4 years of claims handling experience, or
- 6 years of claims handling with litigation experience
- In-depth knowledge of the insurance industry, including legal and regulatory environments
- Must possess strong communication and organization skills and ability to work proficiently with a personal computer
- Demonstrated ability to interact with people in a professional manner, determine coverage, investigate and determine liability needed
- Ability to travel as required to attend meetings or conferences
- Must possess knowledge of Property and Casualty Insurance
Compensation
- Commensurate with experience
- Performance-based incentives
Benefits Package
- 401(k) company match up to 6% eligible upon hire
- Medical, dental & vision, including company paid Life insurance and long-term disability
- Wellness program
- Health care flexible spending accounts
- Paid time off