Professional Liability Senior Claims Specialist

Professional Liability Senior Claims Specialist

Requirements

• Bachelors’ and/or advanced degree
• J.D. is a plus in combination with claims experience
• 5+ years claims/legal experience; or in a related field
• Complex Commercial Casualty, General Liability and/or Professional Liability claims experience preferred
• Functional knowledge of claims handling concepts, practices and techniques, to include but not limited to coverage issues, and product line knowledge
• Functional knowledge of law and insurance regulations in various jurisdictions
• Demonstrated strong verbal and written communications skills
• Demonstrated strong negotiation skills

Responsibilities

• Analyzes, investigates, and evaluates the loss to determine coverage and claim disposition
• Utilizes Liberty’s claim system to document claims and to diary future events or follow-up
• Within prescribed settlement authority for the line of business, establishes appropriate reserves for both indemnity and expense and reviews on a regular basis to ensure adequacy
• Makes recommendations to set reserves at appropriate level for claims outside of authority level
• Prepares comprehensive reports as required
• Identifies and communicates specific claim trends and account and/or policy issues to management and underwriting
• Manages the litigation process through the retention of counsel
• Adheres to the line of business litigation guidelines to include budget, bill review and payment
• Monitors the case resolution process
• Actively participates in mediations and arbitrations, within limit of settlement authority
• Participates in Claims audit process
• May provide claims marketing services by participating in meetings with brokers, risk managers and reinsurers
• As required, maintains insurance adjuster licenses

Preferred Qualifications

• Complex Commercial Casualty, General Liability and/or Professional Liability claims experience preferred