Senior Claims Specialist
Company | HUB |
---|---|
Location | Burlington, MA, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s, JD |
Experience Level | Senior, Expert or higher |
Requirements
- 10 or more years of industry experience (general liability is helpful for contracts)
- Proficiency with claims reporting, advocacy, status and reserve adjustment concerns
- Proficiency with Microsoft Office Products, specifically with Excel
- Excellent organizational, interpersonal communication skills and ability to work in a team environment
- College degree or commensurate experience
Responsibilities
- Review claim details to identify most applicable policy(ies) for reporting purposes
- Report claim, add to tracking system
- Request copy of all contracts that might apply
- Review contracts for indemnity and subrogation opportunities or obligations
- Review all applicable policies to determine coverage issues, approve defense counsel and vendors and advise insured of policy provisions
- Update tracking spreadsheet, contact adjuster for consent for defense and vendor services
- Provide insured with adjuster contact information
- Update Producer and account team of any claim status, consent for vendors, or issues with counsel, rates or vendors
- Determine appropriate timeline for client and account team updates
- Act as liaison between Client, Insurer and Producer & Account team
- Negotiate coverage and maintain advocacy through resolution of claim
- Establish need for claim reviews between insurer, client and HUB
- Review full contract, identify which party holds the risk exposure and determine whether the risk is shifted to the appropriate party
- Review insurance and indemnification language and work with account team to confirm compliance
- Work with account team to provide client with outline of terms and conditions not in compliance
- Discuss recommendations with client and their counsel
- Conference with other party and their counsel to discuss recommendations
- Provide staff and clients with training and education on claims coverage requirements, issues and policy provisions as well as contractual risk transfer
Preferred Qualifications
- Insurance designation(s) and/or law degree preferred
- P&C (Property & Casualty) Insurance Broker License is encouraged
- Certification in cyber risk claims is encouraged