Position handles excess severity, which has moderate to high monetary exposure to the company. This includes making coverage determinations, investigating the loss, conducting an independent assessment as to the company's exposure, participate in developing and implementing the most cost effective and timely disposition and litigation plan to ensure the claims closure via settlement or litigation. Position requires travel to attend mediations and trials.
Watch: Career Advice
(1) determine the scope and extent of available coverage. Re-evaluate coverage as warranted. Clear and concise written and verbal communication with insureds, brokers and underwriters;
(2) prepare and execute investigation strategies which identify critical issues effecting liability, causation and damages and consider opportunities of third-party contribution.;
(3) independently negotiate claims after obtaining the appropriate authority. Document evaluation, thought process, and strategy. Utilize ADR as appropriate and necessary;
(4) Effectively strategize and budget the litigation of each claim through discussions with counsel, vendors and insureds. Establish with defense and coverage counsel clear ground rules in order to maintain financial control of budget and expenses;
(5) Make regular and appropriate contact with internal and external customers. Give guidance to insured and/or broker to manage expectations.
Position Requirements:
The Ideal Candidate Should Have:
- At least 5 to 7 years Commercial/ Industry claims experience.
- Excellent communication skills (verbal/ written) and negotiation skills.
- Advanced experience and capabilities in litigation claims management, including ADR and mediation processes, involving auto/GL and major bodily injury exposures.
- Attending and controlling cases at mediations/ settlement conferences, pre suit, post suit, pre trial and post trial.
- JD preferred, but not required.
Send To A Friend
Posts
