Senior Technical Claims Specialist, Commercial Excess and Coverage

Hoffman Estates, IL, US • Posted 23 hours ago • Updated 23 hours ago
Full Time
On-site
Fitment

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Job Details

Skills

  • Lawsuit
  • Documentation
  • Billing
  • Accountability
  • Finance
  • Policies and Procedures
  • Claims Management
  • MASS
  • Expense Management
  • Negotiations
  • Litigation
  • Management
  • Evaluation
  • Insurance
  • Legal
  • Customer Focus
  • Teamwork
  • Adaptability
  • Mentorship
  • Embedded Systems
  • Collaboration
  • SAP BASIS
  • Law

Summary

Schedule: Full-Time Job Category: Claims Description Liberty Mutual has an exciting Senior Technical Claims Specialist opportunity within our Specialty Lines Excess Coverage department. In this role, under moderate direction, you will handle a book of Commercial Casualty Excess/Umbrella claims, throughout the entire claims life cycle. Excess claim types include, but are not limited to, premises liability, auto, products, mass torts, across the United States for both Coverage A and Coverage B claims on admitted and non-admitted paper. Complex Excess claims experience needed to evaluate claims with significant financial exposure. Additionally, you will be responsible for conducting investigations, recommending adequate reserves, monitoring, documenting, assessing any risk transfer potential, and settling/closing claims in an expeditious and economical manner within prescribed authority limits for the line of business. *We are open to fill as a Senior Technical Claims Specialist I or II, depending on candidate experience. As the claims owner, determines coverage, investigates the claims, determines liability, sets and adjusts reserves, evaluates the claim, negotiates a settlement, authorizes and pays the claim; may deny claims. Review lawsuit documentation and supporting documents, claims file, investigation, etc. Establish appropriate working team (Home Office Legal, Defense Counsel and Home Office Claims) based on allegations established in suit. Responsible for managing the practices and billing activities of outside counsel. Accountable for security of financial processing of claims, as well as security information contained in claims files. May analyze the impact upon claims policies and procedures and advises Claims Management so appropriate action can be taken where required. Leads and participates in special projects and performs other duties as assigned. You will be required to go into the office twice a month if you reside within 50 miles of one of the following offices: Please note this policy is subject to change. Experience with Commercial Excess and Umbrella claims averaging $1-3 million or more required. Excess claims experience with premises liability, employer\'s liability, environmental, auto, products liability, mass torts and other Commercial Casualty Claims experience. Advanced to expert knowledge of commercial casualty claims investigation, coverage, reserving, expense management, resolution strategy, negotiation, litigation management, claims evaluation as well as the insurance legal and regulatory environment. Advanced to expert level of skill in the area of customer focus, gaining support, teamwork, and adaptability. Demonstrated ability to work independently, mentor other employees, and serves as a subject matter expert as normally acquired through 7 or more years of experience. Ability to adapt to work in multiple claim systems . About Us Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role. At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran\'s status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. Employment Type: Full Time
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  • Dice Id: orcfeed
  • Position Id: 24116_-5341508268606582025
  • Posted 23 hours ago
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