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Job Details

Senior Claims Specialist Management Liability Employment

Experience
10 yrs required

Location
Chicago, IL, United States

Posted on
Nov 02, 2022

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Profile

Senior Claims Specialist, Management Liability, Employment
The candidate confirms coverage of claims by reviewing policies and documents submitted in support of claims. Analyzes coverage and communicates coverage positions. Conducts, coordinates, and directs investigation into loss facts and extent of damages. Directs and monitors assignments to experts and outside counsel. Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure. Sets reserves within authority or makes claim recommendations concerning reserve changes to manager. Negotiates and settles claims either directly or indirectly. Prepares reports by collecting and summarizing information. Adheres to Fair Claims Practices regulations and internal Claims Quality Performance Objectives. Assists in training and mentoring of examiners. Serves as technical resource to subordinates and others in the organization. Reviews and approves correspondence, reports and authority requests as directed by manager. Participates in special projects or assists other team members as requested. Travel to mediations, trials, and conferences as required. Bachelor’s degree or equivalent work experience is required. JD, advanced degree, or focused technical degree is a plus. Should have 10+ years of claims handling experience or equivalent combination of education and experience. Employment and/or Tenant Discrimination Claims handling experience is preferred. Successful achievement of industry designations (INS, IEA, AIC, ARM, SCLA, CPCU) or I-Lead or other Management Training is required.

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