Excess and Coverage Senior Technical Claims Specialist – Com
Liberty Mutual Insurance
This is a Full-time position in New York, NY posted April 6, 2021.
n n nn COVID-19 Notice: We are actively hiring and the Liberty Mutual team will be conducting all candidate interviews virtually until further notice.
The health and well-being of our employees, candidates, customers, partners and the communities where we live and work are our primary concern as the coronavirus (COVID-19) pandemic continues to evolve globally.
Learn more here .
nn nExcess and Coverage Senior Technical Claims Specialist – Complexn nn Under moderate direction, handles a book of excess/umbrella claims, throughout the entire claim’s life cycle.
Responsible for conducting investigations, recommending adequate reserves, monitoring, documenting, and settling/closing claims in an expeditious and economical manner within prescribed authority limits for the line of business.
nn nn Responsibilities: nn Analyzes, investigates, and evaluates the loss to determine coverage and claim disposition.
Utilizes Claims systems 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.
nn Job Specifications: nn nn Reference: 2021-35931n Category: Claimsn Primary Location: New York, NYn Additional Locations: n Schedule: Full-Time nn nn Salary: USD-$96,900.00/Yr.-USD-$123,200.00/Yr.
n Education Level: High School Diploma/GEDn Travel: As Needed nn n n
