Westfield Insurance · 1 day ago
Senior Claims Specialist
Chicago, IL
Full-time
Onsite
Senior Level
6+ years expWestfield Insurance is a company that specializes in various types of insurance, and they are seeking a Senior Claims Specialist. The role involves managing and overseeing commercial and financial claims, providing customer service, and collaborating with various stakeholders to resolve claims effectively.
Insurance
Responsibilities
Directly handle, manage and/or oversee commercial and financial lines Public and Private D&O, Financial Institutions E&O, EPL, Fiduciary and Crime/Fidelity claims
Handle claims in accordance with Claim Handling Best Practices in all phases of the claim including through initial contact, investigation of the claim, evaluation the claim for coverage and reserving for exposure, and in the resolution and documentation of claims
Provide top-notch customer service through all interactions and communications including with internal and external customers and business partners
Review and evaluation of policies to determine coverage
Resolve coverage-related matters working collaboratively with outside counsel when necessary
Complete written reports and present claims to management, underwriting, actuary and reinsurers on claim developments as needed
Adhere to all statutory regulations and Unfair Claims Practices Acts
Consistently communicate claim developments, exposure analyses and requests for authority to claims management
Participate in mediations, settlement conferences and otherwise see claims through to resolution
Work closely with underwriting and other business partners to review, analyze, and communicate claim trends and help develop policy language
Along with underwriting, attend current and prospective meetings with insureds and brokers
Work with and manage outside vendors, including outside attorneys to manage budgets and oversee litigation
Qualification
Required
Minimum of 6 to 10 years' experience at either a specialty insurance carrier and/or law firm
Significant public/private D&O, E&O or EPL experience. Experience with program claims and working with MGU and MGA platforms in a claim capacity
Bachelor's degree and Juris Doctor from an accredited law school required
Candidates will be required to obtain and maintain insurance adjuster licenses
Excellent written communication skills
Excellent verbal and interpersonal communication skills, resulting in the ability to interact with all levels of management and employee population
Strong analytic, investigative, listening and negotiation skills
Experience multi-tasking, prioritizing work and working effectively in a team environment, while maintaining attention to detail
Experience working in a fast-paced environment, completing work with limited supervision
Experience with Microsoft Windows, Outlook, and Excel or transferable software packages
Ability and willingness to travel as needed
Ability to be onsite in office 4 days a week as per corporate policy
Company
Westfield Insurance
Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Joe Kohmann
Chief Financial Officer & Treasurer
Amy Larsh
Executive Assistant to the President, CEO & Board Chair
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