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IAT Insurance Group · 1 month ago

Claims Major Case Director

Overland Park, KS

Full-time

Hybrid

Lead/Staff, Director/Executive

$93K/yr - $130K/yr

12+ years exp

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S., and they are seeking a Major Case Unit Director. This role is responsible for managing complex claims with significant financial exposure and requires extensive experience in the insurance industry, particularly in handling construction defect and general liability claims.

CommercialFinanceFinancial ServicesInsuranceInsurTech

Comp. & Benefits

No H1B

Responsibilities

Handles highly complex exposure claims based on Claim Guidelines

Directs and manages use of independent investigators, appraisers, and experts. Selects, directs and manages defense counsel including approval of budgets

Develops litigation/file disposition strategy. Attends mediations, settlement conferences and trials

Reports to reinsurers as required by reporting guidelines

Requires interaction and alerts with our Underwriting business partners

All Time Limit Demands to be escalated to management

Assist Sr. Claim specialists with analysis of claim issues as needed

Verifies/analyzes applicable coverage for the reported loss

Establishes 24-hour contact and maintain appropriate contact with all involved stakeholders throughout the life of the claim file

Investigates each claim by gathering information, conducting interviews, taking statements, conducting website research as needed, reviewing and analyzing reports and related bills

Identifies and addresses subrogation/contribution/SIU opportunities

Sets accurate/timely loss/expense reserves in compliance with Claim Guidelines

Evaluates, negotiates, and authorizes settlements with all stakeholders within designated authority

Selects, directs and manages Vendors/Counsel including approval of defense budgets

Negotiates directly with claimants and claimant attorneys upon receipt of critical information

Drafts correspondence, including but not limited to, coverage letters to stakeholders as required

Maintains resident/nonresident adjuster licenses as required

Performs other duties as assigned

Qualification

Claims handling experienceGeneral Liability claimsCommercial Auto handlingCoverage analysis skillsLitigated files experienceNegotiation skillsCPCU certificationConstruction Defect experienceData analysisJudgmentDecision making

Required

Bachelors' degree with a minimum of 12 years of claims handling experience in the insurance industry or equivalent

Equivalent is defined as high school diploma and 16 years of relevant experience

At least 8 years General Liability claim experience as well as Commercial Auto handling, which focused on claims with an exposure of $250,000 or more including both primary and excess losses

Excellent coverage analysis skills with experience in drafting coverage position correspondence

Extensive experience working with general liability, construction defect, garage, commercial trucking as well as identifying coverage issues

Experience handling litigated files and direction of defense counsel

Excellent negotiation skills which would be handled primarily by the file handler

Ability to travel, average 4 days a month

Licensure as required by respective states

Ability to analyze data, utilize sound judgment to draw conclusion and make supported decisions

Authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes