Builders Mutual · 1 month ago
Sr. Litigation Specialist
United States
Full-time
Remote
Senior Level, Lead/Staff
10+ years expBuilders Mutual is a company that provides commercial insurance solutions and construction safety resources. They are seeking a Senior Litigation Specialist to manage complex litigated matters related to various insurance claims, working closely with legal counsel to ensure timely and effective resolutions.
Financial ServicesInsurance
Hiring Manager
Anne White, CBIA
Responsibilities
Handle highly complex, commercial general liability and commercial building and business personal property claims involving substantial property damages, construction defect, personal and advertising injury claims, serious bodily injury, complex and high-value loss of use and other types of high exposure claims involving litigated matters arising from claims
Analyze and interpret insurance policies, respective industry standards, statutes, regulations, common law, and case law applying to case facts to render appropriate legal and ethical decisions
Attend trials, depositions, and mediations with defense counsel as needed for our entire territory
Handle or direct activity of assigned independent adjusters in all aspects of investigation and settlement of assigned claims to include interviewing insureds, witnesses, and physicians; inspecting property damage; reviewing factual information to prepare damage estimates; evaluating and making recommendations regarding coverage of claims; determining liability and total value of claims; negotiating settlements and making recommendations regarding litigation
Assign case to third-party vendors and experts as applicable for investigation of circumstances when compensability is questionable
Make appropriate settlements in a timely manner with regards to all aspects of covered damages and appropriate applications of business considerations and needs, while proactively manages claim costs and expenses and manages litigation expenses within budget
Analyze case facts to establish timely and accurate indemnity and expense reserves and identify possible fraud or abuse throughout course of claim
Complete accurate Large Loss and Litigation reports to executive management and reinsurers with timely updates
Prepare or direct appropriate counsel to prepare comprehensive, accurate, timely, and pertinent Reservation of Rights, coverage declination, and excess letters
Handle suits filed against the company that arise from claims or claims activities, always protecting the interest of the company against claims for extracontractual and punitive damages
Qualification
Required
BA/BS degree from a regionally accredited university or college and 10-15 years of insurance claims and litigation experience with a carrier, independent adjusting firm, third-party administrator, or law firm, or an equivalent combination of education and relevant insurance experience
Adjuster license or the ability to obtain an adjuster license for assigned jurisdiction(s) is required
Strong verbal and written communication, organizational, interpersonal, and problem-solving skills
Proven ability to read and interpret insurance policies, including applying applicable case law and/or statutes as required to make appropriate policy interpretation
Proven track record of handling complex, high-value claims and litigation
Proficient in the use and knowledge of MS Office software
Ability to travel up to at least 25% for mediations, trials, and other meetings
Benefits
Market-driven compensation and bonus plan
3 weeks of paid time off (and your birthday too!)
37.5-hour work week; end your Friday at 2:30PM
Builders University for employees, dedicated to supporting development and enhancing expertise
Earn swag and extra time off through peer recognition Builders Bucks program
Company
Builders Mutual
Builders Mutual is a writer of commercial insurance products dedicated exclusively to the construction industry.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Mike Gerber
President / Chief Executive Officer
Edmundo Yanez
Senior Human Resources Business Partner
Recent News
Insurance Business America
2023-12-28
The Business Journals
2023-12-28
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