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Liberty Mutual Insurance · 1 day ago

Senior/Complex Claims Specialist, Financial Lines Management Liability

United States

Full-time

Remote

Senior Level

$83K/yr - $157K/yr

5+ years exp

Liberty Mutual has an immediate opening for a Senior Claims Specialist, Financial Lines Management Liability position. The role involves handling a book of Private Company and Not-For-Profit Directors & Officers Liability claims and Employment Practices liability claims throughout the entire claim's life cycle, including conducting investigations and managing the litigation process.

FinanceFinancial ServicesInsurance

Responsibilities

Investigates, and evaluates the loss to determine coverage and claim disposition

Utilizes CMS to document claims and to diary future events or follow-up

Within prescribed settlement authority for 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

Pro-actively manages the case resolution process

Actively participates in mediations and arbitrations, within limit of settlement authority

Participates in the claims audit process

Provides claims marketing services by meeting with brokers, risk managers and re-insurers, as necessary

As required, maintains insurance adjuster licenses