Claims Analyst

Description

Potential responsibilities may include special projects and participation in due diligence efforts to evaluate potential new business acquisitions.

Responsibilities and Duties:

• Reviews loss notices, confirms and interprets policy coverages, establishes adequate reserves, and investigates and handles claims involving primary and excess coverages.
• Maintains files according to company procedure.
• Assigns defense counsel, participates in developing defense strategy, and communicates effectively with peer carriers.
• Accurately evaluates cases for reserving and settlement.
• Participates in developing resolution strategy and negotiates favorable resolutions where appropriate.
• Handles a volume of complex and dynamic claims effectively.
• Provides claim information to senior management and maintains financial and general statistical records used for reporting to management.
• Maintains diary of pending cases to ensure maintenance of reserves that reflect the company's exposure, adequate notice to reinsurers, and recovery of amounts paid as appropriate.
• Participates in special projects and due diligence efforts to evaluate potential new business acquisitions as needed.
• Travels as required.

Qualifications:

• Excellent analytical, interpersonal, and written and oral communication skills.
• Proven track record of independent work and ability to manage multiple priorities at once while meeting deadlines.
• Five or more years handling complex claims/suits and coverage issues is preferred, but not required.
• JD, CPCU, SCLA, or CCLA is a plus.

Required Education:

• Four-Year College Degree