Senior Technical Claims Specialist II

Location
02144, Somerville
Salary
Open
Posted
Sep 15, 2022
Closes
Nov 14, 2022
Ref
114405657#GIJ--LibertyMutual.1
Category
Claims, IT
Job Type
Not Specified
Career Level
Not Specified

Liberty Mutual has an immediate opening for a Complex Claims Specialist as part of our Excess  and Coverage Unit.  In the Complex Claims Specialist role, you will, with minimal supervision, handle a book of excess casualty lines claims, throughout the entire claim's life cycle.  Additionally, you will be responsible for conducting investigations, recommending adequate reserves, monitoring, documenting, and settling/closing claims in an expeditious and economical manner within prescribed authority limits for the line of business.

 

Responsibilities

  • Analyzes, investigates, and evaluates the loss to determine coverage and claim disposition.
  • Utilizes claim system 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 reinsurers, as necessary.
  • As required, maintains insurance adjuster licenses

Qualifications

Qualifications:

  • Bachelors' and/or advanced degree
  • 7 + years claims/legal experience, with at least 2 years within a technical specialty preferred
  • Advanced knowledge of claims handling concepts, practices and techniques, to include but not limited to coverage issues, and product line knowledge
  • Functional knowledge of law and insurance regulations in various jurisdictions
  • Demonstrated advanced verbal and written communications skills
  • Demonstrated advanced analytical, decision making and negotiation skills

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a Great Place to Work by Great Place to Work US for the past several years. We were also selected as one of the 100 Best Places to Work in IT on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduatesas well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

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