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Senior Technical Claims Specialist Excess Coverage & Specialized Claims

Liberty Mutual Somerville, Massachusetts
senior technical liberty insurance authority management litigation people senior technical casualty claims remote settlement
March 15, 2023
Liberty Mutual
Somerville, Massachusetts
Liberty Mutual has an immediate opening for a Complex Claims Specialist as part of our Excess Coverage and Specialized Claims 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.The Senior Technical Claims Specialist investigates highly complex Commercial Casualty Claims, and you will be required to demonstrate a high level of expertise and sound judgment in complex matters, often acting as a Subject Matter Expert.
We are open to fill this position as a Senior Technical Claims Specialist I or II, depending on candidate experience.This is a 100% remote opportunity.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 Job Specifications:
Reference:
2023-54736 Category:
Claims Primary Location:
Remote Additional Locations:
Schedule:
Full-Time Salary:
USD $91,300.00 - $146,700.00 / Year Education Level:
Bachelor's DegreeTravel:
As NeededQualificationsQualifications Bachelor's degree and 5 to 7 years claims adjusting experience.
Experience with Excess policies/coverage over $1 million dollars ideal.Litigation experience a plus! Advanced knowledge of commercial casualty claims investigation, coverage evaluation, reserving & expense management, resolution strategy, negotiation, litigation management, claims evaluation as well as the insurance legal and regulatory environment.
Intermediate to advanced level of skill in the area of customer focus, problem solving, communications, gaining support, teamwork, and adaptability and demonstrated ability to work independently, achieve results and execute thoroughly Featured BenefitsHere's some of what you can look forward to as one of our employees.Competitive CompensationOur compensation programs are designed to deliver above-market pay if you perform well, and significantly above that for exceptional performance over time.
Virtually every employee is eligible for some type of variable incentive pay in addition to his or her base pay.Flexible Work ArrangementsWe understand the role work-life balance plays in your ability to stay energized and engaged.
So we place an emphasis on regular hours, flex scheduling, and generous time off through paid holidays, vacation days, and more.Top-Notch Retirement PlansOur pension plan provides a monthly credit equal to 5% of your eligible compensation.
You can also participate in our 401(k) plan, which offers a guaranteed match of $0.50 for every $1 you contribute, up to 8% of your eligible pay.Career DevelopmentFrom regular coaching planning, to paid training, licensing, and 100% tuition reimbursement for approved courses, we're dedicated to your continued growth, because we know it leads to continued success.Health & WellnessYou'll have access to comprehensive health, dental, and vision coverage, as well as a host of other insurance and wellness benefits-including progressive parental benefits and support.See Full BenefitsWhy Liberty Mutual?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 2023 list.
To learn more about our commitment to diversity and inclusion please visit:
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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.Why Comparion?Backed by the 6th largest property and casualty insurer, Liberty Mutual, Comparion Insurance Agency offers customers insurance options from Liberty and other insurance companies as needed to meet their unique needs.
As a Comparion insurance agent, you'll enjoy unlimited earning potential, generous rewards and recognition.
Help customers find the right policy while gaining upward career mobility, a supportive team that provides great coverage, work life balance, and an inclusive workplace.
To learn more about the company's commitment to diversity and inclusion visit:
Comparion is proud to be a Liberty Mutual company because we are committed to putting people first and helping people confidently pursue tomorrow.
In recognition of this, Liberty has been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years.
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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