Liberty Mutual Insurance
Senior Technical Claims Specialist, Energy Complex
Liberty Mutual Insurance, Hoffman Estates, Illinois, us, 60179
Senior Technical Claims Specialist, Energy Complex
Liberty Mutual Insurance provided pay range. Base pay range: $82,000.00/yr - $157,000.00/yr
Liberty Mutual has an immediate opening for a Senior Technical Claims Specialist to join our Energy Complex Team. The Senior Technical Claims Specialist determines coverage, investigates highly complex Commercial Casualty claims, determines liability, sets and adjusts reserves, evaluates the claim, negotiates a settlement, authorizes and resolves the claim. Additionally, the Senior Technical Claims Specialist demonstrates a high level of expertise and sound judgment in complex matters and may act as a subject matter expert.
You will be required to go into the office twice a month if you reside within 50 miles of the following offices: Boston, MA; Westborough, MA; Indianapolis, IN; Lake Oswego, OR; Las Vegas, NV; Plano, TX; Suwanee, GA; Chandler, AZ; Hoffman Estates, IL; or Weatogue, CT. Please note this policy is subject to change.
Responsibilities
As the claim’s owner, determines coverage, investigates the claims, determines liability, sets and adjusts reserves, evaluates the claim, negotiates a settlement, authorizes and pays the claim; may deny claims.
Reviews lawsuit documentation and supporting documents, claims file, investigation, etc. Establish actions to be taken to resolve lawsuit.
Includes determining loss coverage, amounts owed, discovery plans, setting reserves and negotiations.
Establishes appropriate working team (Home Office Legal, Defense Counsel and Home Office Claims) based on allegations established in suit.
Responsible for managing the practices and billing activities of outside counsel.
Accountable for security of financial processing of claims, as well as security information contained in claims files.
Trains and mentors staff as appropriate; manages relationships and acts as liaison with various business partners (e.g., Underwriting, Reinsurance, Etc.).
Keeps abreast of existing and proposed legislation, court decisions and trends and experience pertaining to specialty coverage issues.
May analyze the impact upon claims policies and procedures and advises Claims.
Management so appropriate action can be taken where required.
Participates in special projects.
Qualifications
Bachelor’s degree and 5 to 7 years claims adjusting experience.
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 customer focus, problem solving, communications, gaining support, teamwork, adaptability and demonstrated ability to work independently, achieve results and execute thoroughly.
Moderate to complex Energy claims and/or Commercial General Liability claims preferred.
About Us Pay Philosophy: The typical starting salary range for this role is determined by factors including skills, experience, education, certifications and location. The full salary range reflects the competitive labor market value and provides opportunity to progress within the role. Some roles may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. We value your hard work, integrity and commitment to make things better, and we put people first by offering benefits that support life and well-being.
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.
Equal Opportunity Notices
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
#J-18808-Ljbffr
Liberty Mutual has an immediate opening for a Senior Technical Claims Specialist to join our Energy Complex Team. The Senior Technical Claims Specialist determines coverage, investigates highly complex Commercial Casualty claims, determines liability, sets and adjusts reserves, evaluates the claim, negotiates a settlement, authorizes and resolves the claim. Additionally, the Senior Technical Claims Specialist demonstrates a high level of expertise and sound judgment in complex matters and may act as a subject matter expert.
You will be required to go into the office twice a month if you reside within 50 miles of the following offices: Boston, MA; Westborough, MA; Indianapolis, IN; Lake Oswego, OR; Las Vegas, NV; Plano, TX; Suwanee, GA; Chandler, AZ; Hoffman Estates, IL; or Weatogue, CT. Please note this policy is subject to change.
Responsibilities
As the claim’s owner, determines coverage, investigates the claims, determines liability, sets and adjusts reserves, evaluates the claim, negotiates a settlement, authorizes and pays the claim; may deny claims.
Reviews lawsuit documentation and supporting documents, claims file, investigation, etc. Establish actions to be taken to resolve lawsuit.
Includes determining loss coverage, amounts owed, discovery plans, setting reserves and negotiations.
Establishes appropriate working team (Home Office Legal, Defense Counsel and Home Office Claims) based on allegations established in suit.
Responsible for managing the practices and billing activities of outside counsel.
Accountable for security of financial processing of claims, as well as security information contained in claims files.
Trains and mentors staff as appropriate; manages relationships and acts as liaison with various business partners (e.g., Underwriting, Reinsurance, Etc.).
Keeps abreast of existing and proposed legislation, court decisions and trends and experience pertaining to specialty coverage issues.
May analyze the impact upon claims policies and procedures and advises Claims.
Management so appropriate action can be taken where required.
Participates in special projects.
Qualifications
Bachelor’s degree and 5 to 7 years claims adjusting experience.
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 customer focus, problem solving, communications, gaining support, teamwork, adaptability and demonstrated ability to work independently, achieve results and execute thoroughly.
Moderate to complex Energy claims and/or Commercial General Liability claims preferred.
About Us Pay Philosophy: The typical starting salary range for this role is determined by factors including skills, experience, education, certifications and location. The full salary range reflects the competitive labor market value and provides opportunity to progress within the role. Some roles may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. We value your hard work, integrity and commitment to make things better, and we put people first by offering benefits that support life and well-being.
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.
Equal Opportunity Notices
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
#J-18808-Ljbffr