Senior Technical Claims Specialist, Excess Coverage & Specialized Claims Job at Liberty Mutual, Boston, MA

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  • Liberty Mutual
  • Boston, MA

Job Description

Job Description

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

Description

Liberty Mutual has an immediate opening for an Excess Coverage and Specialized Senior Technical Claims Specialist as part of our Excess, Coverage and Specialized Claims Unit.

 

In this role, under moderate direction, you will handle a book of Commercial Casualty Excess/Umbrella and Specialized claims, throughout the entire claims life cycle. Claim types include, but are not limited to, unsupported excess General Liability and Commercial Auto Claims, including Premises Liability, Auto, and Products Liability. Specialized claims including Mass Torts, Employers Liability, Environmental, and Specialty claim across the United States for both Coverage A and Coverage B claims on admitted and non-admitted paper. Complex Excess claims experience preferred to evaluate claims with significant financial exposure.

 

Additionally, you will be responsible for conducting investigations, recommending adequate reserves, monitoring, documenting, assessing any risk transfer potential, and settling/closing claims in an expeditious and economical manner within prescribed authority limits for the line of business.

 

Please note, you will be required to go into the office twice a month if you reside within 50 miles of one of the following offices: Bala Cynwyd, PA; Boston, MA; Westborough, MA; Hoffman Estates, IL; Indianapolis, IN; Lake Oswego, OR; Las Vegas, NV; Plano, TX; Suwanee, GA; Syracuse, NY; Tampa, FL; or Weatogue, CT. Please note this policy is subject to change.

 

The salary range posted reflects various geographic remote locations, and the typical salary will be between $105,000-$125,000.

 

Responsibilities:

  • As the claims 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. 
  • Review 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.
  • Establish 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.
  • Leads and participates in special projects and performs other duties as assigned. 

We are focusing on candidates who have:

  • Experience with Commercial Excess and Umbrella claims averaging $1-3 million or more preferred.
  • Claims experience with Premises Liability, Employer's Liability, Environmental, Auto, Products Liability, Mass Torts, Specialty Claims and other Commercial Casualty Claims experience.
Qualifications
  • Advanced to expert knowledge of Commercial Casualty claims investigation, coverage, reserving, expense management, resolution strategy, negotiation, litigation management, claims evaluation as well as the insurance legal and regulatory environment.
  • Advanced to expert level of skill in the area of customer focus, gaining support, teamwork, and adaptability.
  • Expert ability to identify and solve problems, achieve results and execute thoroughly.
  • Demonstrated ability to work independently, mentor other employees, and serves as a subject matter expert as normally acquired through 7 or more years of experience.
  • Ability to adapt to work in multiple claim systems.
  • Experience with Commercial Excess and Umbrella claims averaging $1-3 million or more preferred.
  • Claims experience with Premises Liability, Employers Liability, Environmental, Auto, Products Liability, Mass Torts, Specialty claims, and other Commercial Casualty Claims experience preferred.
About Us

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.  

 

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

 

We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.

 

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:  

 
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. 

 
Fair Chance Notices  

  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco

Job Tags

Local area, Immediate start, Remote job, Work from home, Home office,

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