Contact Details:
Mamidala
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Job Title: Claims Examiner Asbestos
Location: Manchester NH or Rockville Centre NY (Hybrid)
Duration: Full Time
Years of Experience: 5 Yrs.
Required Hours/Week: 40hrs./Week
Job Description:
- Reporting to the Unit Manager the Claims Analyst will directly handle claims including asbestos pollution molestation and other health hazards (APO).
- Day to day activities will include: coverage analyses liability and damage investigations comprehensive evaluations litigation management negotiation mediation participation and trial attendance as cases require.
- Potential responsibilities may include special projects and participation in due diligence efforts to evaluate potential new business acquisitions.
Duties and Responsibilities:
- Review loss notices confirm and interpret policy coverages establish adequate reserves and investigate and handle claims involving primary and excess coverages
- Responsible for assignment to and control of work of defense counsel assignment of expert witnesses and interfacing with peer carriers including design and execution of defense and indemnity contracts evaluation of liability and damages and participation in settlement conferences
- Ensure proper file setup reserving general handling and application of company procedure and coverage interpretation philosophy
- Participate in developing claims handling techniques including defense coordination expense control and strategy
- Provide specific claims information to senior management relative to all new notices of loss and maintain specific financial and general statistical records which are used for reporting to management
- Maintain diary control of reported cases to ensure maintenance of proper resources to reflect the companys exposure and adequate notice to reinsurers and recovering of specific amounts when payment exceeds the companys retention
- Perform special projects and assignments related to area of authority
Qualifications and Experience Required:
- Minimum of 5 years of experience handling commercial line and/or multi-line claims or comparable experience
- College Degree (4-year) required
- Excellent analytical interpersonal and communication skills both written and oral required
- Proven track record of working independently and meeting assigned deadlines
- 5-10 years handling complex claims and coverage issues preferred
- JD DPCU SCLA CCLA desired
Specialties: - Insurance run-off close-out insurance claims management and resolution reinsurance recovery dispute resolution Part VII transfer Lloyds management agency risk management capital solutions exit strategies
Benefits:
- The end-client has competitive compensation and benefits packages including an exceptional health benefits program potential for an annual financial reward based on both individual and company performance company-matched 401k plan flexible work arrangements paid parental leave adoption assistance/reimbursement pre-tax flexible spending accounts for healthcare and dependent care and a generous employee stock purchase plan through end-clients parent.
- They also pay attention to your individual needs and offer tuition reimbursement health and wellness programs time off for charitable endeavors and a generous charitable giving company match a sabbatical program after 10 years of employment and site-specific perks available including an on-site gym casual dress code free lunch Fridays and more!