CGL Senior Claims Specialist
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Job Location:
Morris County, NJ - USA
Monthly Salary:
Not Disclosed
Posted on:
10 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Description
CGL Senior Claims Specialist
Job Summary
Seeking a highly skilled and motivated CGL Senior Claims Specialist to join a team. This role involves managing a diverse portfolio of commercial general liability claims with a focus on developing and implementing effective resolution strategies while delivering exceptional customer service.
Compensation Package
- Salary: $83000 - $156000 (depending on experience)
- Competitive benefits package 401(k) paid time off professional development opportunities etc.
Responsibilities
- Conduct thorough investigations and expert analysis of claims facts to determine coverage liability and damages.
- Analyze and interpret policy language and case law to reach appropriate coverage decisions and draft coverage correspondence in compliance with state statutes and regulations.
- Promptly conduct comprehensive claims investigations establish accurate reserves and pursue timely and appropriate resolutions.
- Prepare and present reports for management on loss development financial exposures risk transfer reserve adjustments and claim resolution strategies.
- Resolve claims through negotiation mediation and arbitration with minimal assistance.
- Address inquiries from brokers and policyholders providing superior customer service.
- Attend and participate in industry-related conferences seminars and webinars demonstrating a commitment to professional development.
- Ensure compliance with insurance regulations and company policies in claims handling.
- Participate in projects and corporate initiatives such as audits task forces and focus groups.
- Perform other duties as required.
Qualifications/Requirements
Education
- Bachelors degree or equivalent experience required.
- JD degree is a plus.
Experience
- 5-7 years of experience handling commercial general liability claims.
- Proven experience managing litigated claims and working with defense counsel.
- Demonstrated success in claims resolution and negotiation.
Disclaimer: Please note that this job description may not cover all duties responsibilities or aspects of the role and it is subject to modification at the employers discretion.
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Required Experience:
Senior IC
Key Skills
- Corporate Paralegal
- Baan
- IT Sales and Marketing
- Civil Quality Control
- Activex
- Jboss
About Company
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