[Remote] Senior/Complex Claims Specialist, Financial Lines Management Liability

Note: The job is a remote job and is open to candidates in USA. Liberty Mutual has an immediate opening for a Senior Claims Specialist, Financial Lines Management Liability position. In this role, the Senior Claims Specialist handles a book of Private Company and Not-For-Profit Directors & Officers Liability claims and Employment Practices liability claims throughout the entire claim's life cycle.

Responsibilities
• Investigates, and evaluates the loss to determine coverage and claim disposition
• Utilizes CMS 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 re-insurers, as necessary
• As required, maintains insurance adjuster licenses

Skills
• Bachelors' and/or advanced degree
• 5+ years claims/legal experience; or in a related field
• Functional knowledge of claims handling concepts, practices and techniques, to include but not limited to coverage issues, and product line knowledge
• Functional knowledge of law and insurance regulations in various jurisdictions
• Demonstrated strong verbal and written communications skills
• Demonstrated strong negotiation skills

Benefits
• Flexible Time Off Annual Accrual - days: 20
• Comprehensive benefits
• Workplace flexibility
• Professional development opportunities

Company Overview
• Liberty Mutual Insurance provides a broad range of insurance products and services. It was founded in 1912, and is headquartered in Boston, Massachusetts, USA, with a workforce of 10001+ employees. Its website is http://www.libertymutualgroup.com.

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