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Claims Specialist - Construction Defect & General Liability
Claims Specialist - Construction Defect & General Liability
Position ID 20849
Work Location Schaumburg, IL
Telecommute No
Employment Status Full-Time
Estimated Travel Minimum
Relocation Available No
Job Summary
Under technical supervision, handles construction defect commercial insurance claims of low to medium exposure and complexity within specific limits and authority. Verifies applicable coverage and liability. Sets appropriate reserves within authority level. Manages low-level litigation. Handles multi-party claims. Negotiates settlements within authority limit. Hires counsel; oversees litigation; negotiates litigation settlements. Serves as a mentor to lower level claims associates. Develops and maintains positive customer relationships; anticipates customer needs and monitors trends in order to recommend changes.
Job Qualifications
High School Diploma or Equivalent
5 or more years of Commercial Claims handling experience.
3 or more years General Liability claims handling experience needed.
In-depth knowledge of the insurance industry, claims, and the insurance legal and regulatory environment
Possesses a functional and developing knowledge of the legal statutes and procedures
Displays a thorough functional knowledge and skill of construction defects insurance claims handling
Coverage and case law knowledge
Proficient computer skills
Verbal and written communication skills
Problem solving skills
PREFERRED QUALIFICATIONS:
Bachelors Degree or Equivalent
Construction Defect claims handling experience highly preferred
Active state required license
Position ID 20849
Work Location Schaumburg, IL
Telecommute No
Employment Status Full-Time
Estimated Travel Minimum
Relocation Available No
Job Summary
Under technical supervision, handles construction defect commercial insurance claims of low to medium exposure and complexity within specific limits and authority. Verifies applicable coverage and liability. Sets appropriate reserves within authority level. Manages low-level litigation. Handles multi-party claims. Negotiates settlements within authority limit. Hires counsel; oversees litigation; negotiates litigation settlements. Serves as a mentor to lower level claims associates. Develops and maintains positive customer relationships; anticipates customer needs and monitors trends in order to recommend changes.
Job Qualifications
High School Diploma or Equivalent
5 or more years of Commercial Claims handling experience.
3 or more years General Liability claims handling experience needed.
In-depth knowledge of the insurance industry, claims, and the insurance legal and regulatory environment
Possesses a functional and developing knowledge of the legal statutes and procedures
Displays a thorough functional knowledge and skill of construction defects insurance claims handling
Coverage and case law knowledge
Proficient computer skills
Verbal and written communication skills
Problem solving skills
PREFERRED QUALIFICATIONS:
Bachelors Degree or Equivalent
Construction Defect claims handling experience highly preferred
Active state required license
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