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Commercial Claims Specialist

2 months ago


Chicago, Illinois, United States HDI Global Insurance Company Full time
Job Description

Company Overview

HDI Global Insurance Company is a leading commercial property and casualty insurer, headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we offer a broad and flexible portfolio of products and services, combined with an international network of local insurers in over 150 countries.

Job Summary

We are seeking an experienced Commercial Claims Specialist to handle complex and severe commercial casualty claims. The ideal candidate will have a strong background in claims investigation, negotiation, and resolution, with excellent communication and negotiation skills.

Key Responsibilities

  • Claims Investigation and Resolution
    • Investigate, evaluate, negotiate, and resolve complex commercial casualty claims, with the assistance of external service providers as needed.
  • Representation and Litigation
    • Represent the company and clients effectively by participating in or leading litigation teams, as necessary.
  • Claims Management
    • Independently resolve significant exposure claims on favorable terms.
    • Effectively control the use, costs, and work product of outside counsel and other external service providers.
  • Policy Analysis
    • Analyze policy coverages on standard and manuscript forms, independently identifying and evaluating coverage issues, and preparing coverage position letters as needed.
  • Reporting and Communication
    • Prepare timely and accurate reports for management on large losses, keeping management informed of issues, problems, and progress on severe claims.
    • Provide outstanding service and availability to business partners, developing relationships with customers, brokers, and HDI colleagues, both domestically and abroad.
  • Subrogation and Recovery
    • Identify and initiate subrogation recovery opportunities.
  • Travel and Collaboration
    • Occasional travel for mediation, client/case meetings, court or arbitral appearances, as necessary.

Requirements

  • Bachelor's degree, with additional insurance education preferred (CPCU, AIC, etc.).
  • 7+ years of complex casualty claims experience, with specific experience in Product and Excess Liability, Construction, preferred.
  • Obtain and maintain state insurance adjuster licenses as necessary.
  • The ability to travel as necessary, up to roughly 15%.
  • Excellent verbal and written communication, customer service, and negotiation skills.
  • Strong contract interpretation, organizational, and time management skills.
  • Knowledge of direct and/or reinsurance business.
  • Extensive experience working with computers and the Microsoft Office suite.