Executive Claims Specialist

1 day ago


Chicago, Illinois, United States HDI Global Full time
Job Title: Executive Claims Specialist

HDI Global Insurance Company is seeking an experienced Executive Claims Specialist to join our team. As a key member of our claims team, you will be responsible for handling complex commercial casualty claims with significant exposure.

Responsibilities:
  • Investigate, evaluate, negotiate, and resolve complex commercial casualty claims with the assistance of external service providers as needed.
  • Represent the company and clients effectively by participating in or leading litigation teams where necessary.
  • Independently resolve significant exposure claims on favorable terms.
  • Effectively control the use, costs, and work product of outside counsel and other external service providers.
  • Analysis of policy coverages on various standard and manuscript forms, identifying and evaluating coverage issues, and preparing written coverage positions.
  • Operate within designated monetary authority for reserving, case disposition, and payments.
  • Prepare timely and accurate reports for management on large losses and keep management informed of key developments on severe claims.
  • Regular mediation or informal negotiation of claims.
  • Provide outstanding service and availability to business partners, developing relationships with customers, brokers, and HDI colleagues domestically and abroad.
  • Collaborate constructively with co-insurers.
  • Prepare reinsurance loss reports.
  • Present internally on US legal topics of interest.
  • Participate in industry groups and professional societies to enhance company profile.
  • Exercise authority in settings that can meaningfully impact company financial results.
  • Identify and initiate subrogation recovery opportunities.
  • Contribute to specialized internal working groups on emerging risks, coverage, and in MCU (major new claim evaluation team).
  • Occasional travel for mediation, client/case meetings, court or arbitral appearances as necessary.
Requirements:
  • Litigation and insurance claim management experience with an emphasis on product liability.
  • Effective customer service skills.
  • Excellent verbal and written communication skills to build consensus for strategic choices among diverse international stakeholders.
  • The ability to cultivate constructive working relationships.
  • Strong contract interpretation skills.
  • Strong organizational and time management skills.
  • Self-confidence to negotiate directly with client risk managers, executives, and outside counsel.
  • An innovative thinker in a fast-paced environment with changing priorities.
  • Collaborate with underwriting and other departments to improve overall results.
  • The desire to exceed expectations and requirements of external customers and internal colleagues.
  • Ability to adapt to change.
  • A candidate that values diverse opinions and ideas.
  • Professional bearing.
  • Extensive experience with Microsoft Office suite of products.
Qualifications:
  • Juris Doctor degree.
  • Obtain and maintain state insurance adjuster licenses as necessary.
  • 10+ years casualty claims experience and/or commensurate background in private practice as attorney.
  • The ability to travel as necessary, up to roughly 10%.

HDI Global Insurance Company is an Equal Opportunity Employer. Individuals seeking employment at HDI Global Insurance Company are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation.



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