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Asbestos, Pollution, and Molestation Claims Specialist
2 months ago
The RiverStone Group is a leading provider of insurance and reinsurance services, specializing in the management of legacy and run-off insurance businesses and portfolios.
Job SummaryWe are seeking a highly skilled Claims Analyst to join our dynamic team, responsible for handling complex claims involving asbestos, pollution, and molestation. The ideal candidate will have a strong analytical background, excellent communication skills, and the ability to work independently.
Key Responsibilities- Claims Handling: Review loss notices, confirm and interpret policy coverages, establish adequate reserves, and investigate and handle claims involving primary and excess coverages.
- Defense Coordination: Responsible for assignment to and control of work of defense counsel, assignment of expert witnesses, and interfacing with peer carriers, including design and execution of defense and indemnity contracts, evaluation of liability and damages, and participation in settlement conferences.
- File Setup and Maintenance: Ensure proper file setup, reserving, general handling, and application of company procedure and coverage interpretation philosophy.
- Claims Information and Reporting: Provide specific claims information to senior management relative to all new notices of loss and maintain specific financial and general statistical records which are used for reporting to management.
- Diary Control and Special Projects: Maintain diary control of reported cases to ensure maintenance of proper resources to reflect the company's exposure and adequate notice to reinsurers, and recovering of specific amounts when payment exceeds the company's retention. Perform special projects and assignments related to area of authority.
- Minimum of 5 years of experience handling commercial line and/or multi-line claims or comparable experience.
- College Degree (4-year) required.
- Excellent analytical, interpersonal, and communication skills, both written and oral required.
- Proven track record of working independently and meeting assigned deadlines.
- 5-10 years handling complex claims and coverage issues preferred.
- JD, DPCU, SCLA, CCLA desired.
