Job Description

CGL Senior Claims Specialist

Job Summary

Seeking a highly skilled and motivated CGL Senior Claims Specialist to join a team. This role involves managing a diverse portfolio of commercial general liability claims, with a focus on developing and implementing effective resolution strategies while delivering exceptional customer service.

Compensation Package

• Salary: $83,000 - $156,000 (depending on experience)
• Competitive benefits package, 401(k), paid time off, professional development opportunities, etc.

Responsibilities

• Conduct thorough investigations and expert analysis of claims facts to determine coverage, liability, and damages.
• Analyze and interpret policy language and case law to reach appropriate coverage decisions and draft coverage correspondence in compliance with state statutes and regulations.
• Promptly conduct comprehensive claims investigations, establish accurate reserves, and pursue timely and appropriate resolutions.
• Prepare and present reports for management on loss development, financial exposures, risk transfer, reserve adjustments, and claim resolution strategies.
• Resolve claims through negotiation, mediation, and arbitration with minimal assistance.
• Address inquiries from brokers and policyholders, providing superior customer service.
• Attend and participate in industry-related conferences, seminars, and webinars, demonstrating a commitment to professional development.
• Ensure compliance with insurance regulations and company policies in claims handling.
• Participate in projects and corporate initiatives such as audits, task forces, and focus groups.
• Perform other duties as required.

Qualifications/Requirements

Education

• Bachelor’s degree or equivalent experience required.
• JD degree is a plus.

Experience

• 5-7 years of experience handling commercial general liability claims.
• Proven experience managing litigated claims and working with defense counsel.
• Demonstrated success in claims resolution and negotiation.

Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion. 

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