Sr. Liability & Property Insurance Claims Analyst

Sr. Liability & Property Insurance Claims Analyst

SR. LIABILITY & PROPERTY INSURANCE CLAIMS ANALYST
MONTGOMERY, AL

Job description:

The Sr. Liability & Property Claims Analyst will preferably have experience or familiarity with self-insured risk pools, county government, political subdivisions. The successful candidate will have proven themselves in the claims industry and be able to demonstrate their experience.

The ideal candidate should be able to manage, investigate and analyze complex or technically difficult liability and property claims as assigned to determine liability exposure; manage the litigation process: possess a thorough understanding of state and federal immunities; experience with federal civil rights claims; to ensure ongoing adjudication of claims within company standards and industry best practices; and to identify claims with subrogation potential and negotiate settlements in a timely manner.

This position would also be responsible for accurate and timely claims-related billing and payment processing, and legal billing review and payment processing.

EXPERIENCE AND SKILLS:

• Bachelor's degree from an accredited college or university (preferred).
• Minimum of 10 years of liability and/or property claims experience or equivalent combination of education and experience (required).
• Alabama Department of Insurance all lines adjuster license (preferred).
• Professional certification as applicable to line of business (preferred).
• Working knowledge of liability coverages; GL, AL, LEL, E&O, EPL, EBL, Cyber Liability, and Equitable Defense.
• Should possess strong negotiation skills and interpersonal skills.
• Excellent written and verbal communications skills.
• Excellent presentations skills with the ability to present in front of a variety of audiences.
• Experience retaining independent adjusters and monitoring their assignments a plus.
• Subject matter expert of appropriate insurance principles and laws for line-of-business handled.
• Must have experience with Medicare section 111 reporting, conditional payments, and set asides.
• Must have ability to work with minimal supervision.

DUTIES MAY INCLUDE:

• Responsible for liability and property claims intake and file set up for assigned lines of coverage, including consultation with Claims Director on appropriate coverage.
• Analyze, process and adjudicate complex or technically difficult liability and property claims including but not limited to general liability, law enforcement liability, employment practices liability, errors and omissions liability and cyber liability.
• Ability to recognize coverage issues and prepare coverage position letters.
• Investigate claims by interviewing Fund members, third party claimants, and witnesses; obtaining official reports; reviewing physical damage reports; and comparing liability and property claim information with the evidence collected.
• Calculate and assign timely and appropriate reserves to liability and property claims and manage reserve adequacy throughout the life of the claim.
• Coordinate vendor referrals for additional investigation.
• Manage liability and property claims through well-developed action plans that facilitate an appropriate and timely resolution.
• Manage the litigation process with client approved litigation guidelines and legal bill review.
• Manage the timely and accurate processing of liability and property claims payments, including settlements and other accounts payable.
• Negotiate settlement of liability and property claims within designated authority level and ensure timely and cost-effective liability and property claims resolution.
• Manage liability and property claims recoveries, including but not limited to subrogation and excess recoveries.
• Use appropriate cost containment techniques including strategic vendor partnerships to reduce overall cost of liability and property claims for our client.
• Work with outside vendor on Section 111 reporting, conditional payments, and Medicare set-asides.
• Responsible for reporting excess liability and property claims to reinsurers.
• Refer cases as appropriate to supervisor and senior management.

PHYSICAL REQUIREMENTS

• May be required to climb stairs, and ladders.
• Will be required to file, stand, reach, kneel or squat.
• May be required to drive for extended periods of time.

GREAT ORGANIZATION, COMPETITIVE STARTING SALARY + BENEFIT PROGRAM!! APPLY TODAY!