Jobs · Management · Illinois

Claims Major Case Director

IAT Insurance Group · Naperville, IL · 1 mo ago
Management$93k–$130k/yrFull-time

Responsibilities

  • Handles highly complex exposure claims based on Claim Guidelines.
  • Selects, directs and manages defense counsel including approval of budgets.
  • Develops litigation/file disposition strategy.
  • Attends mediations, settlement conferences and trials.
  • Reports to reinsurers as required by reporting guidelines.
  • Affixes All Time Limit Demands to be escalated to management.
  • Assists Sr. Claim specialists with analysis of claim issues as needed.
  • Verifies/analyzes applicable coverage for the reported loss.
  • Establishes 24-hour contact and maintain appropriate contact with all involved stakeholders throughout the life of the claim file.
  • Investigates each claim by gathering information, conducting interviews, taking statements, conducting website research as needed, reviewing and analyzing reports and related bills.
  • Identifies and addresses subrogation/contribution/SIU opportunities.
  • Sets accurate/timely loss/expense reserves in compliance with Claim Guidelines.
  • Negotiates directly with claimants and claimant attorneys upon receipt of critical information.
  • Drafts correspondence, including but not limited to, coverage letters to stakeholders as required.
  • Maintains resident/nonresident adjuster licenses as required.
  • Performs other duties as assigned.

Qualifications

  • Bachelor’s degree with a minimum of 12 years of claims handling experience in the insurance industry or equivalent.
  • At least 8 years General Liability claim experience as well as Commercial Auto handling, which focused on claims with an exposure of $250,000 or more including both primary and excess losses.
  • Excellent coverage analysis skills with experience in drafting coverage position correspondence.
  • Extensive experience working with general liability, construction defect, garage, commercial trucking as well as identifying coverage issues.
  • Experience handling litigated files and direction of defense counsel.
  • Excellent negotiation skills which would be handled primarily by the file handler.
  • Able to travel, average 4 days a month.
  • Licensure as required by respective states.
  • Able to analyze data, utilize sound judgment to draw conclusion and make supported decisions.

Preferred To Have

  • CPCU and other insurance related studies.
  • Construction Defect claim handling experience.

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