Senior Claims Analyst

Essential Functions

• Investigates and evaluates coverage, liability, and damages issues.
• Evaluates and recommends adequate reserves for claims.
• Pursues and maximizes risk transfer opportunities through contract or insurance policy language.
• Serves as a mentor and guide to less experienced claim analysts.
• Reviews loss notices; confirms and interprets policy coverages; establishes adequate reserves; and investigates and handles claims involving primary, umbrella, and excess policies.
• Assigns and manages the work of defense counsel, assignment of expert witnesses, and interfaces with peer carriers, including design and execution of defense and indemnity contracts, evaluation of liability and damages, and participation in settlement negotiations.
• Maintains proper file setup, reserving, general handling, and application of company procedures.
• Participates in developing claims handling strategy, including defense coordination, litigation strategy, and budgets, and expense control.
• Records specific claims information and reports as appropriate to a manager relative to pertinent financial and general statistical records.
• Maintains diary control, investigates, analyzes, and reports to ensure maintenance of proper reserves to reflect the company's exposure and reports to the Reinsurance Department to assist in providing notice to reinsurers and the Reinsurance Department's recovery of specific amounts when payment exceeds the company's retention.
• Handles large volumes of diverse and dynamic claims effectively.
• Assists in Due Diligence inquiries as assigned.

Experience

Minimum of 5 years of claims handling experience or a related field.

Education

• A Four-year college degree required or equivalent work experience.
• PREFERRED: JD, CPCU, SCLA, CCLA.

Supervisory Role

Schedule, assign, and review the work of others in compliance with specific instructions.

Travel

As required, based upon business needs.

Work Environment / Physical Demands

This position operates in a professional, collaborative environment and must have the ability to timely produce thorough, accurate work with many competing demands, deadlines, and distractions. The position uses standard equipment such as phones, computers, copiers/printers, and filing cabinets. Noise level is moderate.

Other Duties

RiverStone retains the right to change or assign other duties to this position as needed, or other duties or responsibilities may change or be assigned as needed.