Claims Representative - Executive Liability Division

Essential Job Functions and Responsibilities

• As a member of our Claims Department, you will be responsible for handling an inventory of claim files. Duties may include:
• Demonstrates functional analytical, negotiation, and problem-solving skills; ability to organize and prioritize caseload; strong interpersonal and communication skills; ability to handle confidential information with discretion.
• Performs detailed analysis of each claim.
• Evaluates coverage and liability, issues written coverage opinions and monitors all aspects of the file while working toward resolution of the claim; including hiring, monitoring and paying defense counsel.
• Develops and implements claim litigation and resolution strategies.
• Maintains accurate and detailed claim files, including all correspondence, reports and settlement agreements.
• Provides information to underwriters and reinsurers on specific claims or insureds and legal trends and issues which affect the business.
• Secures and analyzes necessary information (i.e., reports, policies, appraisals, releases, statements, records, or other documents) in the investigation of claims.
• Attends arbitrations or mediations as necessary.
• May affect settlements / reserves within prescribed limits and submit recommendations where applicable.
• Ensures that claims handling is conducted in compliance with applicable statutes, regulations, and other legal requirements, and that all applicable company procedures and policies are followed.
• May provide technical advice to other functional areas.
• Other duties as assigned.

Job Preferences

Business Unit

Benefits

• We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.
• Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers .