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Claims Specialist - Construction Defect & General

Job Snapshot
Location:
Schaumburg, IL 60173 (map it!Map it! )
Employee Type:
Full-Time
Industry:
Insurance
Manages Others:
Not Specified
Job Type:
Insurance
Education:
4 Year Degree
Experience:
Not Specified
Travel:
None
Post Date:
10/30/2009
Contact Information
Ref ID:
PCK342-84983
Description Position ID: 20849

Position Title: Claims Specialist - Construction Defect & General Liability

Min Education Desired: Bachelors Degree

Travel Percentage: Minimum

Relocation: No

Job Summary:
Under technical supervision, handles construction defect commercial insurance claims of low to medium exposure and complexity within specific limits and authority. Verifies applicable coverage and liability. Sets appropriate reserves within authority level. Manages low-level litigation. Handles multi-party claims. Negotiates settlements within authority limit. Hires counsel; oversees litigation; negotiates litigation settlements. Serves as a mentor to lower level claims associates. Develops and maintains positive customer relationships; anticipates customer needs and monitors trends in order to recommend changes.

Job Qualifications:
High School Diploma or Equivalent

5 or more years of Commercial Claims handling experience.

3 or more years General Liability claims handling experience needed.

In-depth knowledge of the insurance industry, claims, and the insurance legal and regulatory environment

Possesses a functional and developing knowledge of the legal statutes and procedures

Displays a thorough functional knowledge and skill of construction defects insurance claims handling

Coverage and case law knowledge

Proficient computer skills

Verbal and written communication skills

Problem solving skills

PREFERRED QUALIFICATIONS:

Bachelors Degree or Equivalent

Construction Defect claims handling experience highly preferred

Active state required license
Requirements .

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