[Remote] Senior/Complex Claims Specialist, Financial Lines Management Liability

Note: The job is a remote job and is open to candidates in USA. Liberty Mutual has an immediate opening for a Senior Claims Specialist, Financial Lines Management Liability position. In this role, the Senior Claims Specialist handles a book of Private Company and Not-For-Profit Directors & Officers Liability claims and Employment Practices liability claims throughout the entire claim's life cycle. Responsibilities • Investigates, and evaluates the loss to determine coverage and claim disposition • Utilizes CMS to document claims and to diary future events or follow-up • Within prescribed settlement authority for line of business, establishes appropriate reserves for both indemnity and expense and reviews on a regular basis to ensure adequacy • Makes recommendations to set reserves at appropriate level for claims outside of authority level • Prepares comprehensive reports as required. Identifies and communicates specific claim trends and account and/or policy issues to management and underwriting • Manages the litigation process through the retention of counsel • Adheres to the line of business litigation guidelines to include budget, bill review and payment • Pro-actively manages the case resolution process • Actively participates in mediations and arbitrations, within limit of settlement authority • Participates in the claims audit process • Provides claims marketing services by meeting with brokers, risk managers and re-insurers, as necessary • As required, maintains insurance adjuster licenses Skills • Bachelors' and/or advanced degree • 5+ years claims/legal experience; or in a related field • Functional knowledge of claims handling concepts, practices and techniques, to include but not limited to coverage issues, and product line knowledge • Functional knowledge of law and insurance regulations in various jurisdictions • Demonstrated strong verbal and written communications skills • Demonstrated strong negotiation skills Benefits • Flexible Time Off Annual Accrual - days: 20 • Comprehensive benefits • Workplace flexibility • Professional development opportunities Company Overview • Liberty Mutual Insurance provides a broad range of insurance products and services. It was founded in 1912, and is headquartered in Boston, Massachusetts, USA, with a workforce of 10001+ employees. Its website is Apply tot his job