General Liability Claim Specialist

Description:RESPONSIBILITIES: 1. Reviews and administratively sets-up CL General Liability claims in software tracking system and writes or revises the brief description of loss to ensure that it accurately reflects the actual circumstances. 2. Assesses policy coverage for submitted claims and notifies the insured of any issues; determines and establishes reserve requirements, adjusting reserves, as necessary, during the processing of the claim. 3. Plans and conducts investigations of claims (including such activities as interviewing insureds, witnesses and claimants, collecting and evaluating appropriate documentation and securing evidence and protecting the chain-of-custody) to analyze and confirm coverage and to determine liability, compensability and damages; determines need for, and requests authorization to engage, independent adjusters, cause and origin experts and independent medical examiners. 4. Determines and documents, during the investigation process, the potential for subrogation, identifying applicable tort feasors and promptly placing them "on notice" of claim; refers claims to subrogation group upon recognition of potential recovery.5. Evaluates claims for potential fraud and makes referrals to the Special Investigations Unit as appropriate. 6. Assesses actual damages associated with claims and conducts negotiations, within assigned authority limits, to settle claims. 7. Alerts underwriting, marketing and/or risk management regarding questionable risks encountered to ensure that potential hazards are clearly documented.8. May participate on ad-hoc catastrophe (CAT) teams to expedite claims processing and/or the 24-hour on-call service program.9. Performs other duties as assigned.Qualifications:EDUCATION: BS/BA degree or equivalent work experience EXPERIENCE: Minimum of three years experience in CL General Liability claims adjustment, general insurance or formal claims training. May be required to be licensed in states serviced. Continuing education courses leading to industry certifications preferred (e.g., AEI, IIA, CPCU). Knowledge of claims investigation techniques, medical terminology and legal aspects of claims. This position will be located in Springfield Mass.Salary/Benefits: > $50,000We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following: 401K and retirement plan, Accidental death & dismemberment insurance, Credit Union membership, Dental coverage, Dependent life insurance, Disability insurance, Discounts on automobile and homeowner?s insurance, Employee life insurance, Long-term care insurance, Medical coverage, Paid time-off, Pay-for-Performance, Reimbursement accounts, Tuition reimbursement, Vision care coverage, and Work/Life resources.Job Location: Springfield, MAJob Number: RUSALMUT94123-593583Company URL: http://www.peerless-ins.comCompany Profile:About Liberty Mutual Group Boston-based Liberty Mutual Group is a diversified global insurer and sixth largest property and casualty insurer in the U.S. based on 2006 direct written premium. The Company also ranks 95th on the Fortune 500 list of largest corporations in the U.S. based on 2006 revenue. As of December 31, 2007, Liberty Mutual Group had $94.7 billion in consolidated assets, $82.3 billion in consolidated liabilities, and $25.9 billion in annual consolidated revenue. Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, assumed reinsurance, fire and surety.Liberty Mutual Group (www.libertymutual.com) employs over 40,000 people in more than 900 offices throughout the world.