Job Description
Note:
The job is a remote job and is open to candidates in USA. Selective Insurance is a midsized U.S. domestic property and casualty insurance company with a strong history of financial performance. They are seeking an Excess & Surplus Lines Claims Technical Specialist to handle construction defect claims, focusing on investigation, coverage analysis, negotiation, and litigation management to ensure positive outcomes for customers and the company. Responsibilities • Effectively evaluate and identify coverage issues for named insureds facing claims for construction defects.
Elevate coverage issues as appropriate to management • Investigate claims through phone, written correspondence, etc. with claimants, attorneys, insureds, brokers, and others having pertinent information • Identify and enforce risk transfer opportunities to co-carriers of the named insured and for carriers of subcontractors with contractual indemnity and additional insured obligations, if applicable • Effectively communicate task and fee/bolthires expectations with vendors and attorneys and enforce compliance with those expectations • Timely analyze information to evaluate and determine the extent of loss, taking into consideration covered v.
uncovered damages, liability, risk transfer, time on risk and litigation costs • Effectively evaluate, negotiate, and resolve claims within delegated authority • Provide required reports to claims, underwriting, reinsurance and actuarial on significant exposure cases • Report on all cases going to trial on a timely basis and attend portions of trials when warranted or requested by management • Ensure proper referrals and timely updates to appropriate Reinsurer(s) • Communicate with all levels of management, when appropriate • Must have a valid driver’s license Skills • Superior communication and strategic negotiation and claim disposition skills along with proven problem-solving skills • Proficient in analyzing coverage and drafting coverage letters • Ability and willingness to delineate bolthires expectations to vendors and outside counsel and enforce compliance is an absolute requirement • Excellent presentation skills • Ability to work independently in a paperless environment • Eagerness to participate and collaborate in team meetings, both on-line and in person to share experience and foster continuous improvement for better claim outcomes • Ability to compose professional and accurate correspondence, including reservation of rights and disclaimer letters • Proficiency with standard business-related software (including bolthires Outlook, Work Excel, and PowerPoint) • Multi-State licensing • 7+ years' experience (if no college degree) 4+ years' experience (with a degree) handling construction defect claims that involve complex coverage analysis • Must have a valid driver's license • College degree preferred but not required • Some experience with E&S claims preferred but not required Benefits • Comprehensive health care plans • Retirement savings plan with company match • Discounted Employee Stock Purchase Program • Tuition assistance and reimbursement programs • 20 days of paid time off Company Overview • At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected.
It was founded in 1926, and is headquartered in Branchville, New Jersey, USA, with a workforce of 1001-5000 employees. Its website is Apply tot his job