Specialty Claims Specialist Position Available In Middlesex, Massachusetts

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Company:
Central Mutual Insurance Co
Salary:
JobFull-time

Job Description

Specialty Claims Specialist Central Mutual Insurance Company – 3.5

Waltham, MA Job Details Full-time Estimated:

$92.6K – $134K a year 6 hours ago Qualifications 6 years Management Litigation Bachelor’s degree Risk management Mediation Alternative dispute resolution Business Administration Senior level Business Communication skills

Negotiation Full Job Description Location:
Hybrid Work Model- Alpharetta, GA:

Waltham, MA; Irving, TX; Van Wert, OH; Dublin, OH Join our dynamic team as a Specialty Claims Specialist and step into a high-impact role where your expertise in environmental, toxic tort, and mass tort claims will drive strategic outcomes. You’ll manage intricate, long-tail exposures across multiple jurisdictions, collaborate with legal and industry experts, and serve as a subject matter authority. If you’re passionate about complex litigation, coverage analysis, and delivering exceptional results, this is your opportunity to make a difference. How You Will Make an Impact Investigate, evaluate, negotiate and resolve

Specialty Claims:

(e.g., environmental; toxic tort; abuse/sexual offenses; class actions; CGL Coverage B; EPLI; complex, multi-unit or class action construction defect claims; etc.) Technical responsibilities may include management of primary casualty, umbrella/excess casualty, complex multi-unit or class action construction defect, environmental/pollution/toxic tort, abuse/sexual offenses, employee practice liability, and class action litigation Develop and maintain excellent rapport with our agency force, insureds, claimants, experts, attorneys, and internal customers Attend depositions, mediations, settlement conferences and trials as needed Provide proactive customer service throughout the life of the file by appropriately setting expectations, building rapport, and responding to requests timely Contribute to Team NPS results Monitor and collaborate with defense counsel on the development of litigation and resolution strategy throughout the litigation process Thorough review of defense budgets and expenses in an effort to control defense costs Set accurate reserves in a timely manner and continually review in the context of ultimate probable exposure Comply with Best Practice Playbook Manage paid losses appropriately; pay what is fair and owed, settle claims at the optimal time in the life of the claim file Demonstrate effective and efficient file management through swift resolution of files that warrant settlement Retain approved or preferred suppliers whenever possible. Properly manage non-legal expenses Report to senior management and underwriters on claims trends and developments What You Will Bring Must possess or secure and maintain appropriate state adjuster licenses and continuing education credits Bachelor’s Degree in Business Administration, Risk Management or related field and 6 years of insurance experience including the handling of high complexity, high severity claims, including those noted as Specialty Claims in the Essential Job Functions section above Or 8 years of insurance experience including the handling of high complexity, high severity claims, including those noted asSpecialty Claims in the Essential Job Functions section above Ability to travel overnight up to 20% Preferred Litigation and Mediation Management experience Adjudicate highly authority complex claims at the highest authority limits on assignments reflecting the highest degree of technical complexity in liability and litigated claims potentially with major impact on departmental results Possesses analytical and problem-solving skills Ability to investigate and evaluate complex liability claims Ability to analyze available information and make effective decisions Ability to evaluate damages and negotiate fair settlements Possesses excellent organizational and written communication skills, including negotiation, presentation, and influence skills Work Authorization Central will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1(including those with OPT or CPT) , H-1, H-2, L-1, B, J or TN, or who need sponsorship for work authorization now or in the future, are not eligible for hire. Equal Opportunity Employer It is the policy of Central that all recruiting, hiring, training, compensation, overtime, job classification and assignment, facilities, promotions, transfers, employee treatment and all other terms and conditions of employment shall be maintained in a manner which will not discriminate against any person because of race, color, age, sex, national origin, ancestry, religion, marital status, military status, or disability. The applicant should respond to questions on this application in a way that will not divulge such information.

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