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Senior Technical Specialist
Job Description
Senior Technical Specialist
Senior Technical Specialist The Travelers Indemnity Company Baltimore, United States Save Posted 19 hours ago Permanent Competitive Senior Technical Specialist The Travelers Indemnity Company Baltimore, United States Save Senior Technical Specialist Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and w you do it. Job Category Claim Compensation Overview The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. Salary Range $94,400.00
- $155,800.
00 Target Openings 1 What Is the Opportunity? We are looking for a motivated and enthusiastic team player with industry experience to join our Strategic Resolution Group Claim team as a Sr. Technical Specialist handling complex toxic tort, latent injury, sexual misconduct, environmental claims and/or excess claims that present significant financial exposures. With general supervision, you will manage challenging large exposure claims which routinely present unique, complex liability and coverage issues. You will develop strategies to successfully resolve these claims in the most efficient and effective way while meeting established protocols and delivering optimal customer service. You will apply your advanced knowledge of legal issues and applicable case law in multiple jurisdictions. Provides mentoring, coaching, consulting, and training resources, and serves as a contact and technical resource to the field and our business partners. Assists with interviewing and hiring and training of junior employees. What Will You Do? In the handling large exposure claims, your responsibilities may include: Coverage Research and Analysis
- Responsible for researching the existence of policies that may have been issued by multiple legacy companies and analyzing coverage. knowledge of relevant legal concepts in applicable jurisdictions. Prepare coverage recommendations and present to management. Effectively communicate coverage positions to policyholders or their representatives. Liability Investigation and Analysis
- Conduct thorough investigation and analysis of claim facts to determine liability. knowledge of relevant legal concepts in jurisdiction to evaluate damages and develop recommendation of appropriate course of action. Litigation Management
- Proactively develop and a strategic file management plan that achieves optimal file resolution, including as appropriate: research and recommendation of counsel; litigation and resolution strategies; management of loss adjustment expenses; engagement of appropriate experts; use of proper settlement and release terms.
critical and strategic thinking in managing files and accounts. Attend meetings with counsel, settlement conferences, mediations and trials. Account Management
- an in-depth knowledge and understanding of assigned accounts in actions and decisions.
Maintain effective working relationships with other account contacts. Ensure claims and settlement agreements are handled in a consistent manner. Responsible for decisive and broad reaching regular communication and reporting to coordinate / align actions on assigned accounts. Take a leadership role in meetings, presentations and negotiations with other account contacts. Financial Analysis
- Estimate financial exposures on an individual claim and account basis. Develop budgets and financial analyses, maintain appropriate defense and indemnity estimates. File Maintenance and Administrative Compliance
- Maintain well-documented and organized claim files.
Maintain proficiency SRG claim systems and databases. Ad to applicable requirements for data accuracy. Efficiently manage file inventory.
Benefits
- Dental Insurance
Career Insights for Claims Representative
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Scorecard
Based on Maryland data
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What they do
A Claims Representative accepts and reviews applications for insurance and provides information to insurance agents. Assists insurance customers, answers questions and processes requests to change or cancel policies. May assist with insurance claims that are disputed, review claims and policy coverage and help to negotiate agreements between customers and an insurance company.
$60,450 / year median in Maryland
+3% projected growth