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Starr Adjustment Services, Inc.

Claims Manager, Risk Management

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What they do

A Risk Manager evaluates risk and recommends and manages strategies to mitigate or offset risks that could result in financial losses for a company or organization. Analyzes current risks and assesses potential new risks. Reviews contracts and insurance policies; prepares risk budgets. Communicates risk policies and procedures to staff at all levels of a company.

$111,000 / year median in Illinois

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Job Description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Preferred Location:
Chicago Alternate Locations:
Atlanta, Philadelphia, Houston or Dallas The Claims Manager, Risk Management will be responsible for:
  • Active oversight of claims currently managed by a Third Party Administrator as well as direct handling of an active inventory of primary and excess claims related to policies written out of the Risk Management Profit Center in various jurisdictions
  • Performing prompt coverage analysis and determination, investigation into liability and defenses, and timely reserve evaluations
  • Perform audits through claim systems and on-site visits
  • Required to attend mediations, settlement conferences, etc. to negotiate cost-effective settlements and attend trials on an "as needed" basis
  • Provide timely and meaningful information to underwriters, actuaries and reinsurers to update them regarding losses which could impact Starr's policies
Job Requirements :
Bachelors Degree required. JD preferred but not required 7 - 10 years of experience in handling general liability claims and/or relevant litigation experience Prior experience evaluating complex coverage issues related to CGL policies Experience working with and managing TPAs Demonstrated success managing litigation, evaluating and negotiating claims, involving both property damage and bodily injury exposures Customer focus with excellent interpersonal, written and verbal communication skills Detail oriented High degree of personal organization and time management skills Pro-active. Must have a sense of urgency Ability to prioritize and perform successfully in a fast-paced environment Proficiency in Microsoft Word and Excel Some travel is required and will vary depending on business needs and caseload #LI-LS1 Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.