Complex Claim Specialist, Financial Institutions
AmTrust Financial, New York, NY, United States
Complex Claim Specialist, Financial Institutions
Job Location: US
Overview Amtrust Financial Services, a fast-growing commercial insurance company, is seeking a Complex Claim Specialist to support our Financial Institutions claim team. This position can be located in one of our claims offices with the possibility of working remotely. The successful candidate will evaluate coverage, assess risk transfer opportunities, analyze liability and damages, manage litigation, negotiate, and ensure all files are appropriately reserved. This position reports to a line of business executive.
This role will require hybrid attendance in one of our AmTrust office locations.
Responsibilities
Recognize exposures and ensure reserving is appropriate and timely
Evaluate coverage issues and risk transfer opportunities
Complete a thorough, independent investigation with an understanding and utilization of available resources to fill in any gaps in understanding, i.e. internet, PACER, experts, etc.
Manage litigation by proper selection, planning, budgeting and partnership with counsel
Exhibit strong negotiation skills
Effectively communicate exposures both internally and externally
Responsible for formulating proper resolution strategy to ensure best claim outcome
The position will require periodic travel to attend meditations, trials and / or other related meetings
Perform other duties as assigned
Qualifications
Recognize exposures and ensure reserving is appropriate and timely
Evaluate coverage issues and risk transfer opportunities
Complete a thorough, independent investigation with an understanding and utilization of available resources to fill in any gaps in understanding, i.e. internet, PACER, experts, etc.
Manage litigation by proper selection, planning, budgeting and partnership with counsel
Exhibit strong negotiation skills
Effectively communicate exposures both internally and externally
Responsible for formulating proper resolution strategy to ensure best claim outcome
The position will require periodic travel to attend meditations, trials and / or other related meetings
Perform other duties as assigned
Salary The expected salary range for this role is $114K-$145K/year.
Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.
What We Offer AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.
AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.
Connect With Us! Not ready to apply? Connect with us for general consideration.
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Overview Amtrust Financial Services, a fast-growing commercial insurance company, is seeking a Complex Claim Specialist to support our Financial Institutions claim team. This position can be located in one of our claims offices with the possibility of working remotely. The successful candidate will evaluate coverage, assess risk transfer opportunities, analyze liability and damages, manage litigation, negotiate, and ensure all files are appropriately reserved. This position reports to a line of business executive.
This role will require hybrid attendance in one of our AmTrust office locations.
Responsibilities
Recognize exposures and ensure reserving is appropriate and timely
Evaluate coverage issues and risk transfer opportunities
Complete a thorough, independent investigation with an understanding and utilization of available resources to fill in any gaps in understanding, i.e. internet, PACER, experts, etc.
Manage litigation by proper selection, planning, budgeting and partnership with counsel
Exhibit strong negotiation skills
Effectively communicate exposures both internally and externally
Responsible for formulating proper resolution strategy to ensure best claim outcome
The position will require periodic travel to attend meditations, trials and / or other related meetings
Perform other duties as assigned
Qualifications
Recognize exposures and ensure reserving is appropriate and timely
Evaluate coverage issues and risk transfer opportunities
Complete a thorough, independent investigation with an understanding and utilization of available resources to fill in any gaps in understanding, i.e. internet, PACER, experts, etc.
Manage litigation by proper selection, planning, budgeting and partnership with counsel
Exhibit strong negotiation skills
Effectively communicate exposures both internally and externally
Responsible for formulating proper resolution strategy to ensure best claim outcome
The position will require periodic travel to attend meditations, trials and / or other related meetings
Perform other duties as assigned
Salary The expected salary range for this role is $114K-$145K/year.
Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.
What We Offer AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.
AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.
Connect With Us! Not ready to apply? Connect with us for general consideration.
#J-18808-Ljbffr