Complex Claims Specialist - Architects and Engineer Liability
Job Description
CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them - and their family members - achieve their physical, financial, emotional and social wellbeing goals.
For a detailed look at CNA's benefits, check out our Candidate's Guide .
CNA is one of the premier providers of professional liability insurance. We currently have an opening for a claim professional to handle Architect and Engineer liability claims. These claims can be highly complex in nature, and can be valued in the multi-million dollar range. Insurance litigation and coverage interpretation/analysis experience strongly desired. We seek an individual who has attended mediations and negotiated settlements involving insurance claims. The average caseload for this claim professional will be approximately 140 files.
JOB DESCRIPTION:
Professional liability Claims Consultant position dedicated exclusively to the handling of claims against design professionals including Architects, Engineers, Surveyors and Construction Managers. New assignments require significant investigation and coordination due to their technical complexity. Utilizing corporate Claim policies and departmental guidelines, the claimsconsultant reviews coverage, secures and analyzes information in order to determine liability and substantiate damages, directs and controls litigation, and ultimately negotiates and settles claims.
P referred locations include: Tarrytown, NY, Boston, MA, Lake Mary, FL, Lisle or Chicago, IL and Wyomissing, PA, however, other locations near a CNA office will be considered.
Essential Duties & Responsibilities
- Manages highly complex investigations of claims, including coverage issues, liability, compensability and damages. Determines if a major claim should be settled or litigated and implements an appropriate resolution strategy accordingly. Effectively manages loss costs and claim expenses.
- Manages all types of investigative activity or litigation on major claims, including the posting of appropriate reserves in a timely manner. Coordinates discovery and litigation strategy with staff counsel or panel attorneys.
- Negotiates highly complex settlement packages, and authorizes payment within scope of authority, settling claims in most cost effective manner and ensuring timely issuance of disbursements.
- Coordinates third party recovery with subrogation/salvage unit.
- Makes recommendations on claims processes and resolution strategies to management.
- Analyzes claims activities; prepares and presents reports to management and other internal business partners and clients.
- Works with attorneys, account representatives, agents, doctors and insureds regarding the handling and/or disposition of highly complex claims.
- Keeps current on state/territory regulations and issues, industry activity and trends. May participate in industry trade groups.
- Provides guidance and assistance to less experienced claims staff and other functional areas.
- Responsible for input of data that accurately reflects claim circumstances and other information important to our business outcomes.
May perform additional duties as assigned.
Reporting Relationship: Manager or above.
Skills, Knowledge & Abilities
- Advanced technical and product specific expertise, claims resolution skill and knowledge of insurance and claims principles, practices and procedures.
- Strong communication, negotiation and presentation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
- Advanced analytical and problem solving skills, with the ability to manage and prioritize multiple projects.
- Ability to deal with ambiguous situations and issues.
- Creativity in resolving unique and challenging business problems.
- Advanced Knowledge of Microsoft Office Suite and other business-related software.
- Ability to adapt to change and value diverse opinions and ideas.
- Ability to manage and prioritize multiple projects.
- Ability to evaluate claims based on a cost benefit analysis.
- Ability to fully comprehend complex claim facts and issues; and to further articulate analyses of claims in presentations to business partners and management as well as in internal reports.
- Ability to implement strategies with a proactive long-term view of business goals and objectives.
Education & Experience
- Bachelor's degree or equivalent experience. Professional designation preferred.
- Typically a minimum 2-3 years claims experience.
#LI-MM1
#LI-Hybrid
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .
Date Posted
11/16/2022
Views
11
Similar Jobs
Sr. Software Engineer - OEMS Team - Enfusion
Views in the last 30 days - 8
Enfusion is a pioneer in developing innovative cloud investment management software analytics and managed services They help fund managers streamline ...
View DetailsIT Service Delivery Specialist - Green Thumb
Views in the last 30 days - 6
The job posting is for a Service Delivery Specialist who will provide technical support to GTI staff The successful candidate must be a highly motivat...
View DetailsFacility Design Specialist (6-month contract) - Life Fitness
Views in the last 30 days - 6
The text describes Life Fitnesss mission to connect people emotionally to their fitness journey and the job requirements for a Facility Design Special...
View DetailsMachine Learning Engineer - Oak Street Health
Views in the last 30 days - 8
Oak Street Health is a rapidly growing company that is looking for a machine learning engineer to support their production modeling efforts The compan...
View DetailsPhysical Security Intelligence Specialist - Tempus
Views in the last 30 days - 12
The job posting is for a security manager position at Tempus a company that uses AI to provide realtime insights to physicians The responsibilities in...
View DetailsSoftware Engineer 431407 - Experfy
Views in the last 30 days - 8
The job description is for a Software Engineer position that requires designing developing testing and deploying software systems and applications The...
View Details