What are the responsibilities and job description for the Claims Executive - GenStar position at Gen Re Corporation?
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GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitted) and General Star National Insurance Company (admitted) paper (collectively, the GenStar companies). The GenStar companies conduct business through a select group of wholesale brokers, managing general underwriters (MGUs), and program administrators in the United States. The GenStar companies are members of the Berkshire Hathaway Family of Companies.
GenStar currently offers an excellent opportunity for a Claims Executive based in our Stamford office. This is a hybrid role.
Role Description
The Claims Executive is responsible for handling litigated and non-litigated professional claims including but not limited to legal and medical malpractice from inception to closure in accordance with the Company’s and the Industry’s best claims practices.RESPONSIBILITIES:
• The Claims Executive will be responsible for providing high level technical claim handling and support to GenStar clients and insureds. Specifically, the Claim Executive mitigates losses, addresses and resolves coverage issues and when appropriate, provides guidance and advice to internal and external clients and insureds.
• The Claims Executive handles all claims in a proactive manner properly addressing all coverage issues, liability and damages to timely set reserves and mitigate the exposures.
• The Claims Executive prepares prompt, thorough and articulate reports for clients, insureds and management and provides GenStar underwriters with valuable client information and intelligence.
• The Claims Executive maintains adjuster licenses where required, is current with all continuing education requirements and attends internal and external industry-related educational programs.
• The Claims Executive adheres to the Company’s technical and administrative standards/guidelines and remains current on industry standards/guidelines and legal decisions that impact claim handling and exposures.
• The Claims Executive attends settlement conferences and/or mediations, ADR (Alternative Dispute Resolutions) and trials as warranted.
• The Claims Executive is expected to travel as necessary and as required by the Company.
Role Qualifications and Experience
• A minimum of 8 years insurance technical claim handling experience.• Undergraduate college degree.
• Demonstrates excellence in:
o Verbal and written communications;
o Time management;
o Claims judgement;
o Business acumen;
o Organizational skills;
o Interpersonal skills; and
o Analytical skills.
•Industry designations/course work a plus
Salary Range
106,000.00 - 178,000.00 USDThe annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
Our Address
120 Long Ridge Road
Stamford, CT 06902 (US)
At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability, marital status, liability for service in the armed forces, veterans’ status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
