Complex Claims Specialist

Description

WHO WE ARE:

Harford Mutual Insurance Group is a growing, dynamic mutual insurance carrier providing commercial property and casualty insurance products and services to a regional market. Headquartered in Harford County, Maryland, Harford Mutual offers a positive, diverse, and inclusive work environment with a rich company culture. Founded in 1842 on the principles of mutuality, we believe in insuring opportunity through mutual success® for our policyholders, agents, communities, and employees, and invite our employees to continue that tradition with respect, integrity, exemplary service, and personal responsibility.

THE OPPORTUNITY:

This position is responsible for directly handling or supervising casualty claims in suit or that present a significant claim exposure. The incumbent will manage defense counsel, provide technical support to the casualty unit, participate in complex exposure analysis and strategies, and subject matter expert to other business units outside the claims department.

LOCATION:

In-Person/Hybrid (Bel Air, MD Office)

WHAT YOU’LL DO:

• Technical oversight of complex casualty claims
• Direct claim handling of complex claims, typically in excess of $250,000.
• Actively coordinate claim file reviews with insured and agent.
• Provide mentorship and guidance to claims staff on complex casualty claims.
• Maintain lawsuit record keeping; Attend trials, settlement conferences and other discovery processes.
• Participates in complex exposure analysis and strategies.
• Monitor defense counsel adherence to litigation procedures.
• Negotiate settlements; Reduce and monitor number of open lawsuits.
• Devise and implement Alternative Dispute Mechanisms.
• Develop and implement litigation expense reduction methods.
• Perform field investigation where necessary.
• Review and establish appropriate reserves.
• Provide necessary information to reinsurers and affiliates.

WHAT YOU’LL BRING:

• Minimum four-year degree or comparable work experience; JD is a plus
• Minimum of 12 years industry experience
• Completion CPCU, AIC, SCLA or equivalent
• Knowledge and understanding of litigation process.
• Ability to understand and analyze insurance coverage.

BENEFITS:

Most new hires fall within this range and have the opportunity to earn more over time. Initial placement within the salary range, however, is based on an individual's relevant knowledge, skills and experience for the position.

Base salary is only one component of our competitive Total Rewards package. To learn more, please visit the Perks & Benefits on our website.

Qualifications

Salary : $94,760 - $136,218