What are the responsibilities and job description for the Home Office Claims Analyst position at MSIG North America?
MSIG US continues to grow!
Responsible for the handling of complex claims (coverage issues, high exposure severity claims and some moderate claim matters). Ensures compliance with all MSMM claim handling procedures, guidelines and manuals and other special unit procedures, as developed. Provides timely claim handling and service, timely compliance with case reserve practices, Fair Claim Practices Acts, and other compliance policies as adopted by MSMM.
Essential Functions:
- Investigates, researches and analyzes moderate to highly complex or severe claims, including litigation, coverage issues and legal issues affecting liability and damages.
- Accountable for establishing and authorizing timely and adequate case reserves within delegated reserve/settlement authority and provides appropriate recommendations to Senior Management where reserve evaluation exceeds delegated authority.
- Attends pre-trials, trials, settlement conferences, mediations and other meetings on assigned cases as required
- Assigns lawsuits to approved defense counsel; directs and monitors quality and performance of approved defense counsel. Maintains compliance with all requirements of the company’s Litigation Management Program. Reviews and adjusts, where appropriate, fee bills and legal expenses for accuracy and reasonableness.
- Maintains regular reporting of case status, developments and direction to Home Office staff, MSI Japan, Reinsurers and other appropriate parties as necessary. Ensures appropriate hard copy file reports and system documentation as required by company claim manuals and procedures.
- Assists the Director of Liability Claims and the Chief Claim Officer in the completion of Audits as necessary.
- Participates in miscellaneous associations; trade groups to remain up to date in all regulatory, coverage and industry affairs.
- Participates and/or manages special projects and assignments as needed.
Supervisory Responsibilities:
This position has no supervisory responsibilities
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and Experience Required:
- Bachelor's degree (B. A.) from four-year College or university is required. JD is a plus
- 7 years liability claims experience
- 5 years related Insurance Litigation experience
- Experience handling Long term environmental claims required
It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
It is the policy of MSIG-USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG-NA will provide reasonable accommodations for qualified individuals with disabilities.
It is the policy of MSIG-USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG-NA will provide reasonable accommodations for qualified individuals with disabilities.