What are the responsibilities and job description for the Sr. Claims Specialist position at Richmond National Group, Inc?
The Senior Claims Specialist is a critical role in our growing Excess & Surplus lines Claims Department, with extensive growth opportunity given our company’s young age. We are in search of an entrepreneurial and innovative individual who will be responsible for directing all aspects of file handling from first notice to file closure. The Senior Claims Specialist will strategically partner with counsel, experts and vendors, all while driving optimal claim resolutions. The Senior Claims Specialist will analyze and determine coverage, manage the claim investigation, evaluate the overall claim value, communicate promptly with internal and external stakeholders, and pursue recoveries and risk transfer where warranted. Product lines include General Casualty, Excess Liability, Allied Health, Products Liability and Contractors Casualty.
Location: On-site in Henrico, VA
In this position you will:
- Thoroughly investigate and assess claims for coverage, liability and damages and pursue risk transfer, contribution and subrogation opportunities.
- Demonstrate an in-depth understanding of coverage issues, policy forms, contracts, regulatory requirements, and changing legal landscape for casualty claims.
- Proactively and promptly manage claims with a strategic vision for optimal claim outcome.
- Continually evaluate claims to set appropriate and timely reserves over the life of the claim to reflect changes in exposure.
- Demonstrate strong technical claims proficiency through consistent execution of best claim practices.
- Strategically coordinate and manage outside counsel and vendors to obtain optimal claim outcome.
- Present high exposure claims to Claims Leadership and Key Stakeholders.
- Attend settlement conferences as needed.
- Collaborate with internal and external business partners regarding product development.
- Work to improve claim efficiencies and outcomes.
