What are the responsibilities and job description for the Major Case Specialist, General Liability - Albany NY position at VetJobs?
Job Description
ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps.
Job Category
Claim
Compensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$104,000.00 - $171,700.00
Target Openings
1
What Is the Opportunity?
Be the Hero in Someone's Story
When life throws curveballs - storms, accidents, unexpected challenges - YOU become the beacon of hope that guides our customers back to stability. At Travelers, our Claims Organization isn't just a department; it's the beating heart of our promise to be there when our customers need us most.
As a Major Case Specialist, you are responsible for investigating, evaluating, reserving, negotiating, and resolving complex, serious and severe claims typically with full damage value for average claim $500,000 to over a multi-million dollar value.
You will serve as an expert technical resource to claim professionals, business partners, customers, and other stakeholders.
What Will You Do?
Oversee major General Liability claims from initiation to resolution, ensuring compliance with company policies and industry regulations.
Conduct detailed investigations to gather evidence, assess liability and determine extent of damages.
Evaluate claim information and documentation to make informed decisions regarding coverage and settlement.
Engage in negotiations with claimants, legal representatives, and other parties to achieve fair and equitable settlements.
Maintain comprehensive and accurate records of all claim activities, communications, and decisions.
Prepare and present detailed reports on claim status, trends and outcomes to senior management.
Work closely with legal, underwriting, and other departments to ensure coordinated claim handling.
Apply litigation management strategies through the selection of counsel and evaluation.
In order to perform the essential functions of this job, acquisition and maintenance of Insurance License(s) may be required to comply with state and Travelers requirements.
Generally, license(s) must be obtained within three months of starting the job and obtain ongoing continuing education credits as mandated.
Perform other duties as assigned.
Auto req ID
472315BR
Minimum Education Required
High School/GED
Job_Category
Insurance
Additional Qualifications/Responsibilities
What Will Our Ideal Candidate Have?
Bachelor’s Degree.
Ten years of experience in handling major General Liability claims and managing litigation and complex negotiations.
Extensive claim and/or legal experience and technical expertise to evaluate severe and complex claims.
Able to make independent decisions on most assigned cases without involvement of management.
Thorough understanding of business line products, policy language, exclusions, and ISO forms.
Demonstrated ability of strategic claims handling practices.
Strong written and verbal communication skills with the ability to understand, synthesize, interpret, and convey information in a simplified manner.
Familiarity with industry regulations and legal requirements specific to General Liability insurance.
Ability to work independently and manage multiple high-value claims simultaneously.
What is a Must Have?
High School Degree or GED required with a minimum of 4 years bodily injury litigation claim handling or comparable claim litigation experience.
City*
Albany
State*
New York
Job Code
Ins Insurance
Affiliate Sponsor
Travelers Insurance
ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps.
Job Category
Claim
Compensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$104,000.00 - $171,700.00
Target Openings
1
What Is the Opportunity?
Be the Hero in Someone's Story
When life throws curveballs - storms, accidents, unexpected challenges - YOU become the beacon of hope that guides our customers back to stability. At Travelers, our Claims Organization isn't just a department; it's the beating heart of our promise to be there when our customers need us most.
As a Major Case Specialist, you are responsible for investigating, evaluating, reserving, negotiating, and resolving complex, serious and severe claims typically with full damage value for average claim $500,000 to over a multi-million dollar value.
You will serve as an expert technical resource to claim professionals, business partners, customers, and other stakeholders.
What Will You Do?
Oversee major General Liability claims from initiation to resolution, ensuring compliance with company policies and industry regulations.
Conduct detailed investigations to gather evidence, assess liability and determine extent of damages.
Evaluate claim information and documentation to make informed decisions regarding coverage and settlement.
Engage in negotiations with claimants, legal representatives, and other parties to achieve fair and equitable settlements.
Maintain comprehensive and accurate records of all claim activities, communications, and decisions.
Prepare and present detailed reports on claim status, trends and outcomes to senior management.
Work closely with legal, underwriting, and other departments to ensure coordinated claim handling.
Apply litigation management strategies through the selection of counsel and evaluation.
In order to perform the essential functions of this job, acquisition and maintenance of Insurance License(s) may be required to comply with state and Travelers requirements.
Generally, license(s) must be obtained within three months of starting the job and obtain ongoing continuing education credits as mandated.
Perform other duties as assigned.
Auto req ID
472315BR
Minimum Education Required
High School/GED
Job_Category
Insurance
Additional Qualifications/Responsibilities
What Will Our Ideal Candidate Have?
Bachelor’s Degree.
Ten years of experience in handling major General Liability claims and managing litigation and complex negotiations.
Extensive claim and/or legal experience and technical expertise to evaluate severe and complex claims.
Able to make independent decisions on most assigned cases without involvement of management.
Thorough understanding of business line products, policy language, exclusions, and ISO forms.
Demonstrated ability of strategic claims handling practices.
Strong written and verbal communication skills with the ability to understand, synthesize, interpret, and convey information in a simplified manner.
Familiarity with industry regulations and legal requirements specific to General Liability insurance.
Ability to work independently and manage multiple high-value claims simultaneously.
What is a Must Have?
High School Degree or GED required with a minimum of 4 years bodily injury litigation claim handling or comparable claim litigation experience.
City*
Albany
State*
New York
Job Code
Ins Insurance
Affiliate Sponsor
Travelers Insurance
Salary : $104,000 - $171,700