Liberty Mutual Holding Company Inc logo

Technical Claims Specialist

Liberty Mutual Holding Company Inc
  • Hoffman Estates, IL
    1 day ago
    Liberty Mutual Holding Company Inc

    Job Description

    Description

    Under limited supervision and established practices, the Technical Claims Specialist is responsible for the investigation, evaluation, and disposition of Complex Unit Auto and General Liability cases of moderate to high exposure.

    Responsibilities:

    • Investigate, evaluate, and manage complex environmental claims from initial notice through resolution.
    • Analyze policy language, coverage issues, exclusions, conditions, and applicable environmental liability provisions.
    • Coordinate with defense counsel, coverage counsel, environmental consultants, and other specialists
    • Investigates claims to determine whether coverage is provided, establish liability and verify damages. Resolves claims within authority and makes recommendations regarding case value and resolution strategy to Branch Office Management and HO Examining on cases which exceed authority.
    • Works closely with staff and outside defense counsel in managing litigated files according to established litigation management protocols.
    • Identifies and appropriately handles suspicious claims.
    • Identifies and appropriately handles claims with third party subrogation potential.
    • Establishes and maintains accurate reserves on all assigned files. Makes timely reserve recommendations to Branch Office Management and HO Examining on cases which exceed authority.
    • Prepares for and attends mediation sessions and/or settlement conferences and negotiates on behalf of LMG and LMG Insureds.
    • Monitors trials and reports daily to Branch Office and HO Examining. Makes recommendations regarding strategy based upon developments.
    • Confers directly with policyholders on coverage and resolution strategy issues.
    • Establishes and updates -Action Plans- on assigned claims which clearly reflect file status and disposition strategy.
    • Participates in training sessions for less experienced staff.

    Qualifications

    • Solid understanding of Complex Unit Auto and General Liability claims handling techniques and a working knowledge of LMG Claims procedures and demonstrated the ability to communicate effectively.
    • A Bachelor's Degree or equivalent business experience is required.
    • In addition, the candidate will generally possess 4-5 years of related claims experience.

    About Us

    Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

    At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

    We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits

    Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran''s status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

    Fair Chance Notices

    • California
    • Los Angeles Incorporated
    • Los Angeles Unincorporated
    • Philadelphia
    • San Francisco

    Numbers & Facts

    LocationHoffman Estates, IL
    IndustryInsurance
    Company Size10,000 employees or more
    Websitehttps://www.libertymutualgroup.com/about-lm/corporate-information/our-business

    About Company

    At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.


    In business since 1912, and headquartered in Boston, today we are the eighth largest global property and casualty insurer based on 2023 gross written premium. We also rank 87th on the Fortune 100 list of largest corporations in the US based on 2023 revenue. As of December 31, 2023, we had $49.4 billion in annual consolidated revenue.


    We employ over 40,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.

    Skills

    • Claims Managementunmatched
    • Claims Processingunmatched
    • Communication Skillsunmatched
    • Compensation and Benefitsunmatched
    • Conferencesunmatched
    • File Managementunmatched
    • Litigationunmatched
    • Negotiation Skillsunmatched
    • Office Managementunmatched
    • Policy Analysisunmatched
    • Problem Solving Skillsunmatched
    • Subrogationunmatched
    • Time Managementunmatched

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