Job description
A leading Property and Casualty Insurer is looking for a Litigation Adjuster – Construction Specialist to join their growing Claims Legal Team.
The Litigation Adjuster – Construction Specialist will become part of a dedicated team focusing on New York Labor Law, construction defect and/or third-party property damage claims. This position interacts extensively with internal colleagues as well as policyholders, agents, attorneys and a multitude of claim-related service providers.
Essential Duties and Responsibilities:
- Cultivating relationships with claims and other internal staff, policyholders, attorneys, agents and a variety of service providers and experts all while working towards achieving the most optimal outcomes.
- Providing a high level of customer service while managing a portfolio of complex and high exposure litigated claims involving complex liability and damage issues.
- Evaluating coverage by interpreting/applying policy language to claim facts and preparing appropriate and timely coverage position letters.
- Conducting and directing timely and quality claim investigation, evaluation and equitable settlement of all assigned claims.
- Ensuring timely and accurate reserves consistent with established reserving philosophy and practices.
- Negotiating fair and equitable settlements directly with attorneys.
- Identifying risk transfer opportunities through trade contracts and/or applicable law.
Qualifications & Skills:
- Qualified candidates will have a 4-year degree or equivalent work-related experience.
- A minimum of 3 years’ experience handling New York Labor Law, construction defect and/or third-party property damage claims.
- Candidates with a JD and insurance defense experience looking for a new career path are encouraged to apply.
- Ability to oversee and manage defense counsel, select and retain appropriate experts and develop appropriate resolution strategies.
- Professional designations or working towards industry specific designations are a plus.
- Exceptional organization, negotiation, verbal and written communication skills are required.
Compensation:
- $70,000-$110,000 (depending on experience and location) + annual bonus opportunities
- Competitive benefits package, paid time off, professional development opportunities, etc.
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