Wrap-Up Construction Claims Specialist (OCIP/CCIP)

Salary90000
LocationChicago
Job type Permanent
DisciplineCarrier
Reference144888

Job description

Wrap-Up Construction Claims Specialist (OCIP/CCIP)

Job Summary

Seeking a highly skilled and motivated Wrap-Up Construction Claims Specialist (OCIP/CCIP) to join a dynamic team. In this role, you will be responsible for investigating, evaluating, and resolving complex General Liability claims arising from construction projects covered under OCIP/CCIP programs. This position offers a hybrid work environment with flexibility for remote work for exceptional candidates. If you have a strong background in construction and general liability claims, coupled with expertise in wrap-up programs, encourage you to apply.

Compensation Package

  • Salary Range: $80,000 - $120,000 per year (based on experience and qualifications)
  • Bonus: Up to 10% of annual base salary, paid out annually

Responsibilities

  • Investigate, evaluate, and resolve complex General Liability claims related to OCIP/CCIP construction projects.
  • Analyze contracts, policy forms, and wrap-up program agreements to determine coverage and defense obligations.
  • Manage both litigated and pre-litigated claims, collaborating with defense counsel to develop effective resolution strategies.
  • Work closely with brokers, risk managers, and internal stakeholders to ensure claims are handled in line with best practices and service standards.
  • Evaluate liability and damages exposure, set accurate reserves, and approve settlements within authority levels.
  • Identify and mitigate potential coverage and indemnity issues involving insureds, subcontractors, and additional insureds.
  • Provide feedback to underwriting and risk control teams regarding claim trends, loss drivers, and program performance.
  • Maintain clear documentation, reporting, and communication with all involved parties.
  • Manage a caseload of 125-140 claims, with approximately 50% involving litigation.

Qualifications/Requirements

  • Bachelor’s degree required; CPCU, AIC, or JD preferred.
  • Minimum of 2 years of experience handling construction and general liability claims, with at least 1 year of direct Wrap-Up (OCIP/CCIP) experience.
  • Strong technical expertise in construction defect, bodily injury, and property damage claims.
  • Solid understanding of contractual risk transfer, indemnification agreements, and additional insured coverage.
  • Proven experience managing complex litigation and coordinating defense strategies.
  • Excellent negotiation, analytical, and communication skills.
  • Ability to independently manage a high-volume, complex caseload.

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