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Claims Manager

Sovereign Claims, LLC

Claims Manager

Brooklyn, NY +1 location
Full Time
Paid
  • Responsibilities

    Job Description

    KEY RESPONSIBILITIES:

    • Manage all phases of the claims for New York bodily injury and property damage lawsuits from intake and investigation through litigation and resolution by mediation or other settlement

    • Participate in negotiations, conferences and mediations with adjusting companies, outside legal counsel, staff, claimants, brokers, insureds, carrier and other involved parties

    • Useknowledge of construction and CGL insurance practices in the New York construction market, particularly as driven by risk transfer and avoidance strategies of insurers that are related to New York's Labor Law vicarious liability statutes, to successfully shift duty to defend and indemnify to downstream contractors and carriers.

      • Supervise, train and develop staff to ensure claims are processed in accordance with company policies and procedures
        • Conduct coverage analysis on new and existing matters. Draft coverage opinions in collaboration with Claims Counsel
        • Establish appropriate loss estimates based on all relevant information and findings and recommend reserves.
        • Draft and complete claims management status reports or the equivalent to clients on a quarterly basis, or as needed.
        • Manage and gather data as well as oversee the process for reporting on monthly Bordereau
        • Make timely and accurate file notes and time and expense records as required
        • Oversee the claims and risk management processing systems
        • Assist the President, VP Claims/Claims Counsel and the team in all ad hoc projects

    EDUCATION/SKILLS/EXPERIENCE REQUIRED:

    • At least 7 years of insurance and risk management experience
    • At least 5 years of managerial experience
      • Background in handling CGL bodily injury and property damages claims, including bodily injury claims under New York Labor Law
      • Bachelor's degree required. GL adjuster license required. J.D. preferred but not required
    • Strong with MS Office applications (Outlook, Word, Excel, PowerPoint)
    • Strong client advocacy and interpersonal skills
    • Demonstrated decision making and problem-solving skills
    • Excellent organizational, project management and leadership skills.
    • Calm and level-headed under pressure, with a logical approach to problem solving.
    • Excellent communication skills, both written and verbal, with the ability to forge strong working relationships with key stakeholders at a range of levels.
    • Self-motivated and target driven.
      • Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision
      • Ability to work effectively in a fast-paced, team environment
      • High level of commitment to quality work product and organizational ethics, integrity, and compliance
  • Locations
    Brooklyn, NY • Brooklyn Heights, NY