Associate Account Manager (Direct Claims)

Resolute Management • Chicago, IL

420d • Remote

About The Position

The Associate Account Manager (Direct Claims) at Resolute Management Inc. is responsible for managing and assisting in the oversight of environmental, asbestos, and latent type insurance claims. This role involves analyzing claims, coordinating with various stakeholders, and ensuring effective case resolution while maintaining compliance with established guidelines.

Requirements

• BA/BS degree required.
• J.D. preferred.
• CPCU or other industry designation a plus.
• Independent Property and Casualty adjuster's license a plus.
• Minimum 5 years of experience in private practice asbestos or similar toxic tort litigation.
• NYCAL experience preferred.
• Proficiency with MS Word, Excel, and internet applications.

Nice To Haves

• Strong interpersonal skills.
• Ability to meet assigned deadlines.
• Ability to work in a collaborative and cooperative office environment.
• Ability to multi-task and effectively deal with interruptions.
• Ability to follow instructions and established procedures.
• Attentive to details.
• Able to work under pressure and execute good judgment in sensitive situations.

Responsibilities

• Analyzes, investigates, and evaluates new loss notices and claim tenders.
• Works with policy search teams to find copies of alleged coverage where appropriate.
• Expeditiously analyzes and positions claim under applicable primary, umbrella and excess coverage.
• Coordinates the retention of defense counsel with internal/external stakeholders.
• Coordinates and establishes defense strategy with insured, defense counsel and/or other participating insurance carriers.
• Pro-actively manages the case resolution process and participates in mediations as needed.
• Works with the reinsurance department to provide notice of new accounts and updates on existing accounts.
• Collaborates with in-house Legal/management to manage declaratory judgment actions.
• Sets reserves at appropriate levels for claims.
• Coordinates timely processing of payments and verifies proper allocation across policies.
• Manages ALAE through strategic handling and bill review/payment processing.
• Documents claims in hard copy and/or systems in accordance with established guidelines.
• Obtains and maintains adjuster licenses as required.
• Travels as necessary.

Benefits

• Health insurance
• 401k plan
• Paid time off
• Flexible scheduling

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 101-250 employees