Claims Attorney

Tokio Marine HCC•Wakefield, MA

5d•$115,200 - $158,400•Hybrid

About The Position

In this role, you will review, analyze, and determine the extent of the company's exposure or liability for claims reported under Kidnap & Ransom, Product Contamination, and Restaurant Recovery insurance policies. You will be responsible for working directly with insured and our crisis response companies. Your primary focus is to work with the Insured to gather information that supports a claim under a Kidnap & Ransom, Product Contamination, or Restaurant Recovery insurance policy; review that information along with the relevant policy; and work with the Crisis Management Claims Team to make a coverage determination and assist the insured. The Crisis Management Claims Team functions on collaboration, and in order to be a successful candidate, you will need to thrive in a highly collaborative environment. The Crisis Management claims are divided among the team for day-to-day handling, with regular team meetings to discuss and brainstorm. To be a strong team player, you should not be afraid to ask or answer questions, and you will take an active role in ensuring that our insureds are fully informed of the coverages that each policy provides.

Requirements

Minimum of two years of relevant legal and/or progressive professional experience in insurance preferred
Doctor of Jurisprudence (J.D.) degree
Licensed to practice law in one of the fifty states in the United States of America
Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
Superior organizational and analytical skills, demonstrating an ability to manage multiple tasks simultaneously
Intermediate proficiency and experience using Office 365

Nice To Haves

Spanish speaking preferred

Responsibilities

Gain a significant understanding of coverages: Within the first 30 days, you will gain a deep understanding of the coverages provided by the Kidnap & Ransom, Product Contamination, and Restaurant Recovery insurance. During this time you will study each policy and work with the other members of the Crisis Management Claims Team to learn the ins and outs of each coverage and how to apply the policies’ coverages to the facts of any given claim.
Develop a familiarity with the claims handling process: Within the first 90 days, you will develop a comfortability with the claims handling procedures throughout the life of a claim and develop an understanding of the current claims being handled by the Claims Team, such that you are able to handle claims efficiently, as well as provide claims updates to the underwriting teams and reinsurers. One aspect of this objective will be gaining familiarity with the relationship between claims and underwriting, as well as the relationship between claims and reinsurance.
Maintain productivity and efficiency: Within the first 6 months, you should become accustomed to the ebbs and flows of the claims process. Due to growth of the business, you will have a consistently fast-paced workload. You will work closely with the Chief Operating Officer to address technical challenges that the team faces. On an ongoing basis, your primary focus should be efficient management and resolution of all active claims.

Benefits

Competitive salary and comprehensive benefit package
Strong learning culture with ongoing development opportunities
Opportunities for growth and career advancement
Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment
Basic life and disability insurance
401(k) plan with 6% company match
20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off
Paid parental leave
Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription
Student loan matching program
Employee discount program
An opportunity to do meaningful work and love what you do