Claims Specialist, EPL
About The Position
Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators. We focus our attention and our resources on finding high-quality solutions that give our business partners, producers, and policyholders a safe harbor for the risks they face. Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson underwrites excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Excess Insurance Company. Collectively known as Hudson Insurance Group, its companies are rated A+ (Superior) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of the Odyssey Group, a leading global provider of reinsurance and specialty insurance. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited. Position Summary: The Claims Specialist is responsible for managing all aspects of complex third-party liability claims, including class actions and high exposure matters, from inception through conclusion, brought against a wide variety of insureds, with a concentration in employment practices matters.
Requirements
- Must be able to work as a team member not only within the claims department, but also develop relationships with other departments, primarily underwriting
- Must be able to prioritize, and to timely complete all tasks and comply with department policies and procedures
- Must be committed to the role and the demands of a high performing claims team
- Strong drive and commitment to the role
- Excellent written and oral communication skills
- Excellent analytical, organizational, and problem-solving skills
- Excellent knowledge of Excel, Word, and Outlook
- Strong interpersonal skills
- Must be detailed-oriented
- Time management and decision-making ability
- Ability to maintain confidentiality of company-sensitive data
- Proven ability to analyze policies of insurance and legal documents
- Excellent negotiation skills
- Bachelor’s Degree or equivalent required
- JD highly preferred
- Multi-state claim adjuster licenses preferred
- 1-3 years experience a plus
Responsibilities
- Providing superior customer service
- Directing investigations
- Managing litigation
- Making coverage determinations and preparing coverage position letters
- Investigating losses
- Documenting claim handling
- Evaluating and projecting potential exposures
- Setting judgmental reserves
- Developing and implementing effective resolution strategies
- Managing outside counsel and experts to control expenses
- Collaborating with underwriting partners on policy renewals
- Identifying existing claims and trends to support business efforts and promote client relationships
- Making presentations to both claims and underwriting management
- Keeping supervisor informed of activities and situations which will impact the achievement of corporate and department goals and objectives
- Performing other related duties as required to achieve the goals and objectives of the company and department
Benefits
- Comprehensive benefits package
- Discretionary annual incentive program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
