Claims Superintendent, CGL, Long Term Exposure

Berkley • Moorestown Township, NJ

89d • $110,000 - $140,000

About The Position

The Claims Superintendent - CGL, Long Term Exposure will be responsible for determining and discharging the company's contractual obligations under its various policy contracts involving coverage analysis, investigation, legal defense, and loss and expense reserving. Responsibilities will include intense complex coverage claims handling, coverage analysis, investigation, and management of litigated files. Present facts of claims, with recommendations, to committee as necessary on General Liability claims. Incorporate all claims into company records and review for applicability of coverage. Prepare large loss reports where applicable. Attend and participate in mediations/trials as necessary. Establish appropriate loss and expense reserves. Maintain valid loss and expense reserves based on current investigation and legal discovery. Supervise activities of Independent Adjusters, investigators and defense attorneys to ensure that all claims are appropriately handled. Adhere to company procedures and Best Practice guidelines as well as case and statutory law requirements when coverage is in question, and/or when paying or denying claims. Comply with reporting requirements of treaty and facultative reinsurers. Maintain current understanding of various unfair claim practices statutes. Incorporate all claims into company records and review for applicability of coverage. Participate in broker relations calls/visits as needed. Attend industry related seminar workshops and/or courses for continuing education. Additional tasks as assigned.

Requirements

• Bachelor’s Degree preferred (or equivalent work experience).
• 7+ years commercial insurance claims handling experience with specific focus on GL and long-term exposure claims.
• Ability to assess priorities and manage deadlines effectively.
• Effective communication skills, both verbal and written.
• Strong research and analytical skills.
• Proficiency with MS Office Suite.
• Up to 20% travel.

Responsibilities

• Determine and discharge the company's contractual obligations under various policy contracts.
• Handle intense complex coverage claims and manage litigated files.
• Present facts of claims with recommendations to committee on General Liability claims.
• Incorporate all claims into company records and review for applicability of coverage.
• Prepare large loss reports where applicable.
• Attend and participate in mediations/trials as necessary.
• Establish and maintain appropriate loss and expense reserves based on current investigation and legal discovery.
• Supervise activities of Independent Adjusters, investigators, and defense attorneys.
• Adhere to company procedures and Best Practice guidelines as well as case and statutory law requirements.
• Comply with reporting requirements of treaty and facultative reinsurers.
• Maintain current understanding of various unfair claim practices statutes.
• Participate in broker relations calls/visits as needed.
• Attend industry related seminar workshops and/or courses for continuing education.
• Perform additional tasks as assigned.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Wellness programs
• Paid Time Off
• 401(k)
• Profit-Sharing plans

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees