Insurance Coverage Consultant- Complex Liability

Marsh McLennan•Boston, MA

21h•$112,600 - $239,800•Hybrid

About The Position

The Complex Liability Consulting (CLC) practice of Risk Consulting, Marsh offers unparalleled expertise across a broad spectrum of coverage challenges, including insurance archaeology, policy analysis and mapping, electronic database solutions, allocation modeling, insurer negotiations, and claims and payment tracking. In addition, we have units that ensure effective contractual risk and manage WC Qualified Self-Insured and monopolistic state filings to maintain coverage. We are seeking a dynamic consultant to join and help grow this high-impact practice.

Requirements

Drive to utilize your expertise in long tail casualty / liability claim and emerging coverage issues at the highest level.
5+ years of relevant experience evaluating and negotiating coverage on multi year casualty / liability claims at an insurer, third-party administrator, insurance archaeology firm, risk management department, consulting firm and/or law firm.
Bachelor’s degree or equivalent.

Nice To Haves

Experience with insurance archaeology and legacy policy searches is a plus.
Proven ability to deliver high-end solutions that expand client engagements.
Recognized for superior, accurate and timely work by clients, project managers, and key stakeholders.
Creativity and effectiveness in developing materials that address complex client, project, and technical issues in every client interaction.
Innovating new solutions and services.
Ability to thrive in a fast-paced, collaborative environment while managing priorities and meeting deadlines.

Responsibilities

Implement strategic plans and advanced technology to maximize clients’ insurance recoveries for mass tort and complex claims such as toxic tort, asbestos, sexual assault, concussion, addiction, contamination, PFAS and other high-value claims.
Apply deep understanding of complex insurance programs and industry-specific knowledge; experience with insurance archaeology and legacy policy searches is a plus.
Provide insightful analysis and recommendations on insurance coverage for clients facing complex liabilities.
Manage insurer communications, including notice and tender processes, coverage position letters, and information requests.
Review policy documents to identify key provisions for policy management systems and coverage charts.
Evaluate cost share agreements and buyout offers to ensure client interests are protected.
Utilize both coverage expertise and business relationships to negotiate insurance coverage and loss allocation resolutions with adjusters on behalf of clients.
Maintain client WC Qualified Self-Insured or monopolistic state status through assisting with filing requirements.
Adhere to company policies for timekeeping, expense reporting, and billing.
Deliver the highest level of technical advice that drives optimal client outcomes.
Create client deliverables that showcase our value and enhance our reputation.
Respond promptly and professionally to client requests, instilling confidence and enabling success.
Lead client needs analysis, develop project plans, and recommend effective approaches.
Use facilitative and diagnostic skills to help clients articulate complex challenges.
Show the consultant mindset by proactively identifying and addressing client concerns or issues.
Develop project requirements and work plans within your practice or technical area.
Align products and services with clients’ key needs.
Maintain strict client confidentiality.