Litigation Specialist

Builders Mutual Surety Company - Nashville, TN

Full-time - Senior

Nashville, TN

About the position

The Litigation Specialist at Builders Mutual plays a crucial role in managing complex litigated commercial and auto liability cases, particularly in the construction sector. This position involves overseeing litigation strategies, conducting investigations, negotiating settlements, and ensuring compliance with established best practices. The role is remote, allowing for collaboration with the team while requiring occasional travel to the Raleigh office for meetings and events.

Responsibilities

• Manage and direct activity and litigation strategy of assigned panel counsel in all aspects of investigation and settlement of assigned cases.
• Perform adjustment-related activities necessary for litigation such as coverage determinations, interviewing insureds, witnesses, experts, and physicians.
• Inspect property damage as needed and review factual information to evaluate injuries and damages.
• Determine potential liability and the total value of claims, negotiate settlements, and make recommendations regarding litigation.
• Attend trials, depositions, and mediations with defense counsel as needed.
• Assign cases to third-party vendors for investigation when compensability is questionable.
• Utilize independent judgment in decision-making and manage claims promptly and thoroughly from inception through closure.
• Complete accurate Large Loss/Litigation reports to executive management and reinsurers with timely updates.
• Monitor and adhere to periodic claim file diaries and create a written plan of action for ongoing claim management.
• Interact regularly with agents/brokers, insureds, Risk Management, and Underwriting Department.
• Participate in industry conferences and seminars and maintain state licenses and continuing education hours as required.

Requirements

• 5+ years of commercial claims experience handling complex construction defect, general liability, and construction-related bodily injury litigated claims.
• Bachelor's degree or an equivalent combination of education and relevant insurance experience.
• Adjusters License required for assigned jurisdictions requiring them.
• High communication capability with excellent written, presentation, and verbal skills.
• Excellent negotiation, organizational, creative problem-solving, and advanced technical claim handling skills.
• Ability to exercise judgment and make critical business decisions in a rapidly changing environment.
• Proficient in the use and knowledge of MS Office software and claims management systems.

Nice-to-haves

• Pursuit of, or ability to pursue, AIC, ARM, or CPCU certification.
• Working knowledge of a claims management system.

Benefits

• Market-driven compensation and bonus plan
• 3 weeks of paid time off (and your birthday too!)
• 37.5-hour work week; end your Friday at 2:30PM
• Builders University for employees, dedicated to supporting development and enhancing expertise
• Earn swag and extra time off through peer recognition Builders Bucks program