Sr. Litigation Analyst

Core Specialty Insurance Holdings, Inc.•Scottsdale, AZ

7d•Hybrid

About The Position

This position directly handles Commercial Garage and General Liability claims from receipt of a claim or suit through resolution, trial, or appeal. The role may require occasional travel for matters that cannot be handled through video conference. The analyst contacts insureds early to gather information and documents, analyzes coverage, coordinates with counsel and underwriting, and oversees defense counsel throughout litigation. The position maintains compliant claim files, evaluates liability and damages, monitors reserves and litigation expenses, and communicates significant developments to management and exterior carriers. The analyst also attends settlement events, negotiates settlements, and prepares settlement documents. Applicants must be authorized to work for any employer in the United States. The employer cannot sponsor or assume work authorization sponsorship now or in the future. Core Specialty offers a competitive salary and opportunities for professional development and advancement, along with insurance and other benefits.

Requirements

Insurance adjuster’s license required; additional licenses must be obtained where required by a state to adjust claims there.
College degree or equivalent work experience required.
At least five years of experience handling Commercial Garage and/or General Liability claims.
Comprehensive understanding of state and federal laws, including legislation, applicable to Commercial Garage and General Liability claims.
In-depth understanding of policy language and coverage applicable to Commercial Garage and General Liability claims.
Knowledge of third-party liability claims handling and risk transfer and coverage analysis.
Good working knowledge of Microsoft Office and Excel.
Ability to travel.
Ability to negotiate and be persuasive.
Effective oral and written communication skills.
Strong time-management skills, including the ability to manage time-sensitive tasks.
Must be authorized to work for any employer in the United States; sponsorship or transfer of work authorization is not available.

Responsibilities

Contact insureds early to identify witnesses, employees, contracts, relevant documents, and the insured’s knowledge of claim or suit allegations.
Analyze coverage and prepare coverage position letters, including reservations of rights, disclaimers, tenders to other parties, and acceptance of tenders to insureds where appropriate.
Confer with internal and external coverage counsel as needed regarding coverage positions and coverage litigation.
Communicate with underwriting regarding insureds’ risk potential and clarification of policy-language intent.
Maintain diaries for file tasks, settlement conferences, mediations, and trial.
Oversee defense counsel from initial assignment through litigation, ensuring timely reporting, confirmation of defense strategy, analysis of developments, and timely pretrial reports.
Collaborate with defense counsel to develop early litigation or settlement strategies.
Maintain claim files, notes, and documentation in compliance with internal guidelines and external regulations, including analysis of liability, damages, reserves, and next steps.
Prepare internal reports documenting files and identifying significant reserve increases for management review.
Communicate critical developments, significant reserve increase recommendations, and settlement recommendations exceeding the handler’s authority to the manager.
Timely report coverage, litigation developments, reserves, and potential settlement opportunities to exterior carriers.
Review and approve litigation budgets submitted by defense counsel.
Attend mediation and settlement conferences when required to facilitate and negotiate settlements.
Monitor and approve or reject litigation expenses recommended by defense counsel.
Prepare settlement drafts and review releases for accuracy.
Travel occasionally for matters that cannot be handled through video conference.