Liberty Mutual

Insures homes, cars and businesses worldwide

Retail Markets Claims Specialist Development Program

Claims AdjudicationConfirmed live in the last 24 hours

Full-time$60k - $70kIn-person

About the Job

Requirements

A bachelor's degree is required.
Strong written and oral communication skills are required.
Good interpersonal, analytical, investigative, and negotiation skills are required.
Basic knowledge of legal liability, general insurance policy coverage, and state tort law is required.
Ability to obtain proper licensing as required.

Responsibilities

Manage, investigate, and resolve claims; investigate and evaluate coverage, liability, and damages; and settle claims within prescribed authority levels.
Identify potential suspicious claims and refer them to the Special Investigations Unit; identify opportunities for third-party subrogation.
Communicate with policyholders, witnesses, and claimants to gather information about claims, refer tasks to auxiliary resources as necessary, and advise on the proper course of action.
Respond to written and telephone inquiries, including status reports.
Ensure reserves are adequate.
Maintain security of financial claims processing and information contained in claims files.
Use loss management techniques effectively; negotiate settlements with attorneys, claimants, and co-defendants; and arrange expert inspections involving third parties or potential fraud actions as needed.
Update files and provide comprehensive reports as required.

Desired Qualifications

Customer service experience is preferred.

Description

Advance your career at Liberty Mutual - A Fortune 100 Company! Manages, investigates and resolves claims assigned and assists in providing service to policyholders. Responsibilities:

Manages, investigates, and resolves claims. Investigates and evaluates coverage, liability, damages, and settles claims within prescribed authority levels.
Identifies potential suspicious claims and refers to SIU and identifies opportunities for third party subrogation.
Communicates with policyholders, witnesses, and claimants in order to gather information regarding claims, refers tasks to auxiliary resources as necessary, and advise as to proper course of action. Responds to various written and telephone inquiries including status reports.
Ensures adequacy of reserves.
Accountable for security of financial processing of claims, as well as security information contained in claims files.
Makes effective use of loss management techniques. Negotiates settlements with attorneys, claimants, and/or co-defendants. Arranges for expert inspections involving third party or potential fraud actions as needed.
Updates files and provides comprehensive reports as required

Qualifications

Qualifications:

Strong written and oral communications skills required.
Good interpersonal, analytical, investigative, and negotiation skills required.
Customer service experience preferred.
Basic knowledge of legal liability, general insurance policy coverage and State Tort Law.
Bachelor's degree is required.
Ability to obtain proper licensing as required.

Compensation: 60000 to 70000 (USD)

About the Company

Liberty Mutual

Insures homes, cars and businesses worldwide

Liberty Mutual sells property and casualty insurance to individuals and businesses, covering damage to assets, injuries and legal liabilities. Its retail business writes home and auto policies, while its commercial operations cover business risks and specialized industries across global markets. The group also sells reinsurance to other insurers and surety bonds that guarantee obligations such as construction contracts. It collects premiums, prices and underwrites risk, pays covered claims and invests its insurance assets to earn income between collecting premiums and settling losses. Liberty Mutual began operating in 1912 and is headquartered in Boston, Massachusetts.

Company size: 10,001+
Company stage: Not listed
Total funding: Not listed
Headquarters: Boston, MA
Founded: 1912

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