Large Loss & Litigation Specialist

Job Information

Overview

Protecting our policyholders’ dreams, passions, and livelihoods has a direct impact on the communities we serve. We work towards excellence, conduct ourselves with high integrity, and take our work seriously, but not ourselves. Small Details. Big Difference. Find out how you can make a difference with a career at Society.

Society Insurance is seeking a Large Loss & Litigation Specialist to join our team to independently resolves large and significantly complex non-litigated damage, coverage, and liability claims for a multi-state territory in accordance with departmental and company guidelines; oversees a large pending of litigated claims by directing the activity of defense attorneys per department guidelines.

About the Role 

• Determines insurance coverage by examining claim forms, policies, and other records; interviewing claimants, insureds, and witnesses; consulting police and hospital records; consulting with experts when appropriate; resolves questionable claims by investigating claim; comparing claims information with evidence.
• Settles large and significantly complex claims independently by determining insurance carrier’s liability; reaching agreement with claimants according to policy provisions and authority level; handling mediations, arbitrations, and subrogation within authority level.
• Directs the activities of defense attorneys on a large pending of litigated files; establishes a joint case plan with defense counsel that is resolution focused; reviews case law, motions, expert selection and witness determination as dictated by the file.
• Focuses on cost constraints and containment as part of the litigation process by reviewing billing and practices per department guidelines.
• Provides departmental support by mentoring and training new and current claims representatives.

About You 

• You enjoy communicating and building relationships with others.
• You are composed, cool under pressure, and can negotiate without damaging relationships.

• You hold yourself accountable and act in accordance with rules and regulations.  
• You enjoy analyzing, investigating, and using the facts to make decisions.
• You are naturally curious and have a desire to know more.

What it Will Take

• Bachelor’s Degree in business or 5+ years of claims handling experience OR 7+ years of claims handling experience involving the exercise of discretionary decision-making and increasing levels of claims severity, 

• Professional designations of AIC, ARM, CIC, CPCU or equivalent coursework.
• Willingness to travel in person to: mediations, agency visits, key discovery depositions and field investigations where necessary, throughout our service area.
• Technical proficiency in commercial property and/or casualty claims demonstrated through knowledge and experience in insurance policies and coverage; claim payment procedures; insurance regulations and legal terminology.
• Familiarity with PC applications including word processing, Internet, spreadsheets and e-mail software.

What Society Can Offer 

• Comprehensive Benefits Package: Salary with bonus plan; health, dental, life, and vision insurance
• Retirement: Traditional or Roth 401(k) Defined Contribution Plan PLUS Profit-Sharing Plan
• Work-Life Balance: Company-paid holidays; flexible scheduling; PTO; telecommuting options
• Education: Career Coaching; company-paid courses; student loan and tuition reimbursement
• Community: Charitable Match; paid volunteer time; team sponsorships
• Wellness: Employee Assistance Program; Wellness App, Wellness Challenges