Claims Representative - Executive Liability Division
Core
Handle an inventory of claim files for Directors' and Officers', Employment Practices, and Fiduciary Liability Insurance, evaluating coverage, liability, and litigation strategies.
Role type
Claims Representative (Insurance)
Builds
Claim resolutions and defense counsel management
Domain
Insurance / Executive Liability
Required skills
Analytical skills, negotiation, problem-solving, organization, prioritization, confidentiality handling, detailed analysis, coverage evaluation, litigation strategy development, file maintenance, information analysis, settlement negotiation, regulatory compliance
Preferred skills
University degree or college diploma, CIP coursework, experience with condominium/strata corporations, homeowners associations, nonprofit organizations, property management firms, legal experience, professional designations, provincial insurance adjustor license
Technologies
None stated
Responsibilities
Perform detailed analysis of each claim; evaluate coverage and liability; issue written coverage opinions; monitor all aspects of the file; hire, monitor, and pay defense counsel; develop and implement claim litigation and resolution strategies; maintain accurate and detailed claim files; provide information to underwriters and reinsurers; secure and analyze necessary information in the investigation of claims; attend arbitrations or mediations; affect settlements/reserves within prescribed limits; ensure claims handling compliance with statutes and regulations
Seniority
Entry to Mid-level (6 months to 5 years experience)