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Claims Consultant - EMTC in Chicago, IL

CNA Financial Corporation

Chicago, IL 60601
and 2 other locations
2w ago


$100K - $150K*


Banking, Loans & Insurance


8 - 10 years

Job Description

Individual contributor responsible for overall management of highly complex environmental, molestation and abuse, and mass tort claims. Investigates and evaluates highly complex claims relating to environmental, abuse, pollution and mass tort. Analyzes and determines liability, reviews insurance coverages, arranges for inspections, negotiates settlements, and pays or collects direct payments. Works within broad limits and authority on highly complex assignments requiring specialized knowledge.

Essential Duties & Responsibilities

1. Negotiates highly complex settlement packages, cost share agreements, sets direct reserves and authorizes payment within scope of authority, settling claims equitably and ensuring timely issuance of disbursements.

2. Makes recommendations on claims handling policy and processes to management.

3. Manages all types of investigative activity on claims to include contact with insureds

See More

Valid through: 2020-4-8

About CNA Financial Corporation

CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States, and noted for its 600-foot (180 m) tall red headquarters building, CNA Center. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897. CNA (the parent company) was incorporated in 1967. CNA itself is 90% owned by a holding company, Loews Corporation. This holding company also has interests in offshore oil and gas drilling rigs, natural gas transmission pipelines, oil and gas exploration, and in hotel operations. Continental Assurance Company of North America was founded in Detroit in 1897. The purpose of the company was to provide accident and health insurance to railroad industry employees. This company then merged with the Metropolitan Accident Company, changed its name to the Continental Casualty Company, and moved to Chicago.[citation needed]
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* Ladders Estimates

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