Full Job Description
Claims Examiner or Associate Claims Examiner - Employment Practices Oak Brook IL
Location: Oak Brook, IL Team: Claims Job Type: Claims FT/PT Status: Full Time
Job Title: Associate Claims Examiner/ Claims Examiner - Employment Practices
Location: Oak Brook IL
Your Role: You'll play a critical role in evaluating coverage, liability, and damages for each unique claim. You'll collaborate across teams and with external stakeholders to effectively investigate, negotiate, and resolve claims.
Key Responsibilities:
• Coverage review: Confirm coverage by reviewing the first notice of loss and policy details; prepare disclaimers and reservation of rights letters as necessary.
• Thorough investigation: Conduct detailed investigations into claims, including liability and damages assessment, witness interviews, scene inspections, and evidence collection.
• Independent adjusters: Retain and provide directions to independent adjusters while managing all aspects of the investigation process.
• Liability analysis: Apply statutory and case law to evaluate liability exposure and ensure joint tortfeasors contribute their fair share.
• Reserve maintenance: Maintain accurate reserves reflecting liability and damages as claims develop.
• File management: Proactively manage claim files, negotiate settlements directly with claimants or attorneys, oversee defense counsel, and ensure effective litigation management.
• Reporting: Prepare comprehensive reserve authority requests, reinsurance reports, serious loss reports, and coverage position letters.
• Cross-team collaboration: Provide updates and collaborate with underwriting, compliance, and actuarial teams to maintain healthy products.
What You'll Bring:
• Problem-solving skills: Analytical and creative problem-solving capabilities with a focus on liability and damage evaluation.
• Communication: Strong oral and written communication skills to effectively interact with all stakeholders.
• Negotiation expertise: Assertive decision-making with effective negotiation and conflict management skills.
• Organization: Strong organizational and time management skills to manage multiple priorities efficiently.
• Technical knowledge: Familiarity with insurance coverage, negligence law, and claim evaluation processes.
Qualifications:
• 2+ years of relevant experience for Associate Claims Examiner.
• 7+ years of relevant experience for Claims Examiner.
• Experience as an examiner, adjuster, paralegal, attorney, or in a related role.
• Specialized experience: Experience with Employment Practices, D&O (Directors and Officers), and/or E&O (Errors and Omissions) claims is highly preferred.
• Additional Qualifications: Multi-jurisdictional knowledge, advanced degrees, and/or JD are a plus.
Passion and drive can be just as important as experience. If you're excited about this opportunity, we'd love to hear from you!
Position affords 5 days per month to work remotely.
Salary Range: Associate Claims Examiner: $65K - $95K; Claims Examiner: $85K - $115K
What We Offer: One of the advantages of working at USLI is the competitive salary and benefits program we offer full-time and eligible part-time employees. Benefits include performance-based triannual bonuses, medical benefits paid at 100% for full-time employees and 80% for eligible part-time employees, a profit-sharing program, free lunch every day while onsite, and more than 450 annual personal and professional development courses. Explore more company benefits .
