Claims Executive - GenStar

General Re Corporation

• $106K — $178K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of 7 years of technical claims handling experience.
  • Undergraduate degree required.
  • Strong verbal and written communication skills.
  • Proficient in time management and organizational skills.
  • Demonstrated claims judgment and business acumen.
  • Excellent interpersonal and analytical skills.
  • Industry designations or coursework is a plus.

Responsibilities

  • Provide high-level technical claim handling and support to clients.
  • Proactively address coverage issues and mitigate losses.
  • Prepare thorough and articulate reports for clients and management.
  • Maintain required adjuster licenses and complete continuing education.
  • Adhere to company and industry technical standards and guidelines.
  • Attend settlement conferences, mediations, and trials as necessary.
  • Travel as required for the position.

Benefits

  • Hybrid work arrangement with 3 days in the office.
  • Opportunities for professional development and continuing education.
  • Support for industry-related educational programs.
Full Job Description
GenStar currently offers an excellent opportunity for Claims Executive - GenStar based in our Stamford, CT, Atlanta, GA or Chicago, IL office. This is a hybrid role with 3 days a week in the office.

Role Description
The Claim Executive is responsible for handling litigated and non-litigated casualty claims from inception to closure in accordance with the Company's and the Industry's best claims practices.
Responsibilities:
• The Claim Executive will be responsible for providing high level technical claim handling and support to GenStar clients and insureds. Specifically, the Claim Executive mitigates losses, addresses and resolves coverage issues and when appropriate, provides guidance and advice to internal and external clients and insureds.
• The Claim Executive handles all claims in a proactive manner properly addressing all coverage issues, liability and damages to timely set reserves and mitigate the exposures.
• The Claim Executive prepares prompt, thorough and articulate reports for clients, insureds and management and provides GenStar underwriters with valuable client information and intelligence.
• The Claim Executive maintains adjuster licenses where required, is current with all continuing education requirements and attends internal and external industry-related educational programs.
• The Claim Executive adheres to the Company's technical and administrative standards/guidelines and remains current on industry standards/guidelines and legal decisions that impact claim handling and exposures.
• The Claim Executive attends settlement conferences and/or mediations, ADR (Alternative Dispute Resolutions) and trials as warranted.
• The Claim Executive is expected to travel as necessary and as required by the Company.

Role Qualifications and Experience
• A minimum of 7 years insurance technical claim handling experience.
• Undergraduate college degree.
• Demonstrates excellence in:

o Verbal and written communications;

o Time management;

o Claims judgement;

o Business acumen;

o Organizational skills;

o Interpersonal skills; and

o Analytical skills.
• Industry designations/course work a plus

Salary Range
106,000.00 - 178,000.00 USD
The annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.

Our Corporate Headquarters Address

General Reinsurance Corporation
400 Atlantic Street, 9th Floor
Stamford, CT 06901 (US)

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