Claims Manager, Risk Management

Starr Insurance Companies$95K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; JD preferred
  • 7-10 years handling general liability claims or litigation
  • Experience with complex coverage issues related to CGL policies
  • Proven ability to manage Third Party Administrators (TPAs)
  • Success in negotiating and evaluating claims for property damage and bodily injury
  • Strong interpersonal and communication skills
  • Detail-oriented with exceptional organization and time management skills

Responsibilities

  • Oversee claims managed by a Third Party Administrator and directly handle claims
  • Conduct coverage analysis, liability investigation, and reserve evaluations
  • Perform audits on claim systems and conduct on-site visits
  • Attend mediations and settlement conferences to negotiate settlements
  • Provide updates to underwriters, actuaries, and reinsurers regarding losses affecting policies

Benefits

  • Professional development opportunities
  • Health and wellness programs
  • Flexible work environment
  • Travel opportunities based on business needs
Full Job Description
Preferred Location: Chicago Alternate Locations: Atlanta, Philadelphia, Houston or Dallas The Claims Manager, Risk Management will be responsible for: • Active oversight of claims currently managed by a Third Party Administrator as well as direct handling of an active inventory of primary and excess claims related to policies written out of the Risk Management Profit Center in various jurisdictions • Performing prompt coverage analysis and determination, investigation into liability and defenses, and timely reserve evaluations • Perform audits through claim systems and on-site visits • Required to attend mediations, settlement conferences, etc. to negotiate cost-effective settlements and attend trials on an "as needed" basis • Provide timely and meaningful information to underwriters, actuaries and reinsurers to update them regarding losses which could impact Starr's policies Job Requirements: • Bachelors Degree required. JD preferred but not required • 7 - 10 years of experience in handling general liability claims and/or relevant litigation experience • Prior experience evaluating complex coverage issues related to CGL policies • Experience working with and managing TPAs • Demonstrated success managing litigation, evaluating and negotiating claims, involving both property damage and bodily injury exposures • Customer focus with excellent interpersonal, written and verbal communication skills • Detail oriented • High degree of personal organization and time management skills • Pro-active. Must have a sense of urgency • Ability to prioritize and perform successfully in a fast-paced environment • Proficiency in Microsoft Word and Excel • Some travel is required and will vary depending on business needs and caseload #LI-LS1

About Starr Insurance Companies

Starr Insurance Companies Careers

There has never been a better time to join the global team of Starr Insurance Companies—the leading provider of insurance and investment solutions worldwide.

Work You’ll Do

Join Starr Insurance Companies' top-tier team to assist some of the most prestigious clients in navigating their risk management and insurance strategies. Transform the approach to global insurance solutions with the brightest minds at Starr Insurance Companies. This is where innovation meets industry expertise in a dynamic environment. Lead from a unique position in the marketplace, at the crossroads of deep industry knowledge and extensive insurance innovation. Engage with a worldwide network of professionals dedicated to redefining the future of insurance and risk management. Collaborate with a diverse and inclusive team, fostering a culture of professional growth and diversity training.

Introducing the Starr Insurance Companies Professional Growth Path

The team is committed to building a leading career development framework to help individuals master their professional journey within the insurance industry.

Do Innovative Work

Be part of a team that is at the forefront of industry innovation—delivering targeted solutions through a depth of expertise that is unmatched in the insurance sector.

Drive Innovation and Leadership

Develop and implement groundbreaking solutions on trusted platforms, enhancing Starr Insurance Companies' position as a leader in the insurance industry.

Be Part of a Great Team

Join a team that values diversity and leadership, working on a wide range of initiatives that harness the capabilities of Starr Insurance Companies' global presence.

Future-proof Your Career

Advance your career with limitless opportunities supported by unmatched training, development, and certification programs.

Explore

Discover how Starr Insurance Companies is leading the way in predictive analytics to revolutionize risk assessment and management solutions.

The Starr Insurance Companies Edge

With a commitment to innovation and leadership, Starr Insurance Companies helps clients tackle the challenges of today’s dynamic market. Clients globally turn to Starr Insurance Companies for strategic insights and solutions that drive growth and success in the insurance industry.

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