AmTrust Financial Services

Complex Claim Specialist, Excess and Surplus

AmTrust Financial Services$126K — $155K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in managing or litigating commercial general liability claims
  • Strong skills in contractual analysis and insurance coverage
  • Proficient in navigating a paperless claim file system
  • High level of technical claim and legal knowledge
  • Excellent written and verbal communication skills
  • Ability to build professional relationships across internal and external parties
  • Strong negotiation skills
  • Adjuster licensing as required
  • Preferred CPCU designation or AIC certification

Responsibilities

  • Recognize exposures and ensure timely reserving
  • Evaluate coverage issues and identify risk transfer opportunities
  • Conduct thorough investigations and coordinate with appropriate experts and counsel
  • Communicate exposures effectively to internal and external stakeholders
  • Formulate resolution strategies for optimal outcomes
  • Travel may be required for mediations, trials, and meetings
  • Perform additional duties as assigned

Benefits

  • Medical & Dental Plans
  • Life Insurance for eligible spouses and children
  • Healthcare & Dependent Care Flexible Spending Accounts
  • 401k Savings Plan
  • Paid Time Off
  • Excellent career advancement opportunities
Full Job Description
Overview

This position can be located in one of our claims offices, with the possibility of working remotely. The successful candidate will directly handle both litigated and non-litigated commercial general liability claims.  The successful candidate will also exhibit a strong proficiency in insurance coverage analysis and risk transfer. This position will report to an AVP of Claims.

Responsibilities
  • Recognizing exposures and ensuring reserving is appropriate and timely
  • Evaluating coverage issues and risk transfer opportunities
  • Ensuring appropriate investigation of the underlying facts and circumstances is carried out, proper experts are retained and utilized where necessary, selection and utilization of counsel is appropriate, proper negotiation strategy is employed.
  • Effectively communicate exposures both internally and externally
  • Overall responsibility for formulating proper resolution strategy to ensure best total outcome.
  • Position may require periodic travel to attend meditations, trials and / or other related meetings
  • Perform other duties as assigned
Qualifications
  • Minimum of 5+ years’ experience in the handling or litigating of commercial general liability claims.
  • Strong contractual analysis skills to include the analysis of insurance contracts for coverage analysis and other contracts for risk transfer obligations/opportunities
  • Proficient computer skills required to navigate our paperless claim file system.
  • Possesses a high level of technical claim and legal knowledge and skills.
  • Excellent communication skills both written and oral.
  • Ability to professionally interact at a high level with parties both internal and external to AmTrust.
  • Ability to effectively influence others without damaging relationships.
  • Skillful negotiator.
  • Adjuster licensing as required
  • CPCU designation/AIC certification preferred.

The expected salary range for this role is $126K-$155K/year.

 

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

 

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What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

 

About AmTrust Financial Services

AmTrust Financial Services, Inc. is a multinational property and casualty insurance company. The company provides coverage for small businesses, workers' compensation insurance, extended warranty coverage, specialty risk and extended warranty coverage, and other insurance products. AmTrust Financial Services, Inc. was founded in 1998 and is headquartered in New York City. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol AFSI.
Learn more about AmTrust Financial Services
Size
8,000 employees
Industry
Founded
1998

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