Selective Insurance Group Inc

Complex Claims Specialist - Remote

Selective Insurance Group Inc$124K — $160K *
US-AnywhereRemote in United States
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years experience in Casualty claims handling, specifically in Abuse/Molestation Liability claims.
  • Strong communication and negotiation skills with a proven record in claim disposition.
  • Excellent presentation abilities for reporting to leadership.
  • Moderate proficiency in standard business software such as Microsoft Outlook, Excel, and PowerPoint.
  • Valid driver's license in good standing for potential travel.

Responsibilities

  • Evaluate and resolve coverage issues for Abuse/Molestation claims.
  • Investigate claims via communication with claimants, attorneys, and other relevant parties.
  • Present claims and trends to leadership, discussing coverage and liability assessments.
  • Conduct timely analysis to determine exposure to insured and company.
  • Negotiate and resolve claims within delegated authority using denials or releases appropriately.
  • Provide timely reports on significant exposure cases to claims, underwriting, and actuarial teams.
  • Attend and report on trials as needed, when requested by management.

Benefits

  • Comprehensive health care plans for employees and their families.
  • Retirement savings plan with company match to help secure future finances.
  • Discounted Employee Stock Purchase Program for employee engagement.
  • Tuition assistance and reimbursement programs to foster professional development.
  • 20 days of paid time off to promote work-life balance.
Full Job Description
Overview

The purpose of this position is to provide direct handling of the company's Abuse/Molestation Liability Specialty Claims. Responsibilities of this position include coverage analysis, investigation, evaluation, negotiation, and disposition of assigned claims. Candidate must possess strong communication and litigation management skills to collaborate with insureds and defense counsel to direct litigation activities, budgets, and claim outcomes, while considering the overall impact on the customer and the company. The individual in this position will also ensure claims are processed within company policies, procedures, and within the individual's prescribed authority with exceptional standards of performance. This individual should possess strategic thought process skills to effectively and efficiently manage loss exposures. Job duties will include communication and collaboration with key stakeholders, training, development and providing thought leadership where requested. The position may require travel to mediations, arbitrations, settlement conferences, trials, training, or other proceedings, which may account for up to 10% of the specialist's time. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements, including adjuster licensing in Selective's footprint states.

Responsibilities

  • Effectively evaluate and resolve coverage issues for Abuse/Molestation claims.
  • Investigate the claims through telephone, written correspondence, and/or personal contact with claimants, attorneys, insureds, witnesses and others having pertinent information.
  • Effectively and efficiently present claims and claim trends to Claims and Underwriting Leadership, including discussion of coverage, liability assessment, and ultimate exposure to the insured and company.
  • Timely analysis of information in order to evaluate assigned claims to determine ultimate exposure to the insured and company.
  • Effectively evaluate, negotiate, and resolve claims within delegated authority, utilizing the appropriate denials or releases.
  • Provide required reports to claims, underwriting, reinsurance, and actuarial on significant exposure cases in a timely manner.
  • Report on all cases going to trial on a timely basis and attend portions of trials when warranted or where requested by management.

Qualifications

Knowledge and Requirements
  • Experience in coverage analysis and claim evaluations.
  • Superior communication, negotiation, and claim disposition skills, along with proven problem-solving skills.
  • Excellent presentation skills.
  • Moderate proficiency with standard business-related software (including Microsoft Outlook, Work Excel, and PowerPoint).
  • Sufficient keyboarding proficiency to enter data accurately and efficiently.
  • Must have valid state-issued driver's license in good standing and be able to drive an automobile.

Education and Experience
  • College degree required.
  • JD preferred.
  • 8+ years Casualty claims handling experience, with significant experience handling Abuse/Molestation Liability claims with a primary P&C carrier.

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Pay Range

USD $124,000.00 - USD $160,000.00 /Yr.

About Selective Insurance Group Inc

Selective Insurance Group, Inc. is a holding company for ten property and casualty insurance companies. The company provides insurance products and services to businesses, non-profit organizations, and individuals. Selective Insurance Group has been in business for over 90 years and has a strong reputation for customer service and financial stability. The company is headquartered in Branchville, New Jersey, and has over 2,450 employees. Selective Insurance Group is committed to giving back to the communities where it operates and has a strong focus on corporate social responsibility. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol SIGI.
Learn more about Selective Insurance Group Inc
Size
2,440 employees
Market Cap
$5.4 billion
Industry
Net Income
$246.3 million
Founded
1926
5 Year Trend
+6.9%
Revenue
$2.9 billion
NASDAQ

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