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Claims Advocate – Commercial Insurance
| Company | HUB |
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| Location | Chicago, IL, USA |
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| Salary | $60000 – $73000 |
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| Type | Full-Time |
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| Degrees | |
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| Experience Level | Mid Level, Senior |
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Requirements
- Must have a minimum of 2 years total of commercial insurance claims handling experience
- P&C License required or to be obtained within 90 days of hire
- Knowledge and/or experience with professional and management liability lines of insurance coverage with detailed understanding of the following coverages: Directors & Officers, Errors & Omissions, Employment Practices, and Fiduciary Liability
- Possesses excellent knowledge of coverage and analytical skills in policy interpretation
- Aware of relevant insurance legislation and major insurance-related court decisions
- Prior experience in claims consultation with larger risk accounts
- Strong communication skills – both verbal & written, as well as effective time management and organizational practices
- Results-oriented with strong client service emphasis and focus
- Excellent interpersonal and strong negotiating skills
Responsibilities
- Claims advocate and facilitator on behalf of client
- Consultation with clients on claim issues involving Directors & Officers, Errors & Omissions, Employment Practices, and Fiduciary coverages
- Review and recommend solutions to coverage, quantum and claim handling management issues
- Negotiate with insurers, adjusters and lawyers to expedite and obtain fair settlement of claims
- Participate in sales presentations to prospective clients
- Assist the client in preparing special claims servicing instructions focusing on the client’s specific needs and taking into consideration the structure of their insurance programs
- Review and comment on policy wordings for account teams
- Review of claims with clients/insurers/loss adjusters regularly
Preferred Qualifications
No preferred qualifications provided.
