Claims Representative handling executive liability claims for Great American Insurance Group’s Canadian market. Evaluating coverage, liability, litigation strategies, settlements, and claim resolutions remotely.
Responsibilities
Handle an inventory of claim files
Perform detailed analysis of each claim
Evaluate coverage and liability
Issue written coverage opinions and monitor all aspects of claims files toward resolution
Hire, monitor, and pay defense counsel
Develop and implement claim litigation and resolution strategies
Maintain accurate and detailed claim files, including correspondence, reports, and settlement agreements
Provide information to underwriters and reinsurers on specific claims or insureds and relevant legal trends and issues
Secure and analyze reports, policies, appraisals, releases, statements, records, and other documents during claim investigations
Attend arbitrations or mediations as necessary
Affect settlements and reserves within prescribed limits and submit recommendations where applicable
Ensure claims handling complies with applicable statutes, regulations, legal requirements, company procedures, and policies
Provide technical advice to other functional areas
Perform other duties as assigned
Requirements
University degree, college diploma, CIP coursework, or equivalent insurance industry experience preferred
Experience with condominium corporations, strata corporations, homeowners associations, nonprofit organizations, property management firms, or community associations highly desirable
Equivalent combinations of education, insurance industry or property management experience, claims handling experience, legal experience, or professional designations will be considered
Generally, 6 months to 5 years of claims, paralegal, law clerk, or property management experience
Possess or obtain once hired the necessary provincial insurance adjustor license(s)
Functional analytical, negotiation, and problem-solving skills
Ability to organize and prioritize caseload
Strong interpersonal and communication skills
Ability to handle confidential information with discretion
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