Liability Claims Specialist

Coterie Insurance · via Himalayas ·

Budget / Salary$75,000–110,000
TypeFull-time job
LocationUnited States
Posted3 hours ago
Who we are:
Through a partnership-based approach, Coterie helps insurance professionals unlock untapped revenue in the small commercial space. With an innovative quoting platform that delivers accurate pricing and bindable quotes in less than one minute, Coterie makes small business insurance effortless.

We are on a mission to build and foster a world-class team to bring speed, simplicity, and service to commercial insurance. We value integrity, humility, passion, and intelligence. If you want to push yourself, promote social good, and reshape a $200B+ market, we’re excited to talk to you!
What will the Liability Claims Specialist do?
Coterie is evolving its claims experience, and we need an experienced Liability Claims Specialist. You’ll be working closely with our Claims Leadership Team, assisting internal and external stakeholders. If you are a go-getter who has passion for commercial property and casualty claims and want to change the insurance industry, we want to talk to you!

Core Hours Needed: Monday-Friday 8:00am-5:00pm (in your US time zone)

Develop and implement strategy to resolve Commercial Property and Casualty, General Liability, Property and Professional Liability claims of moderate level of severity and complexity, but may be required to handle volume

Coordinate and collaborate with cross-functional Coterie team members on process, product, project, insurance, and other global enterprise initiatives

Investigate claim and review the insureds' and claimants’ materials, documents, reports etc.

Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel, when necessary as well as review coverage counsel's opinion letters and analysis

Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care

Analyze coverage and damages for purposes of estimating, assessing and recommending reserves

Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to claims inquiries from insured, counsel, underwriters, brokers, and senior management

Negotiate resolution of claims

Assist in the development, shaping, adherence to, and execution of best practices

Maintain vendors list for field investigators, appraiser’s, experts, fraud investigators and CAT alerts.

Maintain contact and oversight with the TPA claim staff

Work with underwriting on appetite selection, form development.

Identify and review of each jurisdiction's applicable statutes, rules, and case law

Analyze, and direct initial risk transfer, subrogation/salvage action, additional insured issues, and contractual indemnity issues, to ensure equitable contribution across all claim stakeholders

Retain counsel when necessary and direct counsel in accordance with resolution strategy

Prepare and present written/oral reports to senior management setting forth all issues influencing evaluation and recommending reserves

Travel to and from locations within the United States to attend mediations, trials, and other proceedings relevant to the resolution of the matter. Expected travel
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