Senior Large Loss and Litigation Adjuster

Posted 14ds ago

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Job Description

Senior Large Loss and Litigation Adjuster managing high-value bodily injury claims and overseeing litigated matters. Responsible for evaluating claims, negotiating settlements, and mentoring junior adjusters.

Responsibilities:

  • Evaluate and manage bodily injury claims from initial reporting to resolution including litigation, ensuring compliance with company policies and legal requirements.
  • Conduct thorough investigations to assess the nature and extent of injuries, gathering relevant documentation and evidence.
  • Assess and manage extra-contractual claims, ensuring proper documentation and adherence to legal and regulatory standards.
  • Collaborate with medical professionals, legal teams, and clients to develop a comprehensive understanding of each case.
  • Keep policyholders informed throughout the claims process, providing regular updates and addressing any questions or concerns they may have.
  • Negotiate settlements with claimants and their representatives in accordance with company policies and regulatory requirements, striving for fair and equitable outcomes.
  • Prepare detailed reports and documentation to support claim evaluations and settlement negotiations.
  • Monitor case developments and provide updates to management and stakeholders as necessary.
  • Collaborate with internal parties, legal counsel, and management, to resolve complex claims and mitigate risk.
  • Maintain accurate and detailed claim files, documentation, and activity logs in accordance with company standards and industry best practices.
  • Stay current with industry trends, regulations, and best practices in bodily injury claims management.
  • Train and mentor junior staff on claims handling processes and strategies.

Requirements:

  • A bachelor's degree or comparable insurance experience.
  • A minimum of 10 years of experience in bodily injury claims adjusting, including extra-contractual claims.
  • Extensive litigation and legal knowledge.
  • Strong knowledge of insurance principles, policies, and procedures.
  • Enhanced knowledge of medical terminology, anatomy, and injury assessment.
  • Excellent analytical and decision-making skills with the ability to assess complex issues and negotiate fair settlements.
  • Proven negotiation and communication skills, with a track record of successful settlements.
  • Ability to analyze complex information and make sound decisions.
  • Proficiency in claims management software and Microsoft Office Suite.

Benefits:

  • Health insurance
  • Retirement plans
  • Paid time off