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Starr Insurance

Claims Manager, Risk Management

Posted One Month Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
150K-165K Annually
Expert/Leader
In-Office
Chicago, IL, USA
150K-165K Annually
Expert/Leader
Oversee third-party administrator and direct handling of primary and excess general liability claims. Responsibilities include coverage analysis, liability investigations, reserve evaluations, claim audits, site visits, litigation management, mediations, settlement negotiations, trial attendance, and loss reporting to underwriters, actuaries, and reinsurers. The role requires managing complex CGL coverage issues and property damage and bodily injury exposures across multiple jurisdictions.
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Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Preferred Location: Chicago

Alternate Locations: Atlanta, Philadelphia, Houston or Dallas

The Claims Manager, Risk Management will be responsible for:

·         Active oversight of claims currently managed by a Third Party Administrator as well as direct

          handling of an active inventory of primary and excess claims related to policies written out of  

          the Risk Management Profit Center in various jurisdictions

·         Performing prompt coverage analysis and determination, investigation into liability and

          defenses, and timely reserve evaluations

·         Perform audits through claim systems and on-site visits

·         Required to attend mediations, settlement conferences, etc. to negotiate cost-effective

          settlements and attend trials on an “as needed” basis

·         Provide timely and meaningful information to underwriters, actuaries and reinsurers to update

          them regarding losses which could impact Starr’s policies

Job Requirements:

  • Bachelors Degree required. JD preferred but not required
  • 7 - 10 years of experience in handling general liability claims and/or relevant litigation experience 
  • Prior experience evaluating complex coverage issues related to CGL policies
  • Experience working with and managing TPAs
  • Demonstrated success managing litigation, evaluating and negotiating claims, involving both property damage and bodily injury exposures
  • Customer focus with excellent interpersonal, written and verbal communication skills
  • Detail oriented
  • High degree of personal organization and time management skills
  • Pro-active. Must have a sense of urgency
  • Ability to prioritize and perform successfully in a fast-paced environment
  • Proficiency in Microsoft Word and Excel
  • Some travel is required and will vary depending on business needs and caseload

#LI-LS1

For individuals assigned and/or hired to work in Boston, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $150,000-$165,000

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Starr Insurance Chicago, Illinois, USA Office

500 W Mon # 26, Chicago, Illinois, 60661, United States, Chicago, United States, 60661

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