Travelers

Travelers

Major Case Specialist - SRG Claim

IN - Indianapolis

Sponsorship not specified$109k-$180kDetected 27 days ago
Account ManagementFinancial AnalysisValuationResearchLeadershipCommunicationMentoringPublic SpeakingActuarial ScienceLoss ReservingUnderwriting

About the role

  • Join us to discover a culture that is rooted in innovation and thrives on collaboration.
  • Imagine loving what you do and where you do it.
  • Salary Range $109,300.00 - $180,200.00 Target Openings 1 What Is the Opportunity?

Responsibilities

  • Develop budgets and financial analyses; maintain appropriate defense and indemnity estimates.
  • Recommend action and manage claims and accounts with full damage values that usually exceed $1,000,000.
  • May serve as a technical coach to claim professionals handling their own inventory of complex claims, building knowledge of those matters.
  • Lead or represent the unit/office on special projects at request of management.
  • Perform other duties as assigned.
  • Aided by your expertise, you will develop strategies to successfully resolve these claims in the most efficient and effective way while meeting established protocols and delivering optimal customer service.
  • May serve as a technical coach for claim professionals handling their own inventory of complex claims, building knowledge of those matters.
  • Apply knowledge of relevant legal concepts and the litigation environment in multiple jurisdictions to evaluate damages and develop appropriate course of action.
  • Provide guidance to underwriting business partners with respect to accuracy and adequacy of, and potential future changes to, loss reserves on assigned claims.
  • Proactively develop and execute a strategic file management plan that achieves optimal file resolution, including as appropriate: research and recommendation of counsel

Requirements

  • Bachelor's degree.
  • If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
  • In the handling of our most complex claims with a high degree of independence, your responsibilities may include:
  • Maintain well-documented and organized claim files. Maintain proficiency with SRG claim systems and databases. Adhere to applicable requirements for data accuracy. Efficiently manage file inventory.

Nice to have

  • Analytical Thinking.
  • Judgment & Decision-Making.
  • Relationship Management.
  • Business Perspective.
  • Knowledge of Regulatory and Claim Environments.
  • Planning & Organizing.
  • Working Independently.
  • Application of Departmental Practices & Procedures.

Compensation

  • $109,300.00 - $180,200.00
  • Authority - Payment and resolution on individual matters up to $500,000. Manage total exposure by claim or account that often greatly exceeds $1,000,000.
  • Responsible for coverage analysis for claims and accounts with full damage values that often greatly exceed $1,000,000.
  • Recommend action and manage claims and accounts with full damage values that usually exceed $1,000,000.
  • Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum.
  • When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account.

Benefits

  • Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
  • You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs.
  • In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • With general supervision, you will independently manage our most challenging high frequency and high severity claims and accounts which routinely present unique, complex liability and coverage issues.
  • Your case assignments will include multi-plaintiff and multi-jurisdiction litigation with the potential for shaping future legal precedent in the areas of coverage and liability, as well as nationwide valuation trends.
  • Claims typically involve complex trigger, allocation, limits, and exclusion issues for which incorrect analysis could result in coverage beyond the original intent.
  • Prepare coverage recommendations and present to management.

This listing is sourced directly from Travelers's careers page and normalized into a canonical job model.