RiverStone · 2 months ago
Claims Examiner, Asbestos, Pollution and Other Health Hazards
RiverStone is a company specializing in the management of legacy and run-off insurance businesses. They are seeking a Claims Examiner to handle complex claims related to asbestos, pollution, and other health hazards, involving coverage analyses, liability investigations, and litigation management.
Financial ServicesInsurance
Responsibilities
Review loss notices; confirm and interpret policy coverages; establish adequate reserves; and investigate and handle claims involving primary and excess coverages
Responsible for assignment to and control of work of defense counsel, assignment of expert witnesses, and interfacing with peer carriers, including design and execution of defense and indemnity contracts, evaluation of liability and damages, and participation in settlement conferences
Ensure proper file setup, reserving, general handling and application of company procedure and coverage interpretation philosophy
Participate in developing claims handling techniques, including defense coordination, expense control, and strategy
Provide specific claims information to senior management relative to all new notices of loss and maintain specific financial and general statistical records which are used for reporting to management
Maintain diary control of reported cases to ensure maintenance of proper resources to reflect the company’s exposure and adequate notice to reinsurers, and recovering of specific amounts when payment exceeds the company’s retention
Perform special projects and assignments related to area of authority
Qualification
Required
Minimum of 5 years of experience handling commercial line and/or multi-line claims or comparable experience
College Degree (4-year) required
Excellent analytical, interpersonal, and communication skills, both written and oral required
Proven track record of working independently and meeting assigned deadlines
Preferred
5-10 years handling complex claims and coverage issues preferred
JD, DPCU, SCLA, CCLA desired
Benefits
Competitive compensation and benefits packages
Exceptional health benefits program
Potential for an annual financial reward based on both individual and company performance
Company-matched 401k plan
Flexible work arrangements
Paid parental leave
Adoption assistance/reimbursement
Pre-tax flexible spending accounts for healthcare and dependent care
Generous employee stock purchase plan through RiverStone’s parent, Fairfax Financial
Tuition reimbursement
Health and wellness programs
Time off for charitable endeavors
Generous charitable giving company match
Sabbatical program after 10+ years of employment
Site-specific perks available including an on-site gym
Casual dress code
Free lunch Fridays
Company
RiverStone
We Deliver RiskSmart Run-Off(R) Solutions With Global Reach Aligning risk with the need for capital efficiency and greater business focus is a key challenge for insurers and reinsurers.