RiverStone · 20 hours ago
Claims Analyst
United States
Full-time
Remote
Senior Level
7+ years expRiverStone is a company specializing in insurance solutions, and they are seeking a Claims Analyst to handle commercial claims related to liability and property. The role involves investigating claims, managing litigation, and ensuring compliance with company procedures while mentoring less experienced analysts.
Financial ServicesInsurance
Responsibilities
Direct handle commercial and business general liability claims
Mentors and guides less experienced claim analysts
Serves on Companywide committees and projects as assigned
Anticipates and identifies risks and opportunities on coverage and liability
Anticipates and identifies transfer of risk, tender and/or indemnification
Directly handles and/or assists in monitoring, reviewing, and coordinating the activities involving commercial and/or personal lines insurance claims, including analysis of coverage issues, establishment of adequate reserves, and the resolution and closure of claims
Reviews loss notices; confirms and interprets policy coverages; establishes adequate reserves; and investigates and handles claims involving primary, umbrella, and/or excess policies
Manages litigation with Preferred Counsel under Alternative Fee Arrangements or other defense fee structures
Pursues and maximizes all risk transfer opportunities by contract or by insurance policy language
Assigns and manages 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 negations
Ensures proper file setup, reserving, general handling, and application of company procedure
Participates in developing claims handling strategies, including defense coordination, litigation strategy, motion practice, and budgets, and expense control
Records specific claims information and reports as appropriate to a manager relative to pertinent financial and general statistical records
Maintains diary control, investigates, analyzes, and reports to ensure maintenance of proper reserves to reflect the company’s exposure and reports to our Reinsurance Department to assist in providing notice to reinsurers and the Reinsurance Department’s recovery of specific amounts when payment exceeds the company’s retention
Obtains and maintains claims adjuster licenses in those states requiring them
Qualification
Required
Minimum of seven (7) years of commercial, business, and high value homeowners claims handling experience or a related field
Four-year college degree required or equivalent work experience
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.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Debbie Irving
Executive Vice President & Chief Financial Officer
Bob Sampson
Executive Vice President, Chief Claims Officer at The RiverStone Group
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