Overview
This is an exciting opportunity to join the Liberty GTS Claims team in the Americas and work closely with the Americas Head of Claims. The successful candidate will manage transactional liability claims, with a primary focus on Representations & Warranties and Tax insurance policies. The role involves directing coverage investigations, establishing and maintaining adequate reserves, and leading efficient, strategic claim resolutions in an expeditious and economical manner.
Key Responsibilities- Manage M&A insurance claims from point of notification through to claim disposition.
- Conduct and direct comprehensive coverage investigations.
- Within prescribed settlement authority, establish and regularly review appropriate indemnity and expense reserves; make recommendations to set adequate reserves for claims outside of authority level.
- Prepare clear, comprehensive written reports and communicate specific claim trends and policy issues to management and underwriting.
- Adhere to the line of business litigation guidelines, including budget, bill review, and payment.
- Drive proactive case resolution, including leading negotiations, mediations, and arbitrations within settlement authority.
- Collaborate with underwriting, insureds, brokers, coverage counsel, experts, and co-insurers throughout the claims process.
- Participate in the claims audits and support claims-related marketing services by engaging with brokers, risk managers, and reinsurers.
The successful candidate will have a legal background in insurance and/or transactional law, with experience handling Reps & Warranties claims in private practice or in-house. The role requires advanced knowledge of claims handling principles, including coverage analysis and product line expertise. Demonstrated superior verbal and written communications skills. Advanced analytical, decision making, and negotiation skills.
Qualifications- JD preferred and bachelor’s and/or advanced degree
- 10 years of overall claims experience with 3-5 years of Reps and Warranty experience
- Highly advanced knowledge of claims handling concepts, practices and techniques, including but not limited to coverage issues and product line knowledge
- Functional knowledge of law and insurance regulations in various jurisdictions
- Demonstrated superior verbal and written communications skills
- Highest level of advanced analytical, decision making and negotiation skills
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role.
Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups.
Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit:
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Beneficiary/Locations- California
- Los Angeles Incorporated
- Los Angeles Unincorporated
- Philadelphia
- San Francisco
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