Full-Time Senior Licensed Casualty Claims Adjuster
Senior level licensed casualty adjuster required for a leading international loss adjusting firm whose focus is on commercial losses and claims in aviation, energy, marine, property, casualty,and special risk markets, many of which are large and complex in nature. As a leading international provider of insurance services to clients in the global insurance market, our client is looking for a technical adjuster to join their downtown Toronto office.
Independent Adjusters License
Minimum of ten (10) years handling speciality casualty claims as outlined in key responsibilities
Bachelors Degree is preferred or equivalent experience.
CIP/FCIP designation or working towards such designation
A clear understanding of loss handling for claims related to specialty casualty including:
Product liability, recall and warranty
Human rights / harassment
Complex injury claims
E&O, D&O, and financial risks
Receipt of new claim instructions and initiating claims handling procedures
Liaise with official accident investigation agencies (governmental, regulators, police, etc) and other independent agencies
Evaluate and assess all elements which may impact upon Underwriters’ potential exposure
Regularly liaise and report to Underwriters and other insurance practitioners regarding circumstances, damage, costs and cause of loss, including detailed assessment and reporting of settlement options and recommendations
Regularly liaise with Insured of Third Parties to progress claims settlement
Liaise and negotiate with prospective repair agents, manufacturers, third party claimants, consultant, lawyers in respect of damages, repair work scopes, cost estimates, litigation management, etc.
Review and report recommendations regarding costs and estimates with payment recommendation to Underwriters
Provision of general advice and assistance to Underwriters in respect of interpretation of policy conditions
Ability to prepare concise communications including Reservation of Rights letter, reports to clients, litigation management plans, legal briefs, etc.
Attend mediations, arbitrations, settlement conferences, pre-trial, etc
Work within assigned office budget to maintain productivity and WIP figures
Assist with the training of intermediate staff as required
Assist in the development and effective marketing of the company
Competitive salary depending on level of experience and qualifications, and potential for merit increases and bonuses.
The company benefits program includes: Health, Life, Disability Insurance Coverage, Pension Plan and Health Spending Account as well as vacation and holiday pay.
How to ApplyContact firstname.lastname@example.org Job ID# JOS000000224
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