Job Information
Cushman & Wakefield Sr. Liability Claims Specialist in Chicago, Illinois
Job Title
Sr. Liability Claims Specialist
Job Description Summary
Cushman & Wakefield is seeking a Sr. General Liability Claims Specialist who will be responsible for overseeing and managing a portion of Cushman & Wakefield’s U.S. and Canada general liability claims portfolio. Reporting to the North America Risk Manager, the role is responsible for all aspects and phases of the claims assigned to them, from initial reporting and investigation to litigation management through to settlement or denial. This position will partner with the Cushman & Wakefield business teams, third party claims administrator (TPA), insurer claim adjusters, insurance brokers, legal, and other internal and external groups to review, investigate, and assist in the decisions regarding coverage, compensability, and loss control initiatives.
Job Description
ESSENTIAL FUNCTIONS & RESPONSIBILITIES
Manage a portfolio of 200+ open general liability claims, including claims in litigation
Daily coordination with insurer claims adjusters, TPA, Cushman & Wakefield business teams, defense counsel, and other parties as needed to develop claim strategy and diligently manage claims through resolution
Secure necessary documentation to investigate the incident, evaluate liability and review contractual obligations
Analyze contractual requirements, including insurance and indemnification obligations, to evaluate liability and ability to tender
Identify claims with third party risk transfer and/or subrogation potential; diligently follow up on tender requests and pursue recovery
Manage all aspects of litigation, including reviewing and approving discovery responses on behalf of the company
Develop claims closure strategies with the TPA and ensure reserves set by the TPA are adequate; present to key stakeholders and management for settlement authority
Review all open claims at least every 30 days internally to ensure timely handling of claim and explore opportunities for cost containment and potential recoveries
Coordinate and participate in quarterly claims reviews with the TPA, insurance carriers, and insurance broker
Maintain accuracy of claims data and loss history in electronic claims system
Prepare monthly management reporting of claims, litigation, and other summaries as needed or requested
Identify loss drivers and claims trends to reduce claims frequency and severity through data analysis and improved claim management
Assist with other risk management and insurance related projects as required or requested
KEY COMPETENCIES
Proven record of managing general liability claims, both litigated and non-litigated
Ability to assess coverage, liability, contractual requirements, and claim reserves
Demonstrated ability to identify problems and implement corrective action
Ability to work in a fast-paced environment with demonstrated ability to manage and prioritize multiple tasks and large inventory of open claims with high attention to detail
Ability to understand corporate structure of a complex, publicly traded global company
Strong interpersonal and teamwork skills, including oral and written communication and ability to work with a variety of personalities at all levels of the organization
Ability to achieve successful outcomes on claims and other projects with minimal oversight
Strong analytical, problem-solving, negotiating, and decision-making skills
Understanding of commercial real estate industry is a plus
IMPORTANT EDUCATION
- Bachelor’s degree required; preferably in risk management, business or other related field but not required
IMPORTANT EXPERIENCE
5+ years in insurance, risk management and/or insurance claims roles
Experience with US general liability insurance coverages
Experience with claims management of litigated and non-litigated claims
Multi-state claims experience and ability to handle a national portfolio of claims
ADDITIONAL ELIGIBILITY QUALIFICATIONS
License or certification in claims handling, risk management and/or insurance is a plus
Proficiency in Microsoft Office Suite (Word, PowerPoint, Excel, Outlook)
Computer proficiency to utilize online Risk Management Information Systems (RMIS)
Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. Cushman & Wakefield is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by state, federal, or local law.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email HRServices@cushwake.com . Please refer to the job title and job location when you contact us.
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