Initial Loss Reporting Associate Jobs in Arizona

Company Details

Berkley Aspire is passionate about making excess and surplus lines business easy to transact.  We differentiate ourselves by continually innovating to bring market-leading technology and services to our agents and their clients. 

From direct bill with installments, to not requiring renewal applications for 80% of our small business policies, we focus on making it easy, expeditious, and efficient for agents and consumers.

Berkley Aspire writes from small, minimum premium, policies to accounts over six figures.  We offer General Liability, Property, Inland Marine and Excess policies through Berkley appointed agencies in 49 states.

Benefit Highlights Aspire offers Medical, Dental and Vision coverage. Our onsite Scottsdale, AZ Wellness Center and companywide Employee Assistance Program are free to employees and are here to support your overall well-being. Our flexible work schedule with a work-from-home day means you can balance work and life like a pro. Our Health Savings Accounts have automatic company contributions if you sign up, and we offer Flexible Spending Accounts, STD, LTD, life insurance policies, and more. Plus, we offer a 401(k) program, profit-sharing program, and stock purchase plan - investing in your future has never been so rewarding. We've got you covered with competitive paid time off, paid sick time, and 12 weeks of paid parental leave. Plus, you get paid holidays, a floating holiday, and paid volunteer time - because giving back to the community is important to us at Aspire! Come grow with us! Level up with company sponsored conferences, tuition assistance, and industry-related education and exams. We have many internal promotional growth opportunities - because we believe in growing together. We believe in working hard and playing hard. We embrace team building and are enthusiastic about sponsoring fun activities inside and outside of the office. Our Plum Benefits program gives you cost-free access to thousands of exclusive travel and entertainment discounts - it's like a VIP pass to fun.

www.berkleyaspire.com

Responsibilities

The Litigation Specialist's job function includes efficiently and effectively handling advanced-level, primarily litigated, commercial first-property and/or third-party general liability losses in a "paperless" environment. An ability to communicate both verbally and in written form in a prompt, courteous and professional manner is essential.

This role can be based in our Scottsdale, AZ, West Chester, OH offices, or across various US locations.

Responsbilities include:

• Review and set up new loss assignments in a timely manner in compliance with department guidelines and best practices.
• Establish appropriate initial loss and expense reserves and continue to regularly evaluate the file for adequacy, accuracy and adherence to reserving guidelines.
• Analyze and interpret policy language in conjunction with specific loss facts to reach appropriate coverage decisions.
• Draft frequent and complex coverage correspondence, including reservation of rights and coverage disclaimers in compliance with various state statutes and regulations.
• Compose a variety of other detailed correspondence to insureds, claimants, attorneys, agents and Regulatory agencies.
• Proactively manage primarily litigated claim files from inception to closure, including identification and investigation of coverage, liability and damage issues, determination and efficient execution of an appropriate plan of action, and prompt, economical file resolution, in compliance with department guidelines and best practices.
• Appropriately and clearly document all claim file activity, including current strategy, plan of action and exit plan in file notes.
• Consistently demonstrate comprehensive coverage analysis, investigation, evaluation and negotiation skills at an advanced level.
• Direct and control the activities and costs of numerous outside vendors including defense counsel and coverage counsel, experts and independent adjusters.
• Effectively present and discuss loss facts and issues in roundtable discussions to peers and members of management at all levels.
• Compose and transmit in a regular and timely basis frequent Large Loss Reports and other detailed reporting documents as appropriate.
• Manage and monitor file caseload through the use of various resources.
• Obtain all required state adjuster licenses and maintain them as required via compliance with mandatory continuing education requirements.
• Serve as a technical resource within the department through mentoring and knowledge-sharing, whether one-on-one, in small groups, or presentations to larger groups.
• Meet with intern personnel and others as needed to provide job function overview and/or specific subject-matter training.
• Occasional participation in projects and initiatives lead by other departments and/or W. R. Berkley companies, including audits, workshops, focus groups, task forces, etc.
• Initiate appropriate communication with members of management and other departments.
• Attend internal and external seminars and other training events and provide feedback to peers and/or members of management.

#LI-Remote

Qualifications

• A minimum of fifteen years of experience in insurance claims.
• Excess and Surplus lines background preferred.
• Construction defect experience is beneficial.
• Commercial General Liability experience is required.
• CPCU, AIC, AEI or other insurance-related classes/designations preferred.
• High School Diploma is required.
• Certifications are required by state.

Additional Company DetailsWe do not accept unsolicited resumes from third party recruiting agencies or firms.Additional Requirements While performing the duties of this job, the employee is typically required to sit and talk or hear. The employee is infrequently required to stand; walk; reach with hands and arms and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job typically includes close vision, occasional use of depth perception, and infrequent need for distance vision, color vision, and ability to adjust focus. The noise level in the work environment is usually moderate. Most functions of this position are completed while sitting at one's desk and working on a computer. Sponsorship DetailsSponsorship not Offered for this RoleEmployment Type: OTHER