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Major Litigation Unit Consulting Director
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$127,000 - $199,000
Full-time
- JOB DESCRIPTION :The National base pay range for the Major Litigation Unit Consulting Director is $127,000 to $199,000.
- Verifies coverage, sets and manages timely and adequate reserves by reviewing and interpreting policy language and partnering with coverage counsel as needed, estimating potential claim valuation, and following company's claim handling protocols.
- Drives the resolution of claims by collaborating with internal and external business partners to develop, own and execute a claim resolution strategy, that includes management of timely and adequate reserves, collaborating with coverage experts, negotiating complex settlements, partnering with counsel to manage complex litigation and authorizing payments within scope of authority.
- Discovers and addresses subrogation/salvage opportunities or potential fraud occurrences by evaluating the facts of the claim and making appropriate referrals to appropriate Claim, Recovery or SIU resources for further investigation.
- Reporting RelationshipTypically AVP or aboveSkills, Knowledge & AbilitiesExpert knowledge of commercial insurance industry, products, policy language, coverage, and claim practices.
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