Resolute Management Inc. is a Third-Party Administrator hired by clients to handle complex environmental, asbestos, and/or latent type insurance claims. We are proud to be an affiliate of the Berkshire Hathaway group of …
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$110k–$130k/yr
Full-time
bachelor degree, postgraduate degree
Posted 9d ago
~40 hrs/week
Responsibilities
The Account Manager monitors and coordinates complex environmental, asbestos, and latent insurance claims, including resolving coverage issues and establishing reserves. They collaborate with defense counsel, reinsurers, and internal legal teams to manage case resolution and settlement strategies.
Requirements
A bachelor's degree is required, with a J.D. or CPCU designation preferred. Candidates should have at least three years of experience handling complex general liability, environmental, or latent claims.
Full job description
Resolute Management Inc. is a Third-Party Administrator hired by clients to handle complex environmental, asbestos, and/or latent type insurance claims. We are proud to be an affiliate of the Berkshire Hathaway group of insurance companies and we believe our structure allows our employees to experience the benefits of a large company with a friendly, small company atmosphere. Our headquarters are located in Boston, MA, and we have additional offices located in Chicago, Philadelphia, and Stamford, CT.
POSITION SUMMARY:
The Direct Claims Account Manager directly handles the monitoring, reviewing and coordinating activities involving environmental, asbestos, and latent type claims, including resolution of coverage issues and establishment of adequate reserves.
DUTIES:
Analyzes, investigates, and evaluates new loss notices and claim tenders.
Works with policy search teams to find copies of alleged coverage where appropriate.
Expeditiously analyzes and positions claim under applicable primary, umbrella and excess coverage.
Coordinates the retention of defense counsel with internal/external stakeholders.
Coordinates and establishes defense strategy with insured, defense counsel and/or other participating insurance carriers.
Pro-actively manages the case resolution process. Actively participates in mediations as needed, within limit of settlement authority.
Works with the reinsurance department to provide notice of new accounts, updates on existing accounts and responds to specific reinsurer inquiries.
Works with in-house Legal/management to manage declaratory judgment actions, including formation and implementation of resolution strategy, settlement valuation and obtaining settlement authority.
Collaborates on setting reserves at appropriate level for claims.
Coordinates timely processing of payments including verifying proper allocation of such payments across appropriate policies
Manages ALAE through strategic handling and bill review/payment processing in coordination with the billing unit.
Appropriately documents claims in hard copy and/or systems in accordance with established guidelines.
Obtains and maintains adjuster licenses, as required.
Travels as necessary.
PERFORMANCE REQUIREMENTS:
Strong analytical skills.
Strong verbal and written communication skills including proper grammar usage and imparting information in a clear and concise manner.
Strong interpersonal skills.
Ability to meet assigned deadlines.
Promptly responds to inquiries with a sense of urgency.
Ability to work in a collaborative and cooperative office environment.
Ability to multi-task and effectively deal with interruptions.
Ability to follow instructions and established procedures.
Proficiency with MS Word, Excel, Office, TEAMS, and internet applications.
Highly attentive to details.
Able to work under pressure and execute good judgment in sensitive situations.
EDUCATION:
BA/BS degree required.
J.D. preferred.
CPCU or other industry designation a plus.
EXPERIENCE:
Minimum three years of experience handling complex general liability claims,environmental and/or latent claims, or a legal degree with insurance coverage or relevant experience preferred.
Job Type: Full-time
$110,000 - $130,000
Disclosure: The annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
Resolute Management, Inc. (RMI) is a Third Party Administrator hired by clients to handle complex environmental, asbestos, and/or latent type insurance claims. We have offices in Boston, Chicago, Philadelphia, and Stamford.
We are proud to be an affiliate of the Berkshire Hathaway group of insurance companies and we believe our structure allows employees to experience the benefits of a large company with a friendly, small company atmosphere.
Typical positions that we seek are:
Account Managers with experience in asbestos claims, hazardous waste, and pollution. J.D. degree is preferred. We also seek Claims Technicians, Litigation Specialists, and Liability Analysts with data modeling experience.
RMI offers a competitive salary and generous benefits package to all full time employees including but not limited to, medical and dental insurance, 401k, tuition reimbursement, and short term and long term disability insurance.
How much do Management & Leadership jobs in Massachusetts pay?
Based on 10518 listings with disclosed salaries, most management & leadership jobs in Massachusetts pay between $80k–$214k per year. Individual offers vary with seniority, company size, and specialization.
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