Sr. Liability Claims Specialist

Posted Yesterday
Be an Early Applicant
Chicago, IL
85K-100K Annually
Senior level
Real Estate
The Role
Oversee and manage a portfolio of general liability claims, coordinating with various stakeholders and ensuring timely resolution of claims.
Summary Generated by Built In

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. general liability claims portfolio. Reporting to the America’s 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 180 open general liability claims, which include 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 preferred; 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 also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.


The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.


The company will not pay less than minimum wage for this role.


The compensation for the position is: $85,000.00 - $100,000.00

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 [email protected]. Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”

Top Skills

Microsoft Office Suite
Risk Management Information Systems
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The Company
HQ: Chicago, IL
53,000 Employees
On-site Workplace
Year Founded: 1917

What We Do

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.

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