Gen Re

Claims Executive - GenStar

Gen Re  •  $106k - $178k/yr  •  Atlanta, GA / Stamford, CT / Chicago, IL (Hybrid)  •  1 hour ago
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Job Description

Shape Your Future With Us

GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitted) and General Star National Insurance Company (admitted) paper (collectively, the GenStar companies). The GenStar companies conduct business through a select group of wholesale brokers, managing general underwriters (MGUs), and program administrators in the United States. The GenStar companies are members of the Berkshire Hathaway Family of Companies .

GenStar currently offers an excellent opportunity for Claims Executive - GenStar based in our Stamford, CT, Atlanta, GA or Chicago, IL office. This is a hybrid role with 3 days a week in the office.

Role Description

The Claim Executive is responsible for handling litigated and non-litigated casualty claims from inception to closure in accordance with the Company’s and the Industry’s best claims practices.

Responsibilities

  • The Claim Executive will be responsible for providing high level technical claim handling and support to GenStar clients and insureds. Specifically, the Claim Executive mitigates losses, addresses and resolves coverage issues and when appropriate, provides guidance and advice to internal and external clients and insureds.
  • The Claim Executive handles all claims in a proactive manner properly addressing all coverage issues, liability and damages to timely set reserves and mitigate the exposures.
  • The Claim Executive prepares prompt, thorough and articulate reports for clients, insureds and management and provides GenStar underwriters with valuable client information and intelligence.
  • The Claim Executive maintains adjuster licenses where required, is current with all continuing education requirements and attends internal and external industry-related educational programs.
  • The Claim Executive adheres to the Company’s technical and administrative standards/guidelines and remains current on industry standards/guidelines and legal decisions that impact claim handling and exposures.
  • The Claim Executive attends settlement conferences and/or mediations, ADR (Alternative Dispute Resolutions) and trials as warranted.
  • The Claim Executive is expected to travel as necessary and as required by the Company.

Role Qualifications and Experience

  • A minimum of 7 years insurance technical claim handling experience.
  • Undergraduate college degree.
  • Demonstrates excellence in:

o Verbal and written communications;

o Time management;

o Claims judgement;

o Business acumen;

o Organizational skills;

o Interpersonal skills; and

o Analytical skills.

  • Industry designations/course work a plus

Salary Range

106,000.00 - 178,000.00 USD

Base pay is one component of our total compensation package. In addition to base salary, employees may be eligible for benefits including medical, dental, and vision coverage, a retirement plan, paid time off, sick leave, holidays, and bonus or incentive compensation, where applicable. The actual rate of pay offered will depend on a variety of factors, including, but not limited to, skills, experience, education, certifications, geographic location, and business needs. The compensation range listed reflects the range the Company reasonably expects to pay for this position at the time of posting.

Our Corporate Headquarters Address

General Reinsurance Corporation

400 Atlantic Street, 9th Floor

Stamford, CT 06901 (US)

At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation's continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability , marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.

Gen Re

About Gen Re

Gen Re is a leading property/casualty and life/health reinsurance company. We are owned by General Re Corporation, a reinsurance holding company for global reinsurance and related operations and a subsidiary of Berkshire Hathaway Inc.

Gen Re delivers Treaty and Facultative reinsurance solutions to companies in all segments of the insurance industry. Our direct business model ensures our clients have direct access to decision makers, and underwriting, actuarial and claims experts, who understand and support their business objectives.

Gen Re is headquartered in Stamford, Connecticut. A network of 37 branch and subsidiary offices are located globally in key markets.

Our professionals bring a combination of local knowledge and global strength to our clients. We work closely with our clients to understand their objectives so that we can provide relevant capacity and differentiated services to them.

Gen Re hires and trains the best underwriters, actuaries and claims professionals in the industry. We are in the risk assumption business - just like our clients - so the work that we do on a daily basis is a valuable component of how we see and evaluate risk. We share this experience with our clients in various ways - via direct underwriter-to-underwriter dialogue, research, technical seminars, underwriting and claims roundtables and audits, to name a few.

For more information about Gen Re and access to all our current publications, please visit us on www.genre.com.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Stamford, Connecticut
Year Founded
Unknown
Website
genre.com
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