Note: The job is a remote job and is open to candidates in USA. RiverStone is a global insurance and reinsurance services organization specializing in legacy insurance management, claims administration, and risk solutions. The Senior Claims Analyst directly handles commercial general liability and excess general liability claims, including coverage and liability evaluation, reserve recommendations, litigation management, risk transfer, settlement, and claim resolution, while mentoring less experienced analysts and managing external relationships.
Responsibilities
- Direct handle commercial and business general liability claims
- Mentors and guides less experienced claim analysts
- Manages external relationships including third party administrative oversight
- Anticipates and identifies risks and opportunities on coverage and liability
- Anticipates and identifies transfer of risk, tender and/or indemnification
- Directly handles and/or assists in monitoring, reviewing, and coordinating the activities involving commercial and/or personal lines insurance claims, including analysis of coverage issues, establishment of adequate reserves, and the resolution and closure of claims
- Reviews loss notices; confirms and interprets policy coverages; establishes adequate reserves; and investigates and handles claims involving primary, umbrella, and/or excess policies
- Manages litigation with Preferred Counsel under Alternative Fee Arrangements or other defense fee structures. Pursues and maximizes all risk transfer opportunities by contract or by insurance policy language
- Assigns and manages work of defense counsel, assignment of expert witnesses and interfacing with peer carriers including design and execution of defense and indemnity contracts, evaluation of liability and damages and participation in settlement negations
- Ensures proper file setup, reserving, general handling, and application of company procedure
- Participates in developing claims handling strategies, including defense coordination, litigation strategy, motion practice, and budgets, and expense control
- Records specific claims information and reports as appropriate to a manager relative to pertinent financial and general statistical records
- Maintains diary control, investigates, analyzes, and reports to ensure maintenance of proper reserves to reflect the company’s exposure and reports to our Reinsurance Department to assist in providing notice to reinsurers and the Reinsurance Department’s recovery of specific amounts when payment exceeds the company’s retention
- Handles large volume of diverse and dynamic claims effectively
- Assists in Due Diligence inquiries as assigned
Skills
- At least seven **(7) years of Commercial GL experience, some of which with Excess Trucking**
- Primary GL required
- Excess GL preferred
- CPCU, SCLA, CCLA
Benefits
- Remote or Hybrid in Manchester, NH/Garden City, NY
- Collaborate with a smart and people-oriented group of legal and claims professionals
- Growth opportunities
- Health Reimbursement account that pays you to golf, exercise, and more!
Company Overview