What are the responsibilities and job description for the Litigation Adjuster - Construction Specialist position at Merchants?
Litigation Adjuster – Construction Specialist
Hybrid Work Schedule
Buffalo, NY
Merchants Insurance Group, is a leading Property and Casualty Insurer in the Northeast, and is looking for a Litigation Adjuster – Construction Specialist to join our growing Claims Legal Team in our Corporate Headquarters located in Buffalo, New York.
The Litigation Adjuster will become part of a dedicated team handling a variety of claims. Experience in handling New York labor law and/or construction defect claims is preferred, but not required. This position interacts extensively with internal colleagues as well as policyholders, agents, attorneys and a multitude of claim-related service providers.
Merchants Insurance Group is proud to be named one of Buffalo Business First’s Best Places to Work in Western New York for a 2nd consecutive year and to be named both a “Fast Track” company and Top Private Company for the 5th year in a row by Buffalo’s Business First. Merchants has also been named as one of Ward's top 50 performing insurance companies in the United States for the 3rd year in a row. Ward's is the provider of benchmarking and best practices for the insurance industry. They analyze staff levels, compensation, business practices and expenses for all areas of company operations.
Merchants offers its colleagues a Hybrid work schedule. The Hybrid work schedule requires 8 full days per month in the office, with the option to work the remaining days at home or in the office. This exciting Hybrid Work benefit offers colleagues a flexible work schedule with the ability to remain connected with their Merchants team and colleagues.
Essential Duties and Responsibilities include, but are not limited to:
- Cultivating relationships with claims and other internal staff, policyholders, attorneys, agents and a variety of service providers and experts all while working towards achieving the most optimal outcomes for Merchants and our policyholders.
- Providing a high level of customer service while managing a portfolio of complex and high exposure litigated claims involving complex liability and damage issues.
- Evaluating coverage by interpreting/applying policy language to claim facts and preparing appropriate and timely coverage position letters.
- Conducting and directing timely and quality claim investigation, evaluation and equitable settlement of all assigned claims.
- Ensuring timely and accurate reserves consistent with established reserving philosophy and practices.
- Negotiating fair and equitable settlements directly with claimants.
- Identifying risk transfer opportunities through trade contracts and/or applicable law.
Qualifications & Skills:
- Qualified candidates will have a 4 year degree or equivalent work related experience.
- A minimum of 5 years’ experience handling New York Labor Law, construction defect and/or third-party property damage claims.
- Candidates with a JD and insurance defense experience looking for a new career path are encouraged to apply.
- Ability to oversee and manage defense counsel, select and retain appropriate experts and develop appropriate resolution strategies.
- Professional designations or working towards industry specific designations are a plus.
- Exceptional organization, negotiation, verbal and written communication skills are required.
Merchants Insurance Group Pay information:
Merchants Insurance Group offers a competitive pay scale. The actual compensation will be determined based upon experience and other factors permitted by law. The pay range for this position is $75,000 - $105,800.
Merchants Insurance Group Benefits:
- Welcoming and positive work environment.
- Colleague Appreciation events.
- Flexible work arrangements, including flex scheduling and summer hours.
- Hybrid work schedule. The Hybrid work schedule will require 8 full days per month in the office, with the option to work the remaining days per month at home or in the office.
- Competitive pay scale.
- Generous paid time off package.
- Full Benefits: Health, Dental, Vision, Life Insurance, Short Term Disability, 401(k) employer match amount is 100% up to 6% of your annual contributions. You are immediately 100% vested in the employer match dollars.
- Outstanding company bonus program.
- Tuition Reimbursement.
And many more exciting company benefits!! EOE
Salary : $75,000 - $100,000