- Location:
Multiple locations - Salary/Wage:
0.00 - 0.00 /year - Industry:
Accounting/Finance/Insurance - Work Experience:
7+ to 10 Years - Career Level:
Experienced (Non-Manager)

- Reference Code:
7832
CNA has provided essential insurance to businesses for more than 100 years. We are respected worldwide as experts in understanding risks with an innovative portfolio of products and services. CNA products include standard commercial lines, specialty lines, surety, marine and other property-casualty coverages. CNA services include risk management, information services, underwriting, loss control and claims administration. Our comprehensive approach to insurance opens doors to an array of career opportunities. We offer an environment that challenges you to learn, to use your imagination and to gain professional qualifications in a company where you are part of a team pursuing common goals.

CLAIMS CONSULTANT - PROPERTY LARGE LOSS ADJUSTER A/K/A GENERAL ADJUSTER
CNA Insurance is currently recruiting for a large loss commercial property adjuster. CNA defines large loss as claims of over $500,000. The qualified candidate will have experience handling commercial property claims. Personal lines experience will not be considered a match. The individual in this position will travel 50% of the time and will focus primarily on the Midwestern States. Our ideal candidate will have experience working for an insurance carrier handling complex property losses and a working knowledge of and experience with business interruption claims.
Job Summary
Individual contributor responsible for the overall management of highly complex claims. Recognized as a technical expert in the interpretation of complex or unusual policy coverages in area of expertise. Under general management direction, works within assigned limits of broad authority on assignments requiring a high degree of technical complexity and coordination. May have regional, industry segment or company-wide scope of responsibility within specialty area.
Essential Duties & Responsibilities
1. Works on highly complex investigations of claims, liability, compensability and damages. Determines if a major claim should be settled or litigated.
2. Manages all types of investigative activity on major claims. Coordinates discovery and litigation strategy with staff counsel or panel attorneys.
3. Negotiates highly complex settlement packages, sets reserves and authorizes payment within scope of authority, settling claims in most cost effective manner and ensuring timely issuance of disbursements.
4. Coordinates third party recovery with subrogation/salvage unit.
5. Makes recommendations on claims policy and processes to management.
6. Analyzes claims activities; prepares and presents reports to management.
7. Works with attorneys, account representatives, agents, doctors and insureds regarding the handling and/or disposition of highly complex claims.
8. Keeps current on state/territory regulations and issues, industry activity and trends. May participate in industry trade groups..
9. May provide guidance and assistance to less experienced claims staff and other functional areas.
10. May be responsible for special claims projects and presentations.
May perform additional duties as assigned.
Reporting Relationship
Manager or above.
Skills, Knowledge & Abilities
1. Advanced technical and product specific expertise, claims resolution skill and knowledge of insurance and claims principles, practices and procedures.
2. Strong communication, negotiation and presentation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
3. Advanced analytical and problem solving skills, with the ability to manage and prioritize multiple projects.
4. Ability to deal with ambiguous situations and issues.
5. Creativity in resolving unique and challenging business problems.
6. Knowledge of Microsoft Office Suite and other business-related software.
Education & Experience
1. Bachelor's degree or equivalent experience. Professional designation preferred.
2. Minimum eight years claims experience. Experience handling larger, complex property losses required. Ideal candidate will have handled losses over $500,000 and will have a working knowledge of and experience with business interruption claims.

