Claim Examiner-Casualty Property Damage (hybrid) at RLI in Chicago, IL

Job description

About Us We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn’t just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us. RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company. Principal Duties & Responsibilities -Proactively handle third-party general liability claims (including some bodily injury, but with an emphasis on property damage claims) to achieve optimum payout results by resolving claims fairly, expeditiously, and economically. -Assess and analyze coverage issues on claims, and issue appropriate coverage letters and documentation. -Complete timely investigation of claims and post appropriate reserves. -Pursue risk transfer opportunities, including dealing with contractual indemnity and additional insured issues. -Handle claims in accordance with RLI's Best Practices. -Resolve claims in timely manner to an effective outcome. Education & Experience Typically requires a bachelor’s degree in business administration, insurance, or a related field and 3+ years of relevant legal or insurance related experience. A law degree is a plus. Knowledge, Skills, & Competencies -Meaningful experience handling general liability claims involving bodily injury and property damage. -Ideal candidate will have superior working knowledge of case law, statutes, and procedures impacting the handling and value of claims. -Proactive investigation, risk transfer, claim handling, attorney management, and claims resolution are essential. -Superior writing and communication skills to work effectively with insureds, claimants, underwriters, other team members, and upper management. Compensation Overview The base salary range for the position is listed below. Please note that the base salary is only one component of our robust total rewards package at RLI. The salary offered will take into account a number of factors including, but not limited to, geographic location, experience, scope & responsibilities of the role, qualifications/credentials, talent availability & specialization, as well as business needs. The below range may be modified in the future. Base Pay Range $71,821.00 - $102,704.00 Total Rewards At RLI, we're all owners. We hire the best and the brightest employees and allow them to share in the company's success through our Total Rewards. With the Employee Stock Ownership plan at its core, the Total Rewards program includes all compensation, benefits and perks that come with being an RLI employee. Financial Incentives Annual bonus plans Employee stock ownership plan (ESOP) 401(k) — automatic 3% company contribution Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings) Work & Life Paid time off (PTO) and holidays Paid volunteer time off (VTO) to support our communities Parental and family care leave Flexible & hybrid work arrangements Fitness center discounts and free virtual fitness platform Employee assistance program Health & Wellness Comprehensive medical, dental and vision benefits Flexible spending and health savings accounts 2x base salary for group life and AD&D insurance Voluntary life, critical illness, & accident insurance for purchase Short-term and long-term disability benefits Personal & Professional Growth RLI encourages it