| Division: |
Headquarters
|
| Project Location(s): |
New York, NY 10001 USA
|
|
| Minimum Years Experience: |
12 |
| Travel Involved: |
20-30% |
| Job Type: |
Regular |
| Job Classification: |
Experienced |
| Education: |
Bachelors Degree |
| Job Family: |
Insurance and Claims |
| Compensation: |
Salaried Exempt |
|
Position can be
performed from any where in the US, with opportunity for office and
remote work. This role may requires domestic and some international travel. Position Description:
Lead, manage, and provide insurance coverage
guidance on high exposure complex construction claims, including professional liability, construction defect, general liability, builders' risk,
pollution liability, subcontractor default,
payment and performance bonds, employment, wage and hour, and pollution claims from initial notice through claim closure,
including subrogation and litigation domestically and globally. Reports to the
Chief Risk Officer.
Essential Duties & Key Responsibilities:
- Manage specialty, complex, and high exposure insurable claims including but not limited to professional liability, construction defect, general liability, builders' risk, pollution liability, subcontractor default, payment and performance bonds, employment, wage and hour, and pollution claims.
- Collaborate with insurance brokers, internal and external legal counsel, and claims department, Business Unit (BU) leadership, and Financial Managers to review claim strategies and recoveries.
- Demonstrate thorough understanding of insurance policies and their impact on rights to recovery and provide insight to maximize recovery.
- Provide direction to BU project claim team including project controls strategies as required by each specific claim type.
- Identify and communicate potential risks to leadership and implement mitigation strategies to reduce risk impact.
- Foster relationships and build partnerships with insurance company representatives across lines of insurance.
- Guide, advise, and strategize with outside counsel on coverage issues and simplify issues for business partners.
- Identify and manage advanced issues and address policy and business challenges with responsible carriers.
- Serve as subject matter expert on all lines of insurance and serve as contact to client teams and senior leadership.
- Provide subcontractor default project controls, including replacement subcontractor strategies, recovery of stored materials, lien holder negotiations, union nonpayment guidance, recovery through rights of offset covered under subcontract agreements.
- Understand various other lines of insurance of third parties for risk transfer, including corporate policies and possible additional insured status for our clients.
- Provide claim expertise to maximize recoveries associated with insurable and non-insurable losses and provide guidance and coordination with legal counsel for associated subrogation litigation.
- Evaluate claims and perform thorough and complete investigations, including use of interviews, expert retention, site reviews, and document review, and provide guidance on complex claims.
- Contribute to legal strategies and document production requests for litigation and mediation.
- Provide insurance coverage guidance to colleagues and business partners related to legal strategy for insurance claims.
- Research case law to assist with insurance claims recovery and strategy.
- Draft insurance coverage correspondence on behalf of the Company.
- Evaluate and advise on policy language, coverage interpretations, and coverage strategy, including during policy renewals.
- Closely monitor developing insurance coverage law and advise colleagues and business partners of changes and provide relevant guidance.
- Lead claim review process with insurers. Ensure compliance of claim handling protocols and establish anticipated losses and carrier reserves.
- Develop and facilitate national training for strategies and procedures leading to the resolution of claim related matters.
- Deliver timely feedback to BU project claim team to expedite claim submissions, recoveries, and closure.
- Negotiate monetary settlements and coverage disputes with insures to maximize coverage for client.
- Assist in due diligence review for potential mergers and acquisitions.
- Other activities, duties, and responsibilities as assigned.
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|
Qualifications:
- J.D. or Bachelor's degree and a minimum of 12 years of experience in construction insurance, risk management, legal, or claims with concentration on construction industry; or equivalent combination of education, training and/or experience
- Experience reading, interpreting, and applying insurance policies and documents
- Knowledgeable of relevant insurance law, claims laws, and applicable legal principles
- Construction industry, insurance coverage law, or related risk management experience
- Experience working with subcontractor default, general liability, builders' risk, professional liability, and pollution claims
- Knowledge of construction terminology, costs, scheduling, engineering principles and techniques, and various building systems
- Strong process and critical thinking skills with sound judgement decision-making
- Analytical and adept at processing and breaking down data into actionable information
- Strong organizational management skills, capable of directing, managing, and developing remote teams
- Self-starter with strong project management skills and capable of managing concurrent complex projects and tasks successfully to completion
strong interpersonal and teambuilding skills with ability to work across organizational levels, both internal and external - Professional written and verbal communication with effective presentation skills and ability to translate complex concepts for various levels of comprehension
- Proficient in computer skills and Microsoft Office suite of applications
- Regular travel: travel modes include air, train, vehicle, and international travel as needed
Physical
Demands: The physical demands described here are representative of those
that must be met by an employee to successfully perform the essential functions
of this job. Reasonable accommodation may be made to enable individuals with
disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently
required to sit, use hands to finger, handle, or feel objects, tools, or
controls; and reach with hands, talk, and hear. The employee frequently views a
computer monitor and frequently uses a computer keyboard. Specific vision
abilities required by this job include
close vision, peripheral vision, depth perception, and the ability to adjust focus. The employee is regularly required
to be mobile, and the employee regularly travels
both short and long distances via a variety of conveyances. The employee
occasionally performs work on-site at construction work sites,
office locations, and/oroff-site venues. The employee must regularly lift and/or move up
to 10 pounds and occasionally lift and/or move up to 25 pounds.
Work
Environment: The work environment characteristics described here are
representative of those an employee
encounters while performing the essential functions of this job. Reasonable
accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employeeregularly works in an
office or remote setting. The noise in the work environment is usually quiet to moderate in an office setting. While
performing the duties of this job, the employee may occasionally work at
construction work sites where the employee is exposed to moving mechanical
parts, high precarious places, fumes, or airborne particles, outside weather
conditions, and risk of electrical shock. The noise in the construction work
environment is usually moderate to loud. The employee is required to work in
compliance with company safety policies, procedures, and applicable laws. Turner Construction is an Equal Opportunity Employer Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity VEVRAA Federal Contractor The salary range for this position is estimated to be $150,000 - 250,000 annualized. Turner Construction provides flexible benefits, including medical, dental and vision coverage, financial benefits such as a 401(k) plan, Health Savings Account, Flexible Spending Account, wellness benefits, a voluntary legal plan, identity theft, life insurance, short-term and long-term disability coverage. In addition to our extensive benefit offerings, we provide paid vacation, wellness/sick time, holidays, paid parental leave, tuition reimbursement, employee referral bonuses, and end of year appreciation pay. |
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Turner is an Equal Opportunity Employer -
minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity.
VEVRAA Federal Contractor |
|
Turner Construction Company
life insurance, flexible benefit account, parental leave, sick time, tuition reimbursement, 401(k), remote work
Aug 29, 2024