Tort Claims Litigation Specialist

Employer
Maryland State Treasurer's Office
Location
Annapolis, MD
Posted
May 03, 2021
Closes
May 05, 2021
Ref
1947475264
Function
Accountant, IT
Industry
Insurance
Hours
Full Time
The Insurance Division of the Maryland State Treasurer's Office is responsible for administering the State's Insurance Program which is comprised of both commercial and self-insurance. Commercial insurance policies are procured to cover catastrophic property and liability losses, and other obligations derived from State contracts, statutes and regulations. The State also self-insures a significant portion of its exposures and maintains the State Insurance Trust Fund to pay claims and the costs associated with handling those claims. As the claims specialist, the Litigation Manager is responsible for developing and implementing a comprehensive claim management plan for all tort claims in litigation. The current pending fluctuates between 125-150 claim files. Many claims end up being resolved through litigation. The Litigation Manager works closely with attorneys in the Office of the Attorney General who serve the Treasurer, to proactively resolve these matters by investigating, evaluating and preparing large loss reports, when relevant on claims and cases, providing settlement authority or when necessary, by briefing the Insurance Review Committee on high dollar value settlements, and by attending settlement conferences and other court mandated activities. The Litigation Manager also works closely with claims adjusters within the department to provide feedback on investigations. As a claims specialist, the Litigation Manager may also brief adjusters on the status of certain litigation claims as a teaching mechanism. The Litigation Manager will also be responsible for reviewing and advising the Chief Deputy Treasurer, the Director of Insurance and the Deputy Director of Insurance on indicated settlements bending before the Board of Public Works. This is a full time, at-will, Management Service position with State employment benefits including paid holidays, vacation/sick/personal days, medical and dental plans, pension plan, supplemental retirement plans, employee credit union, and direct deposit. Click HERE to view the official State job posting recblid a7jgdss0osmm9khronrdpw7p0wqbxc