Salary
💰 $121,280 - $181,920 per year
About the role
- Handling a caseload of claims-made, Public D&O Claims, from inception to final disposition.
- Conducting investigations and analyzing and evaluating the information learned
- Appropriately and accurately analyzing and determining coverage, liability and damages based upon the facts of each claim
- Communicating written position(s) to insured's and other required parties on coverage, liability damages and other issues
- Setting appropriate expense and indemnity reserves and monitoring on a regular basis for any needed adjustment
- Presenting cases to management for expense or indemnity reserve authority above established authority levels
- Developing and implementing resolution strategies through negotiations to achieve high quality outcomes
- Proactively managing litigation and counsel, inclusive of litigation planning and execution, budgeting and bill review
- Understanding and analyzing potential extra-contractual liability as needed
- Attending trials and mediations as necessary
- Contributing to broader claim and enterprise goals by participating in audits, projects, training and product development initiatives
- Preparing comprehensive reports and delivering presentations to senior claim leadership on case developments, policy issues, industry trends, etc.
- Providing support and working collaboratively with business partners to evaluate and address claim trends and developments
- Addressing inquiries from agents and policyholders, providing superior customer service
- Providing key training and marketing support to Underwriters
- Attend and present at various industry events each year on risk management and claims topics
Requirements
- Juris Doctorate degree preferred, four year College Degree Required
- Minimum of five years handling litigated Public D&O coverage and/or liability cases as defense counsel or claims handler.
- Background in Public D&O or Financial Institutions and Financial Services Claims is a plus
- Candidates are required to have knowledge and experience handling all aspects of Management Liability claims.
- Excellent oral and written communication skills
- Excellent strategic thinking ability and execution skills
- Excellent negotiation and advanced technical claim handling skills, including knowledge of insurance coverage issues
- Superior time, task prioritization and desk management skills.
- An ability to communicate thoughts clearly and concisely, and to influence and persuade others
- Ability to work with only moderate amount of supervision and employ a “team player” attitude.
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
- Remote work options
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
claims handlinglitigated Public D&O coverageliability case managementnegotiationstrategic thinkingtechnical claim handlinginsurance coverage analysisreport preparationpresentation skillsbudgeting
Soft skills
oral communicationwritten communicationtask prioritizationdesk managementteam playerinfluencingpersuasioncustomer servicecollaborationproblem-solving
Certifications
Juris Doctoratefour year College Degree