W. R. Berkley Corporation

Senior Complex Claims Specialist

W. R. Berkley Corporation

full-time

Posted on:

Origin:  • 🇺🇸 United States

Visit company website
AI Apply
Manual Apply

Job Level

Senior

About the role

  • Investigate, evaluate, negotiate, and resolve the highest complexity litigated and non-litigated claims across multiple lines of business
  • Analyze and identify coverage issues, prepare coverage letters and collaborate with in-house coverage counsel
  • Investigate, evaluate, document, and reserve, assessing liability and damages according to Best Practices
  • Manage litigation by assigning counsel, establish litigation plan and budget, coordinate with defense counsel, and continuously review for potential resolution
  • Establish timely reserves and continuously re-evaluate their adequacy upon receipt of new information
  • Maintain timely and appropriate file documentation and written file notes
  • Maintain an active diary and productive file inventory
  • Timely completion of all required large loss reporting
  • Negotiate settlements within authority, and attend mediations, mandatory settlement conferences, and/or Alternative Dispute Resolutions
  • Identify and pursue opportunities for co-insurance, risk transfer and/or subrogation
  • Recognize and investigate suspected fraudulent claims
  • Comply with deductible/self-insured retention and recovery protocols
  • Meet all State licensing requirements and adhere to statutory regulations and Unfair Claims Practices acts
  • Serve as mentor and contributor for claims associates and assist management with projects and presentations as needed

Requirements

  • Four (4) year College Degree, or commensurate experience and training
  • JD preferred but not required
  • Industry designations preferred (CRIS, AIC, SCLA, etc.)
  • Possess and maintain required adjuster licensing in various states
  • Meet all State licensing requirements
  • 10+ years of complex claims handling experience, including General Liability, Products Liability, and Professional Liability claims
  • Possess advanced expertise in handling complex, high exposure claims in multiple jurisdictions from initial intake through final resolution
  • Ability to effectively collaborate with internal and external business partners
  • Excellent oral and written communication skills
  • Ability to evaluate priorities and meet deadlines efficiently
  • In-depth knowledge of the insurance industry, including legal and regulatory environments
  • Prior experience as a claims manager is a plus but not required
  • Ability to travel as required