Senior Claims Specialist - Management Liability

Senior Claims Specialist - Management Liability

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition / continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role

The ideal candidate should possess the ability to handle complex Primary and Excess Management Liability (Private Company D&O / EPL) Claims.

More particularly, the ideal candidate will be able to analyze insurance coverage issues and resolve claims according to certain Best Practices and within stated authority limits relative to the Private Company D&O / Management Liability Segment across diverse industries.

Responsibilities Include, But Not Limited To :

• Reviewing and analyzing complex coverage issues and preparing coverage position letters
• Investigating, analyzing, and evaluating liability and damages
• Managing and directing outside counsel; reviewing & approving legal budgets and fee statements
• Preparing Large Claim Reports related to matters of significant reserve and trial activity
• Timely and appropriately setting case reserves
• Developing and executing negotiation and resolution strategies
• Monitoring and attending trials, mediations and settlement conferences
• Engaging with underwriting supporting policy construction and drafting, reporting claim trends, data analysis and risk assessment
• Extensive communications with insureds, brokers, reinsurers and other business contacts
• Attending client meetings and industry functions to support retention and development of client relationships and business.

Qualifications, Education & Experience

The ideal candidate will have a minimum of 1-3 years of Management Liability claims experience along with following :

For CA, NY, NJ or IL : The base salary range for this position is $145,000 - $192,500 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type : Regular

Time Type : Full time

Primary Location : New York, NY

Additional Locations :

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.