Claims Jobs in Chicago il

Company Details :

Berkley Select delivers professional liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations. As a Berkley company, Berkley Select is staffed with a team of experts with a specific focus on Professional Liability. Berkley Select utilizes individual risk underwriting, loss control, and claims practices to provide superior products and services to its customers.

Berkley Select is a Berkley Company. W. R. Berkley, founded in 1967, is one of the nations premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE : WRB).

Company URL : https : / / www.berkleyselect.com /

The company is an equal employment opportunity employer.

Responsibilities :

The Claims Consultant is responsible for the handling, oversight and overall management of complex management liability claims, primarily Employment Practices Liability (EPL) and private company Director and Officer claims. Individual should be a technical expert in the interpretation of complex or unusual claims-made and reported policy coverages. Under limited management direction, will analyze, coordinate and resolve claims within assigned limits of broad authority. Key functions include but are not limited to :

• Manages complex investigations of management liability claims including identifying insurance coverage issues, liability, compensability and damages. Determines if a claim should be settled or litigated and implements an appropriate resolution strategy accordingly. Effectively manages loss costs and claim expenses.
• Manages all types of investigative activity or litigation on claims, including the posting of appropriate reserves in a timely manner. Coordinates discovery and litigation strategy with panel attorneys and / or counsel retained by the insured.
• Negotiates complex settlement packages through mediations and alternative dispute resolution mechanisms.
• Makes recommendations on claims processes and resolution strategies to management. Drafts concise and well written large loss reports for reporting to senior management.
• Prepares and presents claims to management and other internal business partners and clients.
• Works with attorneys, account representatives, agents, and insureds regarding the handling and / or disposition of highly complex claims.

Qualifications :

Additional Company Details :

We do not accept any unsolicited resumes from external recruiting firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details :

Sponsorship not Offered for this Role