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Senior Claims Specialist

Senior Claims Specialist

EverestNew York, NY, US
30+ days ago
Job type
  • Full-time
Job description

Senior Claims Specialist

Everest Insurance, a member of Everest Re Group, Ltd., has an opportunity for an experienced claims professional to join our complex casualty claims team. This individual will handle commercial excess casualty claims, including excess and umbrella liability of all varieties. This is a hybrid role (3 days in office / 2 days remote) and can be based in one of our following offices : Warren, New York City, Atlanta, Philadelphia or Chicago.

Responsibilities include but not limited to :

  • Reviewing and analyzing complex coverage issues and preparation of coverage position letters
  • Investigating, analyzing and evaluating liability and damages
  • Managing and directing outside counsel
  • Preparing case summary reports related to matters of significant reserve and trial activity
  • Setting timely and appropriate case reserves
  • Developing and executing claim strategies as well as resolution strategies
  • Negotiating and resolving cases
  • Attending trials, mediations and settlement conferences
  • Managing and overseeing Third party administrators (TPAs)
  • Working with underwriters to support policy construction and drafting, reporting claim trends, data analysis, and risk assessments
  • Extensive communication with insureds, brokers, reinsurers, actuaries, and underwriters
  • Attending client meetings and industry functions to support retention and development of client relationships and business
  • Performing similar work-related duties as assigned

Qualifications, Education & Experience :

  • Commercial excess casualty claims experience required
  • Strong analytical and organizational skills
  • Excellent verbal and written communication skills
  • Strong negotiation and investigation skills
  • Ability to think strategically
  • Ability to influence others and resolve complex, disputed claims
  • In-depth knowledge of the litigation, arbitration, and trial process
  • Currently holds or readily can obtain all required adjuster licenses
  • Ability to identify and use relevant data and metrics to best manage claims
  • Collaborative mindset and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency
  • Ability and willingness to present to senior management and to others in other group settings
  • Knowledge of the insurance industry, claims process and legal and regulatory environment
  • 10 years of claims handling experience or legal experience
  • B.A. or B.S. required; JD preferred
  • For NJ, NY, and IL Only : The base salary range for this position is $100,000 - $175,000 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.

    Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work : Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.

    Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function : Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

    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.

    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.

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    Claim Specialist • New York, NY, US