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Senior Claims Specialist - Management Liability
Senior Claims Specialist - Management LiabilityUSA Jobs • New York, NY, US
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Senior Claims Specialist - Management Liability

Senior Claims Specialist - Management Liability

USA Jobs • New York, NY, US
16 days ago
Job type
  • Full-time
Job description

Senior Claims Specialist - Management Liability

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

In this role, you'll possess the ability to handle complex Primary and Excess Management Liability (Private Company D&O / EPL) Claims. More particularly, you 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

  • 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

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

  • Strong oral and written communication skills
  • Strong analytical and organizational skills
  • Strong negotiation and investigation skills
  • Excellent interpersonal skills
  • Ability to evaluate coverage involving a wide variety of loss scenarios and ability to think
  • In-depth knowledge of the litigation, arbitration, and trial process
  • Currently holds or can readily obtain all required adjuster licenses
  • Knowledge of insurance industry, claims and the insurance legal and regulatory
  • Ability to identify and use relevant data and metrics to best manage claims; Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal department efficiency
  • Ability to and willingness to present to senior management and other stakeholders
  • Ability to resolve complex disputed claims; J.D. (currently licensed) / experience practicing law preferred
  • Travel required
  • For CA, NY, NJ or IL : The base salary range for this position is $145,000 - $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).

    What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

    Our CultureAt 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 uni

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