Claims Consultant

Job Description

Job Description

Claims Consultant (LPL – EPL)– Contract role -

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.  Individual should have strong writing skills.

• Manages complex investigations of professional 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.
• 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.
• Strong knowledge of lawyer, accountant malpractice and the process of litigation.
• Works with attorneys, account representatives, agents, and insureds regarding the handling and / or disposition of highly complex claims.

At least 6 years professional liability claims experience, strong background in accountant and lawyer malpractice claims. Strong skills needed in communications, negotiation and presentation skills. Advanced analytical and problem solving skills.  Prioritization and organization of multiple projects.  Effectively manage ambiguous situations, issues and adapt to change.  Strong interpersonal and team participation skills.  Juris Doctorate preferred.

Company Description

Financial Exchange

Company Description

Financial Exchange