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Job Details

Senior Claims Examiner - Executive Assurance

Experience
5-7 yrs required

Location
New York City, NY, United States

Posted on
Sep 28, 2020

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Senior Claims Examiner - Executive Assurance
The candidate’s responsibilities include: actively manage and effectively oversee assigned caseload for a variety of claims, including Public D&O, Private Company D&O, Financial Lines, and Private Equity related claims. Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel, when necessary as well as review coverage counsel's opinion letters and analysis. Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care. Develop and implement strategy to resolve matters of liability and damages of a particular case. Maintain contact with the claim staff, business line leader, underwriter, defense counsel, and broker. Investigate claim and review the insureds' materials, pleadings, and other relevant documents. Identify and review of each jurisdiction's applicable statutes, rules, and case law. Review litigation materials including depositions and expert's reports. Analyze and direct risk transfer, additional insured issues, and contractual indemnity issues. Retain counsel when necessary and direct counsel in accordance with resolution strategy. Analyze coverage, liability and damages for purposes of assessing and recommending reserves. Prepare and present written/oral reports to senior management setting forth all issues influencing evaluation and recommending reserves. Travel to and from locations within the United States to attend mediations, trials, and other proceedings relevant to the resolution of the matter. Negotiate resolution of claims. Review and evaluate defense counsel invoices for reasonableness and process associated payments. Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to claims inquiries from insured, counsel, underwriters, brokers, and senior management. Bachelor’s degree required; Juris Doctorate degree preferred. 5-7 years of work experience managing professional liability claims process at a carrier, broker, or law firm. Proper adjuster licensing in all applicable states preferred. Exceptional communication (written and verbal), evaluation, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines. Strong time management and organizational skills. Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word.

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