Claims Analyst IV - Management Liability

About the role

Join us as a Claims Analyst IV – Management Liability to play your part in transforming the way we help customers manage risk. This role involves handling Directors & Officers Liability Claims and opportunities to handle Employment Practices Liability claims. Responsibilities include identifying, investigating, and resolving coverage issues, coordinating with defense counsel, analyzing and budgeting litigation, determining judgmental value, and managing reserve adjustments and payments.

Responsibilities

• Handle Directors & Officers Liability Claims and Employment Practices Liability claims.
• Identify, investigate, and resolve coverage issues at the earliest appropriate time.
• Provide clear and concise written and verbal communication of policy coverage issues to insureds, brokers, underwriters, and risk managers.
• Timely coordinate with defense counsel, insureds, and monitoring counsel to facilitate coverage, liability, and damage analysis.
• Explore the use of technology, structured settlements, and other means to find strategic and cost-effective claims resolutions.
• Effectively analyze and budget the litigation of each claim on pending through timely discussions with counsel, vendors, and insureds.
• Determine judgmental value on all files in pending within a reasonable time frame and make presentations to management as necessary.
• Manage reserve adjustments and payments to avoid deficit payments.

Requirements

Claims and/or litigation experience is required. Financial Lines claims experience is preferred. Strong analytical skills, including the ability to analyze policies of insurance and legal documents, are essential. Excellent written and verbal communication skills are required, along with strong interpersonal and organizational skills. Strong computer skills (Microsoft Office) are also needed.

Qualifications

• Bachelor’s Degree or equivalent required.
• JD highly preferred.

Skills

Strong analytical skills, excellent written and verbal communication skills, strong interpersonal and organizational skills, and strong computer skills (Microsoft Office).

Benefits

We offer a range of competitive benefits, including a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing, and financial security. Additionally, we provide a summary of our US Benefits Overview.

Pay

For positions based in New York, NY, the base salary range is $70,000-$89,000. For positions based in Illinois, the base salary range is $70,000-$89,000. Compensation for this position includes base salary and eligibility for a bonus in accordance with the terms of the applicable incentive plan.

Schedule

We ask our team members to be primarily in the office to foster effective in-person collaboration and a supportive, connected environment for our team and clients alike.