Claims Superintendent - Professional Liability
Admiral Insurance Group (a Berkley Company) · Moorestown, NJ · 1 wk ago
HybridManagement$120k–$140k/yrFull-time
Responsibilities
- Handle and oversee high-exposure Professional Liability claims for an Excess and Surplus Lines carrier.
- Manage complex pending matters across a broad range of exposures, including Architects & Engineers, Insurance Agents E&O, and miscellaneous professional liability claims.
- Collaborate with defense counsel, internal stakeholders, and external partners to ensure effective claim outcomes, adherence to policy terms, and alignment with best practices for high-severity loss management.
- Present facts of claims, with recommendations, to committees as necessary on Professional Liability claims.
- Incorporate all claims into company records and review for applicability of coverage.
- Prepare large loss reports where applicable.
- Attend and participate in mediations/trials as necessary.
- Establish appropriate loss and expense reserves.
- Maintain valid loss and expense reserves based on current investigation and legal discovery.
- Supervise activities of Independent Adjusters, investigators, and defense attorneys to ensure that all claims are appropriately handled.
- Adhere to company procedures and Best Practice guidelines as well as case and statutory law requirements when coverage is in question, and/or when paying or denying claims.
- Comply with reporting requirements of treaty and facultative reinsurers.
- Maintain current understanding of various unfair claim practices statutes.
- Incorporate all claims into company records and review for applicability of coverage.
- Participate in broker relations calls/visits as needed.
- Attend industry-related seminar/workshops and/or courses for continuing education.
- Perform additional tasks as assigned.
Qualifications
- Bachelor’s Degree preferred (or equivalent work experience).
- Minimum of 7 years of progressive commercial insurance claims handling experience, with focus on Professional Liability lines of business.
- Ability to assess priorities and manage deadlines effectively.
- Effective communication skills, both verbal and written.
- Strong research and analytical skills.
- Proficiency with MS Office Suite.
- Up to 20% travel.
Benefits
- Base Salary Range: $120,000 - $140,000
- Eligible to participate in the annual discretionary bonus program.
- Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.