Professional Liability Senior Claims Specialist

About the role

Everest is a global leader in risk management, offering risk underwriting services. This position is within the E&O Segment and involves handling complex Professional Liability claims.

Responsibilities

• Reviewing and analyzing complex coverage issues and preparing coverage positions 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, Education & Experience

• 3-5 years of Professional Liability claims experience
• 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 strategically
• 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 environment
• 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 and willingness to present to senior management and other stakeholders
• Resolve complex disputed claims
• J.D. (currently licensed) / experience practicing law preferred

Benefits

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).