Senior Claims Examiner, Professional Liability

About the role

Arch Insurance Group Inc., AIGI, has an opening within our Claims Division on the Professional Liability Team with a focus on Lawyers Professional Liability. In this role, you will actively manage Professional Liability claims in jurisdictions throughout the United States.

Responsibilities

• Develop and implement timely and accurate resolution strategies to ensure mitigation of indemnity and expense exposure
• Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care
• Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel when necessary; review coverage counsel's opinion letters and analysis
• Maintain contact with the business line leader, underwriter, defense counsel, program manager, and broker to communicate developments and outcomes
• Investigate claims and review the insureds' materials, pleadings, and other relevant documents
• Identify and review each jurisdiction's applicable statutes, rules, and case law
• 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
• Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to inquiries from the insured, counsel, underwriters, brokers, and senior management

Requirements

• Bachelor’s degree; Juris Doctorate degree required
• Three to seven (3-7) years of working experience with a primary and/or excess carrier, broker, or law firm supporting commercial accounts for specialty insurance claims
• Proper & active adjuster licensing in all applicable states
• Willing and able to travel 15%

Skills

• Exceptional communication (written and verbal), evaluating, 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
• Ability to take part in active strategic discussions
• Ability to work well independently and in a team environment
• Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint, and Word

Pay

For individuals assigned or hired to work in the location(s) indicated, the base salary range is $111,100 - $172,465 per year. Total individual compensation (base salary, short & long-term incentives) will take into account factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization, as well as business needs.

Benefits

• Multiple medical plans plus dental, vision, and prescription drug coverage
• Competitive 401k with generous matching
• Paid time off beginning at 20 days per year
• Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
• Basic Life and AD&D Insurance as well as Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance and Tuition Reimbursement
• Backup Child and Elder Care