Senior Litigation Specialist
TransRe · Arlington, VA · 4 wk ago
HybridLegalFull-time
Responsibilities
- Evaluating insurance contracts and making coverage decisions
- Developing, coordinating, and documenting claims and litigation strategies
- Managing reserves and overall loss costs on assigned files
- Negotiating high-value claims and resolving complex cases
- Managing defense and panel counsel, ensuring adherence to PRMS's Litigation Guidelines
- Maintaining compliance with all internal, legal, and regulatory requirements
- Upholding customer service quality standards in accordance with operating guidelines and internal procedures
- Collaborating across PRMS and FAIRCO to provide timely claims analysis, guidance, and direction
- Identifying, analyzing, and assessing risks and trends in clinical practice areas
- Meting with insureds, defense counsel, and plaintiff attorneys to address claim issues, negotiate settlements, and attend mediations and trials
- Traveling to meet with client program principals and attend client functions, as needed
- Participating in special projects and initiatives, as assigned
Requirements
- 4+ years evaluating or investigating medical malpractice claims with a major insurance carrier or TPA
- JD strongly preferred
- Technical knowledge of insurance coverage and policies, insurance law, tort law, and claims handling practices
- Highly developed skills in negotiation, analysis, problem-solving, and decision-making
- Ability to perform effectively under pressure in high-complexity, high-risk situations and adapt rapidly to changing conditions
- Excellent written and verbal communication skills
- Adjuster's and P&C licenses are a plus
- Insurance designations (AIC, ARM, CPCU, ALCM) are a plus
Pay
Compensation is commensurate with experience.
Schedule
This position is eligible for a hybrid work schedule with 4 days in the office per week, and 1 day remote.