Claims Manager, Professional Liability

Starr; Chicago (IL); On-site; USD 150,000 - 175,000; Full time

Job summary

Starr, a global leader in commercial insurance, seeks an experienced E&O/Professional Liability claims professional to manage complex claims in our Chicago office and across major markets. The role requires evaluating coverage, conducting investigations, negotiating resolutions, and overseeing defense counsel while controlling costs.

Ideal candidates have 5-8 years in Professional Lines claims, strong knowledge of policy language, and excellent communication skills.

Qualifications

• 5-8 years of experience in Professional Lines claims.
• In-depth understanding of policy language/coverage.
• Experience evaluating, mediating and negotiating E&O claims.
• Strong written and verbal communication skills.

Responsibilities

• Evaluate coverage and draft coverage correspondence.
• Undertake claims investigations and manage defense counsel.
• Assess liability and financial exposure; negotiate cost-effective resolutions.
• Monitor and control legal spend and ensure audit-compliant documentation.

Skills

EO claims handling

Negotiation

Legal knowledge

Communication

Education

Bachelor’s degree

Juris Doctorate preferred

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress. We're growing! To continue this momentum, we're looking for individuals with "drive" and "ambition" to join our team.

Locations:

• Chicago
• New York
• Philadelphia
• San Francisco

Job Description:

This position will be responsible for the active management of E&O claims within the Professional Liability/Cyber Claims Group. Prior experience handling Cyber, lawyers and/or accountants professional liability claims is preferred. The successful candidate will be required to evaluate coverage, draft coverage correspondence, undertake claims investigations, manage defense counsel and legal spend, assess liability and financial exposure, and effectively negotiate cost effective, good faith claims resolutions.

For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $150,000-$175,000 #LI-LS1

Requirements:

• 5-8 years of experience in the insurance/legal profession dealing specifically with Professional Lines claims.
• In-depth understanding of policy language/coverage.
• Experience managing, evaluating, mediating, and negotiating E&O claims, including class actions.
• Ability to lead and drive defense strategy.
• In-depth knowledge of the U.S. legal system, civil litigation, and ADR proceedings.
• Comprehensive understanding and knowledge of federal and state laws applicable to various claims presented under Financial and Professional Lines policies.
• Strong interpersonal and communication skills, both verbal and written.
• Ability to collaborate with internal and external partners.
• Ability to multi-task.
• Take initiative.
• Be pro-active.
• Excellent organization skills.
• Ensure client files are properly documented and compliant from an audit perspective.
• Bachelor’s degree, Juris Doctorate preferred.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.

We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Starr is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.

https://starr.com/About/Careers