Claims Principal - Professional Liability

200 CRC Insurance Svcs LLC; Bethesda (MD); Hybrid; USD 120,000 - 160,000; Full time

Benefits offered by this job

Medical, Dental, Vision

Life Insurance

401(k) with company match

Paid time off

Job summary

CRC Group seeks a Claims Principal to lead in-house claims operations for its FEDS Protection program. You will oversee high-value professional liability claims, set policies, drive improvements, and partner with senior leadership to optimize strategies that align with organizational goals.

Requires extensive claims management and regulatory expertise. This in-office role may offer full-time remote work depending on experience and fit.

Qualifications

• Bachelor’s degree in Business, Insurance, Law, or related field.
• 15+ years of progressively responsible experience in claims management or insurance operations.
• Experience leading large teams and enterprise-wide claims strategy.
• Proven track record adjusting professional liability claims on 'claims made' forms and policies, regulatory compliance, and risk management.

Responsibilities

• Handle high-complexity and high-value claims from intake through resolution.
• Develop and implement strategic claims policies and procedures to ensure consistent and compliant claims handling.
• Collaborate with executive management to align claims strategies with business objectives and financial goals.
• Analyze claims data to identify trends, mitigate risk, and recommend process enhancements or system improvements.
• Drive innovation in claims processes through the evaluation and adoption of technology and automation solutions.

Skills

Strategic Leadership

Claims Management

Regulatory Compliance

Risk Management

Data Analysis

Process Improvement

Stakeholder Management

Negotiation

Education

Bachelor’s degree in Business, Insurance, Law, or related field

Job description

Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st Shift (United States of America) Please review the following job description: The Claims Principal handles the claims' function, ensuring accurate and efficient claims handling, risk assessment, and regulatory compliance across the program. This role will handle professional liability claims and requires experience with claims-made forms and policies. This role sets policies, drives process improvements, and partners with senior leaders to optimize claims strategies that align with organizational objectives and enhance customer experience. FEDS Protection, a CRC Insurance Services Program, provides insurance solutions to federal employees and federal contractors. We utilize our innovative client-focused approach to educate and protect federal employees and contractors operating in the U.S. and abroad. With over 200 federal agencies and government missions to keep up with, the environment is challenging, fast-paced and constantly evolving. FEDS Protection is currently seeking a claims professional to lead its in-house claims operations and support the FEDS Protection federal employee professional liability insurance program. With delegated claims authority from our carrier, this role will be responsible for processing and adjusting claims, as well as advise and establish best in class claims operations for the program. CRC Group is the leading wholesale specialty insurance distributor in North America with more than $23.5 billion in annual written premiums, 4,300 teammates, offices across the United States and Canada, and 90+ years of delivering insurance solutions. CRC Group is aligned into three divisions: Commercial Solutions; Life, Retirement & Benefits Solutions; and Specialty Programs (including FEDS Protection).

KEY RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Handle high-complexity and high-value claims from intake through resolution.
• Conduct comprehensive coverage analysis and determine liability exposure.
• Develop and implement strategic claims policies and procedures to ensure consistent and compliant claims handling.
• Collaborate with executive management to align claims strategies with business objectives and financial goals.
• Analyze claims data to identify trends, mitigate risk, and recommend process enhancements or system improvements.
• Ensure adherence to all legal, regulatory, and company standards regarding claims practices.
• Drive innovation in claims processes through the evaluation and adoption of technology and automation solutions.

EDUCATION AND EXPERIENCE

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s degree in Business, Insurance, Law, or related field.
• 15+ years of progressively responsible experience in claims management or insurance operations.
• Demonstrated experience leading large teams and managing enterprise-wide claims strategy.
• Proven track record of adjusting professional liability claims on "claims made" forms and policies, regulatory compliance, and risk management issues.

CERTIFICATIONS / LICENSES / REGISTRATIONS

• CPCU (Chartered Property Casualty Underwriter) certification preferred.
• State-specific claims adjusting license may be required depending on jurisdiction.

FUNCTIONAL SKILLS

• Strategic Leadership
• Claims Management Expertise
• Regulatory and Compliance Knowledge
• Litigation and Negotiation Skills
• Data Analysis and Trend Identification
• Process Improvement and Change Management
• Vendor and Stakeholder Relationship Management
• Advanced Communication and Presentation Skills

The annual base salary for this position is $120,000 - $160,000/yr. This is an in-office opportunity, though full-time remote work may be available depending on the candidate’s experience, qualifications, and fit for the role.

GENERAL DESCRIPTION OF AVAILABLE BENEFITS FOR ELIGIBLE EMPLOYEES OF CRC GROUP:

At CRC Group, we're committed to supporting every aspect of teammates' well-being - physical, emotional, financial, social, and professional. Our best-in-class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for restricted stock units and/or a deferred compensation plan.

CRC Group supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC Group is a Drug Free Workplace. EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify Join CRC Group, a leader in specialty wholesale insurance, and take your career to new heights. We're a dynamic team dedicated to innovation, collaboration, and excellence.

WHY CRC GROUP?

• Growth: Advance your career with our learning and leadership development programs.
• Innovation: Work in a forward-thinking environment that values new ideas.
• Community: Be part of a supportive team that celebrates success together.
• Benefits: Enjoy competitive compensation, health benefits, and retirement plans.

WHO WE’RE LOOKING FOR

We seek passionate individuals who thrive in a fast-paced, collaborative environment. If you value integrity and are driven to succeed, CRC Group is the place for you.