Complex Claim Specialist, Legal Malpractice

AmTrust Financial Services Inc.; Northern (KY); Hybrid; USD 120,000 - 175,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

401k Plan

Paid Time Off

Job summary

Amtrust Financial Services seeks a Complex Claim Specialist to handle professional liability claims, with emphasis on legal malpractice. This role can be located in one of our claims offices with the possibility of working remotely.

You will evaluate coverage, manage litigation, negotiate, ensure proper reserves, and coordinate with counsel. A JD/CPCU/RPLU is preferred; expected salary range is $120K-$175K per year. This position requires travel for mediations and trials as needed.

Qualifications

• Seven+ years of professional liability claims experience.
• Proficient computer skills for paperless claim file systems.
• High level of technical claim skills and legal knowledge.
• Excellent written and oral communication.
• Ability to adapt to changing priorities.
• Effective influence without harming relationships.
• Skilled negotiator.
• Ability to work in a fast-paced environment.
• JD / CPCU / RPLU designation preferred.

Responsibilities

• Recognize exposures and ensure reserves are appropriate and timely.
• Evaluate coverage issues and identify risk transfer opportunities.
• Conduct independent investigations using available resources.
• Manage litigation with proper planning, budgeting and counsel collaboration.
• Negotiate settlements with strong negotiation skills.
• Communicate exposures internally and externally.
• Develop and implement resolution strategies for best outcomes.
• Travel periodically to mediations, trials, and related meetings.
• Perform other duties as assigned.

Skills

Professional liability claims

Negotiation

Litigation management

Communication skills

Time management

Adaptability

Influence others

Education

Juris Doctor (JD)

CPCU/RPLU designation preferred

Job description

Overview

Amtrust Financial Services, a fast-growing commercial insurance company, is seeking a Complex Claim Specialist. This position can be located in one of our claims offices with the possibility of working remotely. The successful candidate will directly handle complex professional liability claims with an emphasis on legal malpractice claims. The successful candidate will evaluate coverage, assess risk transfer opportunities, analyze liability and damages, manage litigation, negotiate and ensure all files are appropriately reserved.

Responsibilities

• Recognize exposures and ensure reserving is appropriate and timely
• Evaluate coverage issues and risk transfer opportunities
• Complete a thorough, independent investigation with an understanding and utilization of available resources to fill in any gaps in understanding, i.e. internet, PACER, experts, etc.
• Manage litigation by proper selection, planning, budgeting and partnership with counsel
• Exhibit strong negotiation skills
• Effectively communicate exposures both internally and externally
• Responsible for formulating proper resolution strategy to ensure best claim outcome
• The position will require periodic travel to attend meditations, trials and / or other related meetings
• Perform other duties as assigned

Qualifications

• Minimum of 7+ years of experience in the handling of professional liability claims
• Proficient computer skills required to navigate our paperless claim file system
• Possesses a high level of technical claim skills and legal knowledge
• Excellent communication skills, both written and oral
• Easily adapts to changing situations, requirements and priorities
• Ability to effectively influence others without damaging relationships
• Skillful negotiator
• Ability to work in a fast paced environment
• Good time management skills
• JD / CPCU / RPLU designation preferred

The expected salary range for this role is $120K-$175K/year.

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

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What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.