Complex Claim Specialist, Legal Malpractice

AmTrust Financial Services Inc.; United States; Hybrid; USD 120,000 - 175,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

Health Care Flexible Spending

Dependent Care

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services seeks an experienced Complex Claim Specialist to handle complex professional liability claims, focusing on legal malpractice. You will evaluate coverage, assess risk transfer opportunities, and manage litigation with counsel to achieve favorable outcomes.

The role can be based in a claims office with potential remote work and requires travel for mediations and trials. A JD/CPCU/RPLU is preferred and 7+ years of professional liability claim experience is expected.

Qualifications

• Minimum of 7+ years of experience in handling professional liability claims.
• High level of technical claim skills and legal knowledge.
• Excellent communication skills, both written and oral.
• Ability to influence others without damaging relationships.
• Skillful negotiator with proven results.
• Able to work in a fast-paced environment.
• JD/CPCU/RPLU designation preferred.

Responsibilities

• Recognize exposures and ensure reserving is appropriate and timely.
• Evaluate coverage issues and risk transfer opportunities.
• Complete thorough independent investigations using available resources.
• Manage litigation with proper selection, planning, budgeting, and partnering with counsel.
• Exhibit strong negotiation skills to resolve claims.
• Communicate exposures effectively internally and externally.
• Formulate proper resolution strategy for best claim outcomes.
• Travel periodically for mediations, trials and related meetings.
• Perform other duties as assigned.

Skills

Complex claims handling

Negotiation

Communication skills

Time management

Influencing others

Adaptability

Education

JD / CPCU / RPLU designation preferred

Tools

Claim management software

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.