Complex Claim Specialist, Legal Malpractice

AmTrust Financial Services, Inc.; United States; Hybrid; USD 114,000 - 165,000; Full time

Job summary

AmTrust Financial Services seeks a Complex Claim Specialist to handle complex professional liability claims, including legal malpractice, with the possibility of remote work from a claims office. You will evaluate coverage, manage litigation, negotiate, and ensure appropriate reserving.

The role requires at least 7 years in professional liability, strong legal knowledge, and excellent communication. Travel to meetings or trials is expected, with a competitive compensation package offered.

Qualifications

• Minimum of 7+ years of experience in professional liability claims.
• Proficient computer skills to navigate paperless claim file systems.
• High level of technical claim skills and legal knowledge.
• Excellent written and oral communication.
• Adaptable to changing requirements and priorities.
• Ability to influence others without damaging relationships.
• Skilled negotiator in a fast-paced environment.
• Strong time management skills.
• JD / CPCU / RPLU designation preferred.

Responsibilities

• Recognize exposures and ensure reserving is appropriate and timely.
• Evaluate coverage issues and risk transfer opportunities.
• Conduct thorough independent investigations with available resources.
• Manage litigation with proper selection, planning, budgeting and counsel partnership.
• Exhibit strong negotiation skills.
• Communicate exposures internally and externally.
• Formulate resolution strategy for best claim outcome.
• Occasional travel for meetings, trials and related meetings.
• Perform other duties as assigned.

Skills

Communication skills

Negotiation

Time management

Adaptability

Influence others

Professional liability

Education

JD 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 meetings, 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 $114K-$165K/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.

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.