Senior Claims Examiner, Professional Liability

Markel; Rosemont (IL); Hybrid; USD 83,000 - 111,000; Full time

Job summary

An established industry player is seeking a skilled Claims Examiner to manage complex professional liability claims. This role involves investigating, negotiating, and settling claims while ensuring compliance with internal guidelines. You will work collaboratively within a dynamic team and play a crucial role in the resolution of disputes, making a significant impact on both the company and its clients. With a hybrid work schedule and a commitment to employee well-being, this position offers a unique opportunity to thrive in a supportive environment while advancing your career in the insurance sector.

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) with Employer Match

Employee Stock Purchase Plan

Paid Time Off (PTO)

Parental Leave

Qualifications

• 5-10+ years of professional liability claims or litigation experience required.
• Excellent written and oral communication skills are essential.

Responsibilities

• Investigate and settle complex legal malpractice claims.
• Manage litigation and communicate with stakeholders effectively.

Skills

Professional Liability Claims Management

Legal Malpractice Investigation

Coverage Analysis

Communication Skills

Litigation Management

Team Collaboration

Education

College Degree

JD (Juris Doctor)

Job description

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.

Join us and play your part in something special!

This position will be responsible for the resolution of moderate to high complexity and moderate to high exposure claims which can be subject to disputes that must be resolved in mediation or litigation. The primary purpose of this job is to handle claims from coverage enquiry through legal liability assessment (where relevant) and quantum analysis, to timely and accurate resolution; ensuring mitigation of indemnity and expense exposure while communicating developments and outcomes as necessary to all internal and external stakeholders. The position will have increased responsibility for decision making within their authority and work with minimal oversight and will provide training and be a technical referral point for other team members.

Responsibilities:

• Investigate, negotiate and settle complex primary and excess policy legal malpractice, accountants and financial advisor professional liability claims.
• Investigate and analyze coverage under primary and excess professional liability insurance policies; make coverage determinations; draft routine and complex coverage correspondence; effectively communicate coverage positions to policyholders and other stakeholders; manage claims involving coverage litigation.
• Manage litigation filed nationwide against insureds; appoint, direct and manage defense counsel; proactively work toward expeditious and economical resolution of claims; assist Company claims vendor management, disbursement and legal collections teams with defense counsel, bill payment and collection issues.
• Communicate with underwriting as needed to manage claims and to alert of any significant developments.
• Promptly communicate with Claims Manager on adverse case developments and provide information on pertinent issues affecting the legal malpractice, accountants and financial advisor professional liability product lines.
• Proven ability to work in a collaborative team environment. Analyze and convey summations of complex issues; recognize alternative approaches and develop action plans, both orally and in written form.
• Maintain and adhere to Markel’s guidelines and procedures.
• Ensure proper adherence to internal reporting requirements.
• Contribute and assist in the implementation of a wide range of initiatives, discussion and action plans brought forth by the Claims Manager.
• Participate in agent related functions and meetings as required.
• Actively participate in the ongoing training and development of the claims examiners as indicated by Claims Manager.

Requirements:

• 5-10+ years of professional liability claims or litigation experience required. Excess liability (quota share, first layer and high layer) claims or litigation experience a plus.
• College degree and/or professional designation required, JD preferred.
• Excellent written and oral communication skills.
• Sound comprehension of insurance coverage posed by primary and excess professional liability policies.
• Ability to analyze and convey summations of complex issues both verbally and in writing; recognize alternative approaches and develop action plans.
• Experience in determining contractual obligations, insurance coverage analyses, and investigations. Insurance coverage litigation experience a plus.
• Ability to manage complex litigation, set loss and expense reserves and evaluate settlement values.
• Work collaboratively and as team player willing to assist within the Unit and Professional Liability Division as needed.
• Ability to proactively self-manage a high volume caseload.
• Travel required as necessary (approximately 20%).

Markel offers hybrid working schedules of 3 days in the office and 2 days remote.

US Work Authorization:

• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information:

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The national average salary for the Sr. Claims Examiner, Professional Liability is $83,600 - $110,760 with 15% bonus potential.

Who we are:

Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We’re all about people | We win together | We strive for better

What’s in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

• We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
• All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
• We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Therefore, for your safety, please note that:

• All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
• All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to [e-mail].

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic.

Should you require any accommodation through the application process, please send an e-mail to the [e-mail].

No agencies please.