Senior Claims Specialist

Westfield Specialty; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

Westfield Specialty in New York is seeking a Claims Manager to oversee commercial and financial claims such as Public and Private D&O, E&O, and EPL. This role demands a minimum of 6 to 10 years of relevant experience, including expertise in handling complex claims and excellent communication skills.

The ideal candidate should have a Bachelor's degree and a Juris Doctor from an accredited law school. This position requires being onsite in the office 4 days a week.

Qualifications

• Minimum of 6 to 10 years' experience in specialty insurance carrier or law firm.
• Significant experience with D&O, E&O or EPL claims.
• Ability to obtain and maintain insurance adjuster licenses.

Responsibilities

• Handle and oversee commercial and financial lines claims.
• Provide top-notch customer service to internal and external customers.
• Review policies to determine coverage.

Skills

Public and Private D&O claims handling

Excellent written communication skills

Analytic and investigative skills

Negotiation skills

Experience with Microsoft Windows, Outlook, and Excel

Education

Bachelor's degree

Juris Doctor from an accredited law school

Job description

Responsibilities

• Directly handle, manage and/or oversee commercial and financial lines Public and Private D&O, Financial Institutions E&O, EPL, Fiduciary and Crime/Fidelity claims.
• Handle claims in accordance with Claim Handling Best Practices in all phases of the claim including through initial contact, investigation of the claim, evaluation the claim for coverage and reserving for exposure, and in the resolution and documentation of claims.
• Provide top-notch customer service through all interactions and communications including with internal and external customers and business partners.
• Review and evaluation of policies to determine coverage.
• Resolve coverage-related matters working collaboratively with outside counsel when necessary.
• Complete written reports and present claims to management, underwriting, actuary and reinsurers on claim developments as needed.
• Adhere to all statutory regulations and Unfair Claims Practices Acts.
• Consistently communicate claim developments, exposure analyses and requests for authority to claims management.
• Participate in mediations, settlement conferences and otherwise see claims through to resolution.
• Work closely with underwriting and other business partners to review, analyze, and communicate claim trends and help develop policy language.
• Along with underwriting, attend current and prospective meetings with insureds and brokers.
• Work with and manage outside vendors, including outside attorneys to manage budgets and oversee litigation.

Qualifications

• Minimum of 6 to 10 years' experience at either a specialty insurance carrier and/or law firm.
• Significant public/private D&O, E&O or EPL experience. Experience with program claims and working with MGU and MGA platforms in a claim capacity.
• Bachelor's degree and Juris Doctor from an accredited law school required.
• Candidates will be required to obtain and maintain insurance adjuster licenses.
• Excellent written communication skills.
• Excellent verbal and interpersonal communication skills, resulting in the ability to interact with all levels of management and employee population.
• Strong analytic, investigative, listening and negotiation skills.
• Experience multi-tasking, prioritizing work and working effectively in a team environment, while maintaining attention to detail.
• Experience working in a fast-paced environment, completing work with limited supervision.
• Experience with Microsoft Windows, Outlook, and Excel or transferable software packages.
• Ability and willingness to travel as needed.
• Ability to be onsite in office 4 days a week as per corporate policy

Westfield Specialty is proud to be an Equal Employment Opportunity employer. We celebrate diversity and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.