Senior Professional Liability Claims Specialist

Markel; Rosemont (IL); On-site; USD 73,000 - 152,000; Full time

Benefits offered by this job

Health, dental and vision insurance

401(k) with employer match

Employee Stock Purchase Plan

PTO and holidays

Parental leave

Job summary

Markel, a Fortune 500 insurer, seeks a claims professional to resolve moderate to high complexity professional liability claims nationwide. You’ll analyze coverage, assess liability, manage defense counsel, and coordinate with underwriting and claims teams to mitigate exposure.

The role requires 3+ years of relevant experience, a college degree (JD preferred), and strong written and oral communication skills. Travel about 10% and independent caseload management are expected.

Qualifications

• 3+ years of professional liability claims or litigation experience preferred.
• Excellent written and oral communication skills.
• Sound comprehension of insurance coverage posed by 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 caseload.
• Travel required as necessary (approximately 10%).

Responsibilities

• Investigate, negotiate and settle complex primary and excess policy miscellaneous 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 miscellaneous professional liability product line.
• 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.

Skills

Communication skills

Insurance knowledge

Litigation management

Caseload management

Team player

Education

College degree / JD preferred

Job description

Markel, a Fortune 500 insurer, seeks a claims professional to resolve moderate to high complexity professional liability claims nationwide. You’ll analyze coverage, assess liability, manage defense counsel, and coordinate with underwriting and claims teams to mitigate exposure.

The role requires 3+ years of relevant experience, a college degree (JD preferred), and strong written and oral communication skills. Travel about 10% and independent caseload management are expected.