- Professional
- Escritório em Chicago
Berkley Select delivers professional liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations.
As a Berkley company, Berkley Select is staffed with a team of experts with a specific focus on Professional Liability. Berkley Select utilizes individual risk underwriting, loss control, and claims practices to provide superior products and services to its customers.
Berkley Select is a Berkley Company. W. R. Berkley, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB).
Company URL: https://www.berkleyselect.com
The company is an equal employment opportunity employer.
Responsibilities:This position is responsible for the handling, oversight and overall management of professional liability claims, with a focus on lawyer and accountant liability. Individual should be a technical expert in the interpretation of complex or unusual claims-made and reported policy coverages. Under limited management direction, will analyze, coordinate and resolve claims within assigned limits of broad authority. Individual should have strong writing skills.
- Manages complex investigations of professional liability claims including identifying insurance coverage issues, liability, compensability and damages. Determines if a claim should be settled or litigated and implements an appropriate resolution strategy accordingly. Effectively manages loss costs and claim expenses.
- Manages all types of investigative activity or litigation on claims, including the posting of appropriate reserves in a timely manner. Coordinates discovery and litigation strategy with panel attorneys and/or counsel retained by the insured.
- Negotiates complex settlement packages through mediations and alternative dispute resolution mechanisms.
- Makes recommendations on claims processes and resolution strategies to management. Drafts concise and well written large loss reports for reporting to senior management.
- Prepares and presents claims to management and other internal business partners and clients.
- Strong knowledge of lawyer, accountant malpractice and the process of litigation.
- Works with attorneys, account representatives, agents, and insureds regarding the handling and/or disposition of highly complex claims.
- Regular and predictable attendance required.
- Juris Doctorate strongly preferred.
- At least 6 years professional liability claims experience, strong background in accountant and lawyer malpractice claims.
- Advanced technical and product specific expertise, claims resolution skill and knowledge of insurance claims principles, practices and procedures.
- Strong background in fully comprehending complex claim facts and issues, implementing strategies with a proactive long-term view of business goals and objectives and evaluating claims based on a cost benefit analysis.
- Creativity in resolving unique and challenging business problems.
- Strong skills needed in communications, negotiation and presentation skills.
- Advanced analytical and problem solving skills.
- Prioritization and organization of multiple projects.
- Effectively manage ambiguous situations, issues and adapt to change.
- Strong interpersonal and team participation skills.