Claims Examiner - Executive Liability

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 claims of average complexity and low to mid exposure claims. The primary purpose of this job is to investigate, evaluate, negotiate and settle assigned claims by collecting and analyzing data according to policy application and/or contract provisions. The position will have responsibility for decision making within their authority and work under the general direction from their manager.

Responsibilities:

• Investigate, monitor, negotiate and settle excess matters involving Public Directors & Officers and Financial Institutions liability claims, from inception through conclusion.
• Assess and evaluate coverage under Public Directors & Officers and Financial Institutions insurance policies; make coverage determinations; draft routine and complex coverage correspondence; effectively communicate coverage positions to policyholders, brokers, and other stakeholders; manage claims involving coverage litigation.
• Oversee and monitor litigation filed nationwide against insureds; proactively work with Insureds and Brokers toward an economical resolution of claims.
• Communicate with underwriting as needed to manage claims and to alert of any significant developments.
• Promptly communicate with Claims leadership on adverse case developments and provide information on pertinent issues affecting the Director & Officers and Financial Institutions product lines.
• Analyze and convey summations of complex coverage and legal 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 leadership.
• Actively participate in the ongoing training and development of the claims examiners as indicated by Claims leadership.

Requirements: 

• Public Directors & Officers, Financial Institutions, and/or Excess Professional Liability claims or litigation experience is a plus.
• College degree and/or professional designation required; JD preferred.
• Excellent written and oral communication skills.
• Sound comprehension of insurance coverage posed by Directors & Officers, Financial Institutions, and excess 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.
• Participate in Insured and Broker related functions and meetings as required.
• Proven ability to 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 20%).

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 Claims Examiner, Executive Liability is $65,835 - $76,230 with 12% 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. 

 

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