Senior Claims Specialist - Management Liability

Title:

Senior Claims Specialist - Management Liability

Company:

Everest Global Services, Inc.

Job Category:

Claims

Job Description:

About Everest:

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

The ideal candidate should possess the ability to handle complex Primary and Excess Management Liability (Private Company D&O/EPL) Claims.

More particularly, the ideal candidate will be able to analyze insurance coverage issues and resolve claims according to certain Best Practices and within stated authority limits relative to the Private Company D&O/Management Liability Segment across diverse industries.

Responsibilities include, but not limited to:

• Reviewing and analyzing complex coverage issues and preparing coverage position letters

• Investigating, analyzing, and evaluating liability and damages

• Managing and directing outside counsel; reviewing & approving legal budgets and fee statements

• Preparing Large Claim Reports related to matters of significant reserve and trial activity

• Timely and appropriately setting case reserves

• Developing and executing negotiation and resolution strategies

• Monitoring and attending trials, mediations and settlement conferences

• Engaging with underwriting supporting policy construction and drafting, reporting claim trends, data analysis and risk assessment

• Extensive communications with insureds, brokers, reinsurers and other business contacts

• Attending client meetings and industry functions to support retention and development of client relationships and business.

Qualifications, Education & Experience:

The ideal candidate will have a minimum of 1-3 years of Management Liability claims experience along with following:

• Strong oral and written communication skills

• Strong analytical and organizational skills; Strong negotiation and investigation skills.

• Excellent interpersonal skills

• Ability to evaluate coverage involving a wide variety of loss scenarios and ability to think

• In-depth knowledge of the litigation, arbitration, and trial process

• Currently holds or can readily obtain all required adjuster licenses.

• Knowledge of insurance industry, claims and the insurance legal and regulatory

• Ability to identify and use relevant data and metrics to best manage claims; Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal department efficiency

• Ability to and willingness to present to senior management and other stakeholders

• Ability to resolve complex disputed claims; J.D. (currently licensed) / experience practicing law preferred

• Travel required

#LI-Hybrid

#LI-RS1

For CA, NY, NJ or IL: The base salary range for this position is $145,000 - $192,500 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

 

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