drjobs Senior Claims Examiner, EA

Senior Claims Examiner, EA

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1 Vacancy
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Job Location drjobs

Morristown, NJ - USA

Yearly Salary drjobs

$ 145700 - 160000

Vacancy

1 Vacancy

Job Description

With a company culture rooted in collaboration expertise and innovation we aim to promote progress and inspire our clients employees investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short We Enable Possibility.

Position Overview

The Claims Division is seeking a team member to join the Executive Assurance Team as Senior Claims Examiner. In this role the responsibilities include but not limited to actively manage and effectively oversee assigned caseload for a variety of claims including Public D&O Private Company D&O Financial Lines and Private Equity related claims.

Primary Responsibilities

Specific duties include but not limited to the below:

  • Identify and assess coverage issues draft coverage position letters and retain coverage counsel when necessary as well as review coverage counsels opinion letters and analysis
  • Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handlers care
  • Develop and implement strategy to resolve matters of liability and damages of a particular case
  • Maintain contact with the claim staff business line leader underwriter defense counsel and broker
  • Investigate claim and review the insureds materials pleadings and other relevant documents
  • Identify and review of each jurisdictions applicable statutes rules and case law
  • Review litigation materials including depositions and experts reports
  • Analyze and direct risk transfer additional insured issues and contractual indemnity issues
  • Retain counsel when necessary and direct counsel in accordance with resolution strategy
  • Analyze coverage liability and damages for purposes of assessing and recommending reserves
  • Prepare and present written/oral reports to senior management setting forth all issues influencing evaluation and recommending reserves
  • Travel to and from locations within the United States to attend mediations trials and other proceedings relevant to the resolution of the matter
  • Negotiate resolution of claims
  • Review and evaluate defense counsel invoices for reasonableness and process associated payments
  • Maintain a diary of all claims post reserves in a timely fashion and expeditiously respond to claims inquiries from insured counsel underwriters brokers and senior management

Qualifications

  • Bachelors degree required;Juris Doctorate degree preferred
  • 5-7 years of work experiencemanaging professional liability claims process at a carrier broker or law firm
  • Proper adjuster licensing in all applicable states preferred
  • Exceptional communication (written and verbal) evaluation influencing negotiating listening and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines
  • Strong time management and organizational skills
  • Ability to take part in active strategic discussions
  • Ability to work well independently and in a team environment
  • Hands-on experience and strong aptitude with Microsoft Excel PowerPoint and Word
  • Willing and able to travel 25%

For individuals assigned or hired to work in the location(s) indicated below the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$145700 - $160000/year

  • Total individual compensation (base salary short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location scope & responsibilities of the role qualifications talent availability & specialization as well as business needs. The above pay range may be modified in the future.

Click here to learn more on available benefits.

Do you like solving complex business problems working with talented colleagues and have an innovative mindset Arch may be a great fit for you.If this job isnt the right fit but youre interested in working for Arch create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Archs Talent Acquisition team.

14400 Arch Insurance Group Inc.

Required Experience:

Senior IC

Employment Type

Full-Time

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