drjobs Complex Claims Specialist (Cyber, Tech, Media, & Crime)

Complex Claims Specialist (Cyber, Tech, Media, & Crime)

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Yearly Salary drjobs

$ 115000 - 150000

Vacancy

1 Vacancy

Job Description

Job Description

Complex Claims Specialist

Job Summary

Seeking a highly skilled and experienced Complex Claims Specialist to join a dynamic team. This role focuses on managing complex claims within the Cyber Tech Media and Crime professional liability lines of business. The successful candidate will play a pivotal role in analyzing liability claim submissions managing litigation and driving early resolution of claims.

Compensation Package

  • Salary Range: $115000 - $150000 per year (based on experience and qualifications)
  • Benefits:
    • Competitive salary and performance-based bonus
    • Comprehensive health vision and dental insurance
    • 401(k) with competitive company matching

Responsibilities

  • Adjust and resolve complex claims including all phases of litigation.
  • Manage and direct work of counsel and experts on claims.
  • Draft complex coverage letters including reservation of rights and denial letters.
  • Review and analyze claim documentation and legal filings.
  • Drive litigation best practices to lead defense strategy on litigated files.
  • Investigate negotiate and utilize alternative dispute resolutions to achieve positive claim outcomes.
  • Identify emerging exposures and claims trends.
  • Accurately document claim files in compliance with company policies and regulatory requirements.
  • Develop and conduct training for claims teams and underwriters.
  • Handle claims from across the U.S. with an average caseload of 110-125 files (80% litigated).

Qualifications/Requirements

  • 8 years in insurance with at least 5 years in litigation.
  • Proven ability to manage claims up to $2M with an average range of $100K-$250K.
  • Advanced knowledge of claims analysis adjusting practices and litigation processes.
  • Bachelors degree from an accredited college or university preferred.
  • JD from an ABA-accredited law school may be considered as a supplement to claims handling experience.
  • Strong analytical negotiation and communication skills.
  • Ability to work independently with minimal supervision.
  • Experience attending and leading mediations arbitrations and trials.
  • Commitment to professional development including certifications such as CPCU ARMS or AINS.
  • Demonstrated ability to act as a subject matter expert.
  • Courage and professionalism in addressing complex matters with insureds attorneys and brokers.
  • Well-organized and responsive with a proactive approach to claims management.

Disclaimer: Please note that this job description may not cover all duties responsibilities or aspects of the role and it is subject to modification at the employers discretion.

#LI-BC1


Required Experience:

Unclear Seniority

Employment Type

Full-Time

Company Industry

About Company

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