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Title:
Senior Claims Specialist - Management LiabilityCompany:
Everest Global Services Inc.Job Category:
ClaimsJob Description:
Everest is a global leader in risk management rooted in a rich 50 year heritage of enabling businesses to survive and thrive and economies to function and flourish. We are underwriters of risk growth progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders who care deeply about our impact on communities and the wider world.
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:
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:
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 $145000 - $192500 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 dont 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 doesnt 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.
Our Culture
At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.
Type:
RegularTime Type:
Full timePrimary Location:
New York NYAdditional Locations:
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion or creed sex (including pregnancy) sexual orientation gender identity or expression national origin or ancestry citizenship genetics physical or mental disability age marital status civil union status family or parental status veteran status or any other characteristic protected by law. As part of this commitment Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process to perform essential job functions and/or to receive other benefits and privileges of employment please contact Everest Benefits at
Required Experience:
Senior IC
Full-Time