EPL Senior Claims Specialist
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Job Location:
New York City, NY - USA
Yearly Salary:
$ 86000 - 150000
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Job Description
Senior Claims Specialist - Employment Practices Liability (EPL)
Job Summary
Seeking a highly skilled and experienced Senior Claims Specialist to join a team. This role involves managing complex claims across Public and Private Directors & Officers (D&O) Financial Institutions Employment Practices Liability (EPL) and Fiduciary Liability lines. The ideal candidate will possess strong analytical skills sound judgment and a commitment to delivering exceptional service to clients and broker partners. This position operates on a hybrid schedule requiring four days in-office.
Compensation Package
- Base Salary Range: $86000 - $150000 per year
- Bonus: Annual discretionary bonus (target of 10% not guaranteed)
- Profit Sharing: 5-12% in lieu of 401(k) match
- Benefits Include:
- Health dental and vision insurance
- Life and disability insurance
- Wellness programs
- Paid time off
- 401(k) and profit-sharing plans
The actual salary will be determined based on factors such as the scope and complexity of the role as well as the candidates skills education training credentials and experience.
Responsibilities
- Manage primary and low excess private company and employment practices claims as well as excess financial institutions claims of moderate to high value and complexity.
- Resolve claims in accordance with company best practices and within designated authority limits.
- Conduct thorough coverage analysis assess exposure establish appropriate reserves and review all aspects of legal proceedings.
- Attend mediations and trials as necessary.
- Collaborate and communicate effectively with insureds brokers and internal stakeholders throughout the claims lifecycle.
- Stay informed on legal developments and regulatory changes impacting claims handling and coverage.
Qualifications/Requirements
- Bachelors Degree required.
- Juris Doctor (J.D.) preferred but not mandatory.
- Minimum of 5 years of claims handling experience or 3 years of litigation experience preferably as a coverage attorney.
- Demonstrated expertise in Employment Practices Liability (EPL).
- Ability to obtain and maintain required adjuster licenses within 90 days.
- Strong understanding of the insurance industry claims processes and the legal and regulatory environment.
- Excellent analytical organizational and multitasking skills.
- Effective written and verbal communication abilities.
- Collaborative mindset with a commitment to team success.
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Required Experience:
Senior IC
Key Skills
- Corporate Paralegal
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About Company
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