Technical Claim Manager MPL E&O
Chicago, IL - USA
Job Summary
Job Description
Technical Claim Manager - MPL - E&O
Job Summary
Seeking a highly skilled and experienced Technical Claim Manager to join a this role you will be responsible for managing professional liability claims including Errors and Omissions (E&O) and Architects & Engineers (A&E) claims. You will work proactively to resolve claims efficiently fairly and economically while maintaining compliance with best practices.
Compensation Package
- Base Salary: $120000 - $155000 per year
- Bonus: Up to 15-20% annual bonus
- Comprehensive Benefits:
- Medical dental and vision insurance
- Paid time off (PTO) and holidays
- Paid volunteer time off (VTO)
- Parental and family care leave
- Flexible and hybrid work arrangements
- Tuition reimbursement and education bonuses
Responsibilities
- Manage professional liability claims including E&O and A&E litigation to achieve optimal outcomes.
- Assess and analyze coverage issues issuing appropriate coverage letters and documentation.
- Conduct timely investigations and establish appropriate reserves.
- Pursue risk transfer opportunities including contractual indemnity and additional insured issues.
- Handle claims in compliance with best practices and resolve them in a timely manner.
- Attend mediations settlement conferences and trials as necessary.
Qualifications/Requirements
- Education: Bachelors degree in business administration insurance or a related field. A Juris Doctor (JD) is preferred.
- Experience: Minimum of 5 years of experience in claims handling or litigation with meaningful experience in professional liability claims.
- Skills:
- Strong knowledge of case law statutes and procedures relevant to professional liability claims.
- Proactive approach to investigation risk transfer claim handling and resolution.
- Superior writing and communication skills for effective collaboration with insureds claimants underwriters and management.
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Required Experience:
Manager
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