Senior Claims Specialist
Everest Global Services, Inc.

New York, New York

Posted in Insurance


This job has expired.

Job Info


Title:
Senior Claims Specialist

Company:
Everest Insurance Company

Job Category:
Claims

Job Description:

The ideal candidate should possess the ability to handle complex Primary and Excess Professional Liability 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 E&O Segment across diverse industries.

Responsibilities include but not limited to:

  • Reviewing and analyzing complex coverage issues and preparing coverage positions 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, Education & Experience:
  • The ideal candidate will have a minimum of 3 years of Professional 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 strategically
    • 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 environment
    • 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

For NYC Only: The base salary range for this position is $130,000 - $160,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

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. Click here to learn more about our culture.

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

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:
Regular

Time Type:
Full time

Primary Location:
Warren, NJ

Additional Locations:
New York, NY

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 everestbenefits@everestglobal.com.

Everest U.S. Privacy Notice | Everest (everestglobal.com)


This job has expired.

More Insurance jobs


Blue Cross Blue Shield of Michigan
Grand Rapids, Michigan
Posted about 12 hours ago

Blue Cross Blue Shield of Michigan
Grand Rapids, Michigan
Posted about 12 hours ago

PacificSource
Portland, Oregon
Posted about 10 hours ago

Get Hired Faster

Subscribe to job alerts and upload your resume!

*By registering with our site, you agree to our
Terms and Privacy Policy.