Executive Claims Examiner
External
Markelcorp · Chicago, ILPrepare for this interview
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About the role
Markel Group (NYSE - MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We're all about people | We win together | We strive for better We enjoy the everyday | We think further
Responsibilities
- Investigate, negotiate and settle complex primary and excess policy claims including legal malpractice, architects and engineers, financial advisors and miscellaneous professional liability.
- Communicate with underwriting as needed to manage claims and to alert of any significant developments.
- Promptly communicate with management on adverse case developments and provide information on pertinent issues affecting professional liability product lines.
- Proven ability to work in a collaborative team environment. Analyze and convey summations of complex issues; recognize alternative approaches and develop action plans, both orally and in written form.
- Maintain and adhere to Markel's guidelines and procedures.
- Ensure proper adherence to internal reporting requirements.
- Contribute and assist in the implementation of a wide range of initiatives, discussion and action plans brought forth by management.
- Participate in agent related functions and meetings as required.
- Actively participate in the ongoing training and development of the claims examiners.
Requirements
- minimum 4+ years of professional liability claims or litigation experience required. Excess liability (quota share, first layer and high layer) claims or litigation experience a plus.
- College degree and/or professional designation required, JD preferred.
- Excellent written and oral communication skills.
- Sound comprehension of insurance coverage posed by professional liability and excess liability policies.
- Ability to analyze and convey summations of complex issues both verbally and in writing; recognize alternative approaches and develop action plans.
- Experience in determining contractual obligations, insurance coverage analyses, and investigations. Insurance coverage litigation experience a plus.
- Ability to manage complex litigation, set loss and expense reserves and evaluate settlement values.
- Work collaboratively and as team player willing to assist within the Unit and Professional Liability Division as needed.
- Ability to proactively self-manage a caseload.
- Travel required as necessary (approximately 5-10%).
- US Work Authorization
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
- Pay information:
Benefits
Additional Information
What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! This position will be the acknowledged technical expert and be responsible for the resolution of high complexity and high exposure claims. The position will have significant responsibility for decision making and work autonomously within their authority with minimal oversight. The position will also provide training and be a technical referral point for other team members.
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