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Senior Claims Analyst
2 months ago
Position Overview
As a Senior Claims Analyst in the Professional Liability domain, you will oversee and resolve intricate claims related to various specialty lines, including Errors & Omissions (E&O) and Directors & Officers (D&O). Your proficiency in professional lines claims will be essential for assessing coverage, liability, and damages, while ensuring that all claims are handled efficiently and accurately.
Compensation and Benefits
- Annual Salary: $85,000 - $115,000 (commensurate with experience)
- Hybrid work model
Key Responsibilities
- Manage a varied portfolio of high-stakes professional liability claims, including E&O, D&O, and other associated lines.
- Analyze and interpret insurance policies to ascertain coverage, liability, and damages.
- Conduct comprehensive investigations, which involve collecting evidence, interviewing relevant parties, and reviewing pertinent documentation.
- Facilitate negotiations for settlements with claimants, legal representatives, and other involved parties, ensuring just and equitable outcomes.
- Work in conjunction with legal advisors to handle litigated claims, including preparation for mediations, arbitrations, and court proceedings.
Qualifications
- Background in professional lines is essential.
- Experience managing claims across the United States.
- Ability to handle claims with values up to $500,000.
- 5-7 years of experience in the insurance sector, with a minimum of 3 years in litigation.
- A Juris Doctor degree from an ABA-accredited institution may be considered as a complement to claims handling experience.
- A Bachelor’s degree from an accredited college or university is preferred.