Executive Claims Specialist

5 months ago

Chicago, United States Markel Bermuda Limited Full time
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.

Markel will provide relocation assistance as this position requires the hire to physically reside in Bermuda.

Job Responsibilities

Handle a pending claim count of complex and non-complex claims involving underlying litigations/investigations/claims predominantly pending in the US Analyze coverage and draft coverage positions and correspondence  Evaluate liability, and damages to determine potential exposure Timely prepare large loss reports, post reserves, and escalate complex coverage issues to Senior Director, as appropriate  Actively participate in negotiation and settlement of both underlying claims and claims for coverage  Support underwriting by drafting or advising on policy wordings or renewal requests and attending renewal meetings with brokers and clients, as required Serve as technical resource for internal stakeholders and other claims examiners  Foster collaborative relationships with internal stakeholders and timely respond to internal inquiries Participate in special projects and reports and assist other team members, as requested Travel to mediations, trials, and conferences, as required  Promote inclusion within team and department 

Education

Law degree (US preferred) 

Work Experience

Experience managing, mentoring, and/or training more junior employees Minimum of 8 years of experience handling, or providing legal advice with respect to, a spectrum of professional liability claims involving various risk classes and types of liabilities Significant experience handling or advising on complex coverage issues Significant experience with at least two or more of the following types of US claims preferred: EPL, D&O, E&O, FI, and TL Experience arbitrating, mediating, and/or negotiating underlying claims and/or claims for coverage without assistance from outside counsel Skill Sets Knowledge of coverage law (US preferred) and various types of professional liability policies Knowledge of the US legal system and the nuances between different states  Strong written and oral communication skills Strong analytical and problem-solving skills Strong organization and time management skills Ability to deliver outstanding customer service Intermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word) Ability to work in a team environment Strong desire for continuous improvement

Who we are:

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

What’s in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life. All full-time employees will be offered comprehensive health, vision, dental coverage as well as optional life, disability, and AD&D insurance. We also offer a pension with an employer contribution, an Employee Stock Purchase Plan, vacation, sick days, corporate holidays, daily lunch and parental leave. Markel offers hybrid working schedules of 3 days in the office and 2 days remote.

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The base range for Bermuda location is $140-$160K with 35% bonus potential.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:

All legitimate job postings with Markel will be posted on No other URL should be trusted for job . All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to .

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law. 

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