Claims Examiner – Executive Liability

Claims Examiner – Executive Liability

Requirements

• Public Directors & Officers, Financial Institutions, and/or Excess Professional Liability claims or litigation experience is a plus.
• College degree and/or professional designation required; JD preferred.
• Excellent written and oral communication skills.
• Sound comprehension of insurance coverage posed by Directors & Officers, Financial Institutions, 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.
• Proven ability to 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 20%).
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Responsibilities

• Investigate, monitor, negotiate and settle excess matters involving Public Directors & Officers and Financial Institutions liability claims, from inception through conclusion.
• Assess and evaluate coverage under Public Directors & Officers and Financial Institutions insurance policies; make coverage determinations; draft routine and complex coverage correspondence; effectively communicate coverage positions to policyholders, brokers, and other stakeholders; manage claims involving coverage litigation.
• Oversee and monitor litigation filed nationwide against insureds; proactively work with Insureds and Brokers toward an economical resolution of claims.
• Communicate with underwriting as needed to manage claims and to alert of any significant developments.
• Promptly communicate with Claims leadership on adverse case developments and provide information on pertinent issues affecting the Director & Officers and Financial Institutions product lines.
• Analyze and convey summations of complex coverage and legal 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 the Claims leadership.
• Actively participate in the ongoing training and development of the claims examiners as indicated by Claims leadership.

Preferred Qualifications

• Experience in Public Directors & Officers, Financial Institutions, and/or Excess Professional Liability claims or litigation is a plus.
• Insurance coverage litigation experience a plus.