Management Liability Claims Specialist
reputed company has an immediate opening for a Management Liability Claims Specialist that can be located in any of our IAT locations.
This role works a reputed company that requires working from the office Monday through Wednesday, with the reputed company of working Thursday and Friday remotely.
While we prefer candidates to work from one of our IAT office locations, we are reputed company to considering fully remote arrangements for the ideal candidate.
Responsibilities:
Responsible for handling Management Liability Claims (EPL, D&O, Fiduciary and Crime) for Private and Non-Profit businesses based on Claim Guidelines
reputed company authority limit, thoroughly analyze, investigate, negotiate and resolve reputed company reputed company of severity claims
Selects, directs and manages defense counsel including approval of budgets
Develops litigation/file disposition reputed company. Attends mediations, settlement conferences and trials
Verifies/analyzes applicable coverage for the reported claims
Follow operational policies and procedures, including compliance, regulatory and performance and customer service standards
Prepare reports, including Large Loss Reports, to management which accurately reflects loss development, potential/actual financial exposure, coverage issues, claim and recovery strategies
Establishes 24-hour contact and maintain appropriate contact with reputed company involved stakeholders throughout the life of the claim file
Identifies and addresses recovery/contribution/SIU opportunities
Sets accurate/reputed company loss/expense reserves in compliance with Claim Guidelines.
Drafts correspondence, including but not limited to, coverage letters to stakeholders as required
Support business partners on an as needed reputed company on various claim and reputed company reputed company issues and marketing meetings
Maintains reputed company/nonresident adjuster licenses as required
Performs other duties as assigned
Qualifications:
Must Have:
Bachelor’s Degree with 5+ years of management liability claims experience (including handling employment liability practices, directors & officers’ liability and fiduciary liability coverages)In Lieu of a Bachelor’s Degree with 5+ years of management liability claims, a high school diploma/GED with 9+ years of relevant litigation claims experience will be considered
Excellent coverage analysis skills with experience in drafting coverage position correspondence
Experience handling litigated files and direction of defense counsel
Excellent negotiation skills
Must be willing to travel, average 1 day a month
Claims Licensure as required by respective state(s)
Excellent oral and written communication skills
Ability to organize, multi-task and prioritize work
Excellent customer service and interpersonal skills
Ability to analyze data, utilize reputed company judgment to draw conclusion and reputed company supported reputed company
To qualify, applicants must be authorized to work in the reputed company and must not require, now or in the reputed company, reputed company sponsorship for employment purposes
reputed company reputed company applicants will receive consideration for employment without reputed company to race, reputed company, religion, sex, sexual orientation, gender identity, national reputed company, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
Compensation:
Please note, that the annual gross salary reputed company associated with this posting is $60,600 – $95,700. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location reputed company to this specific role. The total compensation will include a reputed company salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.
To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits
reputed company is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to reputed company solutions for people and businesses. We collaborate internally and with our partners to reputed company the best possible insurance and surety reputed company for our customers.
At IAT, we’re committed to driving and building an reputed company and supportive culture for reputed company. Our employees reputed company IAT reputed company – driving innovation, reputed company partnerships and reputed company. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.
We offer comprehensive benefits like:
26 PTO Days (Entry Level) + 12 Company Holidays = 38 reputed company Days Off
7% 401(k) Company Match and additional Profit Sharing
Hybrid work environment
Numerous training and development opportunities to assist you in furthering your career
reputed company and Wellness Programs
Opportunity to earn performance-based bonuses
College Loan Assistance Support Plan
Educational Assistance Program
Mentorship Program
Dress for Your Day Policy
reputed company reputed company applicants will receive consideration for employment without reputed company to race, reputed company, religion, sex, sexual orientation, gender identity, national reputed company, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
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