Claims Specialist MPL

We are currently recruiting for a Senior Claims Examiner (MPL – E&O & D&O). This is a hybrid schedule (2 days in-office weekly) in the closest US office. New York City (midtown), Hartford, CT, Chicago, IL or Scottsdale, AZ. The Sr. examiner will adjust and resolve moderate to complex claims that includes all phases of litigation for the MPL Team. 90K-110K Base up to 20% Bonus Full Benefits Package

Responsibilities:

• Accurately document claim files with all relevant claim information, correspondence, and notes in compliance with company policies and applicable regulatory authorities.
• Draft coverage letters, including reservation of rights and denial letters.
• Review and analyze claim documentation and legal filings to set timely and accurate reserves and notify the manager if upward segmentation is needed.
• Identify emerging exposures and claims trends.
• Drive litigation best practices to manage deployment and utilization of defense counsel.
• Identify suspected fraudulent claims and track with special investigations unit.
• Partner with teams to participate in Claims projects.

Requirements:

• Must have Misc Professional Lines experience (E&0 / D&O)
• B.A./B.S degree from an accredited College or University preferred
• 4-6 years of claims handling experience or a JD from an ABA accredited law school
• Active insurance adjuster’s license or ability to obtain within 90 days of hire
• Advanced knowledge of claims analysis and adjusting practices
• Experience with litigated claims
• In-depth knowledge of standards for claims documentation and legal filings
• Proven ability to actively and effectively negotiate settlement of moderate to complex claims
• Experience in mentoring and training other claims examiners
• Strong verbal and written communication skills

No sponsorship. Must be a US citizen or a permanent resident (green card holder). Local candidates only (hybrid in-office 2 days). 90K-110K Base Bonus Full Benefits Package