What are the responsibilities and job description for the Claim Director position at Berkley?
Company Details
As a member company of W. R. Berkley Corporation, Berkley Healthcare has assembled a unique team of multi-disciplinary insurance professionals to take a fresh look at healthcare organization insurance. We pride ourselves on our deep expertise in underwriting, claims and distribution in the healthcare industry insurance market. We understand that the healthcare industry is in a state of rapid evolution; shaped by emerging concepts in technology, law, public welfare and social economics, all with attendant enterprise risk unique to healthcare organizations. We apply cutting-edge insurance concepts to traditional healthcare insurance products. Concepts that embrace the current complexity of the healthcare industry. Concepts that give ultimate flexibility in managing enterprise risk.
Company URL: www.berkleyhealthcare.com
The company is an equal opportunity employer.
Responsibilities
Do you want to be part of a dynamic and growing organization that encourages creativity, collaboration, innovation and individual expression? Berkley Healthcare Financial Lines (BHFL), a division of Berkley Healthcare, is a dynamic, start-up company that encourages a pioneering mindset with the financial backing of a Fortune 500 company. At BHFL, everyone’s voice counts and we expect to hear from everyone. If you want to work in a unique insurance company like no other, come explore career options with us.
The Claim Director is responsible for handling claims for all BHFL primary and excess lines of business including: Director’s and Officer’s Liability, Employment Practices Liability, Fiduciary Liability, Fidelity/Crime and Managed Care Errors and Omissions. The Claim Director will be responsible for investigating, evaluating, and resolving low to medium severity claims under the various coverages. The Claim Director will work closely with underwriters and general counsel in support of product development and marketing efforts. The successful candidate will be part of the newly formed Berkley Healthcare group. At BHFL we are hiring for the future. Career opportunities are not limited by your initial position, especially for those who join us on the first part of our journey.
Key functions include but are not limited to:
- Handle primary and excess healthcare-related Director’s & Officer’s Liability, Employment Liability, Fiduciary Liability, Crime and Errors & Omissions Claims
- Draft coverage documents including reservation of rights letters, large loss reports and other internal claim related documents
- Comply with Best Practices guidelines and other company claim handling requirements regarding communication, investigation, litigation management, coverage evaluation, exposure assessment, and settlement/resolution.
- Engage in projects or other responsibilities/tasks outside of direct claim handling as needed
- Actively self-educate as to line of business, industry and insurance trends including exposures, claims, legal, legislative, healthcare, current events, self-improvement and innovation
Qualifications
- Bachelors degree required (Juris doctorate degree preferred but not required)
- 4-6 years’ experience handling low/medium severity claims in one or more of BHFL’s lines of business (D&O, EPL, Fiduciary, Crime, Managed Care E&O)
- Proficiency with insurance contract interpretation and coverage issues
- Healthcare financial lines claims experience preferred
- Desire for new and varied job responsibilities beyond claims handling
- Exceptional collaboration with internal and external teams and partners
- Demonstrated ability to meet deadlines, determine priorities and adapt to changing priorities as needed
- The Company is an equal employment opportunity employer.
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or firms. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.Sponsorship Details
Sponsorship not Offered for this Role
