What are the responsibilities and job description for the Senior Claims Representative - Professional Liability position at biBERK Insurance Services?
The Senior Claims Representative will directly handle miscellaneous professional liability claims of varying complexity for a variety of professions, including real estate agents, insurance agents, lawyers, allied health medical professionals, interior designers, journalists, estheticians, travel agents, accountants, financial advisors, and more. This position will require the ability to analyze coverage issues in addition to routine claim adjusting functions, a willingness to adapt to our rapidly growing business, and excellent time management skills. Additionally, the position will involve extensive coverage letter drafting and frequent communication with internal and external parties. Strong writing and interpersonal skills are essential.
Location : This is a full-time remote position.
Job Responsibilities
- Manage an active desk of litigated and non-litigated claims of varying complexity under miscellaneous professional liability coverages
- Recognize exposures and ensure reserves are adequate and timely
- Evaluate coverage issues and identify risk transfer opportunities
- Manage litigation by proper expert selection, planning, budgeting and partnership with defense counsel
- Strong negotiation skills
- Effective communication both internally and externally
- Proactively manage claim resolution, including formation and implementation of resolution strategy, settlement valuation and obtaining settlement authority
- Actively participate in mediations as needed, within limit of settlement authority
- Manage allocated loss adjustment expense through strategic handling and bill review / payment processing in coordination with the billing unit
- Appropriately document claim files in accordance with established guidelines
- Maintain adjuster licenses, as required
- This position may require occasional travel to attend mediations, trainings, trials and / or other related meetings
Preferred Knowledge
EDUCATION :
EXPERIENCE :
About biBERK :
biBERK is where commercial insurance buyers can obtain coverage for their businesses from insurers of the Berkshire Hathaway group of Insurance Companies, one of the best capitalized insurance groups in the world. Our ultimate parent, Berkshire Hathaway Inc. (berkshirehathaway.com) is a holding company with diversified interests in a host of industries, including insurance, energy, transportation and manufacturing. Most policies issued through biBERK.com will be underwritten by Berkshire Hathaway Direct Insurance Company ("BHDIC"), which is an AM Best rated A insurer.
BHDIC is domiciled in Omaha, Nebraska. BHDIC and the team at biBERK are focused on helping small business owners quickly and easily buy affordable insurance directly from a financially strong insurance company they can trust.
Some highlights of our benefits are :
In accordance with pay transparency laws and regulations, the following good faith compensation range estimate is being provided. The starting salary range for this position is $90-120k per year. Final compensation will be based on candidate qualifications, geographic location, and other considerations permitted by law.
Salary : $90,000 - $120,000
