AmTrust Financial Services

Complex Claim Specialist, Legal Malpractice

AmTrust Financial Services$114K — $165K *
US-AnywhereRemote in United States
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in professional liability claims handling
  • Proficient in navigating electronic claim filing systems
  • High technical claim skills and legal knowledge
  • Strong written and verbal communication abilities
  • Adaptable to changing situations and priorities
  • Influential without damaging relationships
  • Effective negotiation skills
  • Ability to thrive in a fast-paced environment
  • Strong time management skills
  • JD, CPCU, or RPLU designation preferred

Responsibilities

  • Recognize exposures and ensure timely and appropriate reserving
  • Evaluate coverage issues and identify risk transfer opportunities
  • Conduct thorough, independent investigations using various resources
  • Manage litigation through effective planning and collaboration with legal counsel
  • Exhibit strong negotiation skills to achieve optimal outcomes
  • Communicate claim exposures clearly to internal and external stakeholders
  • Formulate and execute strategic resolutions for claims management
  • Travel as needed for mediations, trials, and related meetings

Benefits

  • Medical & Dental Plans
  • Life Insurance for employees, spouses, and children
  • Health Care and Dependent Care Flexible Spending Accounts
  • 401k Savings Plans
  • Paid Time Off
Full Job Description
Overview

Amtrust Financial Services, a fast-growing commercial insurance company, is seeking a Complex Claim Specialist. This position can be located in one of our claims offices with the possibility of working remotely. The successful candidate will directly handle complex professional liability claims with an emphasis on legal malpractice claims. The successful candidate will evaluate coverage, assess risk transfer opportunities, analyze liability and damages, manage litigation, negotiate and ensure all files are appropriately reserved.

Responsibilities
  • Recognize exposures and ensure reserving is appropriate and timely
  • Evaluate coverage issues and risk transfer opportunities
  • Complete a thorough, independent investigation with an understanding and utilization of available resources to fill in any gaps in understanding, i.e. internet, PACER, experts, etc.
  • Manage litigation by proper selection, planning, budgeting and partnership with counsel
  • Exhibit strong negotiation skills
  • Effectively communicate exposures both internally and externally
  • Responsible for formulating proper resolution strategy to ensure best claim outcome
  • The position will require periodic travel to attend meditations, trials and / or other related meetings
  • Perform other duties as assigned
Qualifications
  • Minimum of 7+ years of experience in the handling of professional liability claims
  • Proficient computer skills required to navigate our paperless claim file system
  • Possesses a high level of technical claim skills and legal knowledge
  • Excellent communication skills, both written and oral
  • Easily adapts to changing situations, requirements and priorities
  • Ability to effectively influence others without damaging relationships
  • Skillful negotiator
  • Ability to work in a fast paced environment
  • Good time management skills
  • JD / CPCU / RPLU designation preferred

The expected salary range for this role is $114K-$165K/year.

 

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

 

About AmTrust Financial Services

AmTrust Financial Services, Inc. is a multinational property and casualty insurance company. The company provides coverage for small businesses, workers' compensation insurance, extended warranty coverage, specialty risk and extended warranty coverage, and other insurance products. AmTrust Financial Services, Inc. was founded in 1998 and is headquartered in New York City. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol AFSI.
Learn more about AmTrust Financial Services
Size
8,000 employees
Industry
Founded
1998

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