Markel Corp

Executive Claims Examiner, Miscellaneous Professional E&O

Markel Corp$97K — $134K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 4+ years of professional liability claims or litigation experience required.
  • Excess liability experience is a plus, particularly with quota share and high layer claims.
  • College degree required; JD preferred.
  • Excellent written and oral communication abilities.
  • Strong understanding of insurance coverage related to professional and excess liability policies.
  • Experience in contractual obligations and insurance coverage litigation preferred.
  • Proven track record in managing complex litigation and evaluating settlement values.

Responsibilities

  • Investigate and settle complex primary and excess policy claims across various professional sectors.
  • Analyze coverage under professional liability policies and communicate determinations effectively.
  • Manage nationwide litigation, directing defense counsel to ensure efficient claim resolutions.
  • Maintain communication with underwriting regarding claims developments and significant issues.
  • Report adverse case developments to management promptly, providing insights into product lines.
  • Foster collaboration within the team by conveying complex issues and developing action plans.
  • Train and mentor claims examiners on technical processes and best practices.

Benefits

  • Opportunity to be recognized as a technical expert in high complexity claims resolution.
  • Autonomous decision-making with minimal oversight to enhance professional growth.
  • Involvement in training initiatives to develop team skills.
  • Access to a collaborative work environment that values team-driven success.
  • Engagement in agent-related functions and meetings to broaden industry connection.
Full Job Description
This position will be the acknowledged technical expert and be responsible for the resolution of high complexity and high exposure claims. The position will have significant responsibility for decision making and work autonomously within their authority with minimal oversight. The position will also provide training and be a technical referral point for other team members.

Responsibilities:

  • Investigate, negotiate and settle complex primary and excess policy claims including legal malpractice, architects and engineers, financial advisors and miscellaneous professional liability.
  • Investigate and analyze coverage under primary and excess professional liability insurance policies; make coverage determinations; draft routine and complex coverage correspondence; effectively communicate coverage positions to policyholders and other stakeholders; manage claims involving coverage litigation.
  • Manage litigation filed nationwide against insureds; appoint, direct and manage defense counsel; proactively work toward expeditious and economical resolution of claims; assist Company claims vendor management, disbursement and legal collections teams with defense counsel, bill payment and collection issues.
  • Communicate with underwriting as needed to manage claims and to alert of any significant developments.
  • Promptly communicate with management on adverse case developments and provide information on pertinent issues affecting professional liability product lines.
  • Proven ability to work in a collaborative team environment. Analyze and convey summations of complex issues; recognize alternative approaches and develop action plans, both orally and in written form.
  • Maintain and adhere to Markel’s guidelines and procedures.
  • Ensure proper adherence to internal reporting requirements.
  • Contribute and assist in the implementation of a wide range of initiatives, discussion and action plans brought forth by management.
  • Participate in agent related functions and meetings as required.
  • Actively participate in the ongoing training and development of the claims examiners.

Requirements: 

  • minimum 4+ years of professional liability claims or litigation experience required. Excess liability (quota share, first layer and high layer) claims or litigation experience a plus.
  • College degree and/or professional designation required, JD preferred.
  • Excellent written and oral communication skills.
  • Sound comprehension of insurance coverage posed by professional liability and excess liability policies.
  • Ability to analyze and convey summations of complex issues both verbally and in writing; recognize alternative approaches and develop action plans.
  • Experience in determining contractual obligations, insurance coverage analyses, and investigations. Insurance coverage litigation experience a plus.
  • Ability to manage complex litigation, set loss and expense reserves and evaluate settlement values.
  • Work collaboratively and as team player willing to assist within the Unit and Professional Liability Division as needed.
  • Ability to proactively self-manage a caseload.
  • Travel required as necessary (approximately 5-10%).

US Work Authorization

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information:

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure,demonstratedcompetencies, geographic location, and other factors. The national average salary range for theExecutive Claims Examineris $97,520 - $134,090with 25% incentive.

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Choose Apply Now to fill out our short application, so that we can find out more about you. 

 

About Markel Corp

Markel Corp Careers

Join the vibrant team at Markel Corp, a global leader in insurance, reinsurance, and investment operations. At Markel Corp, we believe in fostering an environment of growth and innovation, making it an ideal place for professionals seeking to advance their careers in a dynamic and supportive setting.

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At Markel Corp, you'll be part of a culture that cherishes diversity and leadership. Our team is committed to providing you with the opportunities to develop your professional skills through targeted training programs and diverse job opportunities. Whether you're looking for a position in management, finance, IT, or customer service, Markel Corp offers a variety of career paths to help you achieve your professional goals.

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Markel Corp is not just a company; it's a place where you can build a lasting career. Benefit from our development programs that are designed to nurture your leadership potential. From internships to full-time positions, we provide the support and resources to grow your career. Our commitment to professional growth ensures that every team member has the tools to succeed and lead.

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Learn more about Markel Corp
Size
20,300 employees
Market Cap
$17.4 billion
Industry
Net Income
$816 million
Founded
1930
5 Year Trend
+17.9%
Revenue
$9.7 billion
NASDAQ

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