Reviews loss notices, confirms and interprets policy coverages, establishes adequate reserves, and investigates and handles claims involving primary and excess coverages. Responsible for assignment of expert witnesses and interfacing with peer carriers including design and execution of defense and indemnity contracts, evaluation of liability and damages and participation in settlement conferences. Participates in developing claims handling techniques, including defense coordination, expense control and strategy. Maintains diary control of reported cases to ensure maintenance of proper reserves to reflect the company’s exposure and adequate notice to reinsurers and recovery of specific amounts when payment exceeds the company’s retention.
JDpreferred, not necessary and 5-7years experience handling misc. E&O/LPL/Accounts/D&O/EPLI, GL and Construction Defect and med mal claims litigation. Strong negotiating skills required.