This full-time position will report to the Manager of Specialty Claims. As a direct report to the Manager of Specialty Claims, you should possess the ability to handle and manage a wide variety of severity/complex claims with coverage issues as well as coverage litigation within our Professional Liability line of business.
Minimum Qualifications:- A Bachelor's degree in Business Administration, Accounting, Finance, or a related field, or the equivalent education and/or experience.
- 5-10 years of relevant and progressive experience handling Professional Liability claims.
- Adjuster licenses, as mandated by specific states, are required.
Primary Job Functions:- Direct management and oversight of professional lines claims with potential for significant severity and complexity.
- Direct management of coverage disputes.
- Formulating claims and litigation strategies, assigning, directing, and managing outside counsel.
- Promptly investigating all assigned claims to complete coverage, liability, and damages analysis.
- Ensures timely disposition of all claims in accordance with regulatory and statutory requirements.
- Maintain and manage a diary system to efficiently and effectively resolve all claims.
- Present recommendations to management pertaining to coverage, settlement positions and loss reserves.
- Build and maintain key relationships with internal and external stakeholders (e.g. Reinsurers, Underwriters, Actuarial, Brokers, Attorneys, Vendors, etc.).
- Participate in Claim Reviews and claim audits.
- Attend depositions, settlement conferences and trials when necessary.
- Performs other duties or special projects as required or as assigned by a supervisor.
The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
Skills & Competencies Required:- Excellent written and verbal communication skills
- Strong analytical skills
- Strong negotiation skills
- In-depth knowledge of claims, litigation, and trial process
- Excellent organizational and time management skills
- Proficiency in MS Office (Word, Excel, Outlook)
- Ability to work independently with limited supervision
- Ability to successfully obtain the required state adjusters' licenses
Additional Information:- Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.
- The anticipated salary for this position is $90,000 - $150,000 per year, based on qualifications and experience.
- Internal Notice: As part of our commitment to talent development, this position is open for internal promotion applications at the time of public posting.
- Fortegra is not accepting unsolicited resumes from search firms for this position.
- Please be aware of job fraud(s) - all correspondence emails regarding your candidacy will come from our Fortegra.com email address. Thank you.
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