Markel Corp

Senior Claims Examiner

Markel Corp • $78K — $107K *
Plano, TX 75025In-Person
Finance & Insurance
5 - 7 years of experience
3 weeks ago
Job Overview by Ladders

Qualifications

  • 5+ years of claims handling experience or equivalent education/experience
  • Successful completion of 3 years as a Claims Examiner
  • Claims adjuster license or eligibility required
  • Industry designations preferred (e.g., INS, AIC, CPCU)
  • Excellent written and oral communication skills

Responsibilities

  • Confirm coverage of claims by reviewing policies and documents
  • Analyze coverage and communicate positioning
  • Prepare coverage position letters independently
  • Conduct investigations into loss facts and damages
  • Negotiate and settle claims typically in litigation

Benefits

  • Training and development opportunities
  • Participation in special projects
  • Opportunity to represent the company at mediations and trials
  • Technical resource support to underwriting
  • Collaborative work environment with minimal oversight
Full Job Description
This position will be responsible for the resolution of moderate to high complexity and moderate to high exposure claims which can be subject to disputes that must be resolved in mediation or litigation. The primary purpose of this job is to handle claims from coverage enquiry through legal liability assessment (where relevant) and quantum analysis, to timely and accurate resolution; ensuring mitigation of indemnity and expense exposure while communicating developments and outcomes as necessary to all internal and external stakeholders. The position will have increased responsibility for decision making within their authority and work with minimal oversight and will provide training and be a technical referral point for other team members.

Job Responsibilities

  • Confirms coverage of claims by reviewing policies and documents submitted in support of claims

  • Analyzes coverage and communicates coverage positions

  • Prepares coverage position letters on matters (without assistance of outside coverage counsel) and refers suspicious losses to SIU and assist in the investigation and settling of claim.

  • Conducts, coordinates, and directs investigation into loss facts and extent of damages

  • Directs and monitors assignments to experts and outside counsel

  • Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure

  • Sets reserves within authority or makes claim recommendations concerning reserve changes to manager

  • Negotiates and settles claims typically in litigation within authority.

  • Presents at roundtables to senior claims leaders and underwriters on cases going to trial and provides advice/insight on others claims going to trial

  • Participates in special projects having an impact on the business. May be assigned project lead for larger projects

  • Represents Markel at mediations, trials, and conferences

  • Pulls and analyses loss information for business stakeholders and presents information during meetings with underwriters and/or insureds

  • Serves as a technical resource to underwriting and assists with drafting policy wording.

  • Assists in training of new hires and provides assistance, guidance, and coaching to others within claims department.

  • Provides input into maintenance of claims guidelines and best practice procedures

Education

  • Bachelor’s degree or equivalent work experience

  • JD , advanced degree, or focused technical degree a plus

Certification

  • Must have or be eligible to receive claims adjuster license.

  • Successful achievement of industry designations  (INS, IEA, AIC, ARM, SCLA, CPCU) or

  • Participation in industry training opportunities (CLM Claim College, Munich Re Training, FDCC, etc.)

Work Experience

  • Minimum of 5 years of claims handling experience or equivalent combination of education and experience

  • Successful completion of 3 years as a Claims Examiner

Skill Sets

  • Excellent written and oral communication skills

  • Strong analytical and problem solving skills

  • Strong organization and time management skills

  • Ability to work autonomously in a fast paced environment

  • Experience in negotiation, mediations and monitoring trials

  • Ability to influence claims stakeholders and to effectively direct claims strategy

  • Strong litigation management skills are required including the ability to provide direction and guidance to defense attorneys and other experts while controlling expenses.

  • Ability to deliver outstanding customer service

  • Intermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word)

  • Knowledge of tort and contract law

  • Strong desire for continuous improvement

#LI-SY

#LI-Hybrid

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, demonstrated competencies, geographic location, and other factors. The national average salary range for the Senior Claims Examiner is $78,000 - $107,250 with 15% bonus incentive.

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.

Work You'll Do

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.

Innovate and Lead

Embrace the chance to work on groundbreaking projects that redefine the industry standards. Markel Corp is at the forefront of combining technology with insurance solutions, driving innovation and efficiency. Our leadership is deeply involved in developing strategies that leverage our robust networking capabilities to enhance our market presence and service quality.

Join Our Team

Discover a world of opportunities at Markel Corp. We are continuously hiring and looking for talented individuals who are eager to contribute to our mission and vision. Explore job opportunities and internships that will utilize your unique skills and passions. Our team is our greatest asset, and we invest in their growth through comprehensive benefits, professional development, and diversity training.

Develop Your Career

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.

Stay Connected

Be part of Markel Corp's professional network. Engage with us through various networking events, stay updated with the latest industry trends, and connect with other professionals. Our collaborative environment supports career advancement and skill enhancement.

Apply Now

Ready to take the next step in your career? Check out the latest job openings at Markel Corp. Tailor your resume to highlight your relevant experience and skills, and prepare for an interview that could launch your career to new heights. We are excited to see how your expertise and ambitions align with our goals at Markel Corp.

Explore Markel Corp Jobs and Careers

Your future at Markel Corp starts here. With a commitment to innovation, leadership, and diversity, we are looking for individuals who are ready to make a difference. Join us in shaping the future of the insurance and financial industries.

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

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