Markel Corp

Senior Claims Examiner

Markel Corp$78K — $107K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in claims handling or equivalent experience
  • Completed 3 years as a Claims Examiner
  • Excellent written and verbal communication skills
  • Strong analytical and problem-solving abilities
  • Effective organization and time management skills
  • Intermediate proficiency in Microsoft Office (Excel, Outlook, PowerPoint, Word)

Responsibilities

  • Analyze coverage and communicate findings
  • Conduct investigations into loss facts and damages
  • Confirm claim coverage per policy documentation
  • Maintain claims guidelines and best practices
  • Coordinate and present loss information to stakeholders
  • Deliver technical training to team members and external contacts
  • Manage contracts with experts and outside counsel for claims
  • Negotiate and settle claims, often in litigation
  • Prepare reports summarizing claims information
  • Meet service agreements and respond to inquiries in a timely manner

Benefits

  • Hybrid work model (3 days in-office, 2 days remote) or fully remote options
  • Opportunity for continued education and industry training
  • Exposure to a variety of complex insurance claims
  • Involvement in special projects and team collaboration
  • Potential for professional growth in a supportive environment
Full Job Description
This position will be responsible for the resolution of moderate to high complexity and moderate to high exposure claims. 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.

Responsibilities

  • Analyzes coverage and communicates coverage positions
  • Conducts, coordinates, and directs investigation into loss facts and extent of damages
  • Confirms coverage of claims by reviewing policies and documents submitted in support of claims
  • Contributes to maintenance of claims guidelines and best practice procedures
  • Coordinates loss information for business stakeholders and presents information during meetings with underwriters and/or insureds when applicable
  • Delivers technical training to colleagues and external contacts as appropriate
  • Directs and monitors assignments to experts and outside counsel, ensures effective vendor and litigation management on moderate to high complexity claims including demonstrable savings
  • Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure
  • Negotiates and settles claims typically in litigation either directly or indirectly
  • Participates in special projects or assists other team members as requested
  • Prepare coverage position letters on matters typically in litigation without assistance of outside coverage counsel.
  • Prepares reports by collecting and summarizing information
  • Present at roundtables to senior claims leaders and underwriters on cases going to trial
  • Provides timely service throughout the life cycle of the claim by meeting all service level agreements, initiating timely contact to all appropriate parties, and responding to incoming inquiries according to company policy and procedures.
  • Sets reserves within authority or makes claim recommendations concerning reserve changes to manager
  • Travel to mediations, trials, and conferences as required
  • Utilizes acceptable investigation claims handling and settlement techniques that achieve cost effective and timely closure results by obtaining, reviewing and analyzing documentation, policy provisions and other records.

Education

  • Bachelor’s degree or equivalent work experience

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..)

Qualifications

  • Minimum of 5 years of claims handling experience or equivalent combination of education and experience
  • Successful completion of 3 years as a Claims Examiner
  • Excellent written and oral communication skills
  • Strong analytical and problem solving skills
  • Strong organization and time management skills
  • Ability to deliver outstanding customer service
  • Intermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word)
  • Ability to work in a team environment
  • Strong desire for continuous improvement
  • Markel offers hybrid (3 days in the office and 2 days remote ) and fully remote option for this opening.  Your location distance will determine the working schedule.

#LI-Hybrid

#LI-SY

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 for the Sr. Claims Examiner is $78,000 - $107,250 with 15% bonus potential.

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.

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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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