Markel Corp

Senior Claims Examiner, Misc. Professional Liability

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

Qualifications

  • 3+ years in professional liability claims or litigation experience needed; excess liability experience a plus.
  • A college degree or professional designation is required; JD is preferred.
  • Strong written and oral communication skills are essential.
  • Comprehensive understanding of professional liability insurance coverage is necessary.
  • Ability to analyze complex issues and propose actionable solutions is key.

Responsibilities

  • Investigate, negotiate, and settle complex professional liability claims.
  • Analyze coverage under primary and excess policies and make determinations.
  • Manage nationwide litigation, directing and appointing defense counsel.
  • Communicate significant developments to underwriting and claims management.
  • Assess claims impacts and assist in implementing departmental initiatives.
  • Participate in training and developing claims examiners when needed.

Benefits

  • Collaborative work environment that fosters teamwork.
  • Opportunity to manage a diverse and complex caseload.
  • Engagement in agent related functions and training opportunities.
  • Minimal oversight, allowing for decision-making autonomy.
  • Involvement in the implementation of innovative claims initiatives.
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. Responsibilities: Investigate, negotiate and settle complex primary and excess policy miscellaneous professional liability claims (i.e. claims made against real estate brokers/agents, title agents, escrow agents, accountants, insurance agents and brokers, home inspectors, information technology consultants, debt collectors, medical billing consultants, utility inspectors, and other specified professionals). 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 Claims Manager on adverse case developments and provide information on pertinent issues affecting the miscellaneous professional liability product line. 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 the Claims Manager. Participate in agent related functions and meetings as required. Actively participate in the ongoing training and development of the claims examiners as indicated by Claims Manager. Requirements:  3+ years of professional liability claims or litigation experience preferred. 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 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 10%). #LI-AB 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% incentive. Are you ready to play your part?  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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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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