Sr. Claims Specialist, Professional Liability | E&O, D&O, EPL) PRIMARY PURPOSE OF THE ROLE To analyze complex or technically difficult errors and omissions, employment practices law, and directors and officers claims and coordinate case management within Company standards, industry best practices and specific client service requirements. ESSENTIAL RESPONSBILITIES MAY INCLUDE - Analyzes and processes complex or technically difficult professional liability claims by investigating and gathering information to determine the exposure on the claim; manages claims through well-developed action plans to an appropriate and timely resolution. - Conducts or assigns full investigation and provides report of investigation pertaining to new events, claims and legal actions. - Negotiates claim settlement up to designated authority level. - Calculates and assigns timely and appropriate reserves to claims; monitors reserve adequacy throughout claim life. - Recommends settlement strategies; brings structured settlement proposals as necessary to maximize settlement. - Coordinates legal defense by assigning attorney, coordinating support for investigation, and reviewing attorney invoices; monitors counsel for compliance with client guidelines. - Uses appropriate cost containment techniques including strategic vendor partnerships to reduce overall claim cost for our clients. - Represents Company in depositions, mediations, and trial monitoring as needed. - Communicates claim activity and processing with the client; maintains professional client relationships. - Ensures claim files are properly documented and claims coding is correct. - Performs other duties as assigned. QUALIFICATIONS Experience: Six (6) years of claims management experience or equivalent combination of education and experience required. Skills: written and oral communication skills, presentation skills, PC literate including Microsoft Office Products, strong negotiation skills, ability to work in a team environment, and meet or exceed performance competencies Education: Bachelor's degree from an accredited college or university preferred. Licenses as required.  - Professional certification as applicable to line of business preferred. Work environment requirements include – Physical: Computer keyboarding Auditory/visual: Hearing, vision and talking Mental: Clear and conceptual thinking ability; excellent judgement and discretion; ability to meet deadlines. When applicable and appropriate, consideration will be given to reasonable accommodations. As required by law, Sedgwick provides a reasonable range of compensation for roles that may be hired in jurisdictions requiring pay transparency in job postings. Actual compensation is influenced by a wide range of factors including but not limited to skill set, level of experience, and cost of specific location. For the jurisdiction noted in this job posting only, the range of starting pay for this role is $100,000 to $125,000. A comprehensive benefits package is offered including but not limited to, medical, dental, vision, 401k and matching, PTO, disability and life insurance, employee assistance, flexible spending or health savings account, and other additional voluntary benefits. Always accepting applications. The statements contained in this document are intended to describe the general nature and level of work being performed by a colleague assigned to this description. They are not intended to constitute a comprehensive list of functions, duties, or local variances. Management retains the discretion to add or to change the duties of the position at any time.