Senior Claims Specialist - Executive Liability

Company Information:

What we look for

Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of customer service and help maintain our position as a leader in the global marketplace.

Markel Style

The Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below.

If you think you have these core attributes we want to hear from you.

Job Summary:

This position will be responsible for the handling and resolution of Public Company D&O and FI D&O and E&O 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 evaluation 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.

* Confirms coverage of claims by reviewing policies and documents submitted in support of claims
* Analyzes coverage and communicates coverage positions
* Conducts, coordinates, and directs investigation into loss facts and extent of damages
* Directs and monitors assignments to experts and outside counsel when applicable
* 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 either directly or indirectly
* Prepares reports by collecting and summarizing information
* Adheres to Fair Claims Practices regulations and internal Claims Quality Performance Objectives
* Assist in training and mentoring of examiners
* Serves as technical resource to subordinates and others in the organization.
* Review and approve correspondence, reports and authority requests as directed by manager
* Participates in special projects or assists other team members as requested
* Travel to mediations, trials, and conferences as required

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) a plus

Work Experience

* D&O or FI D&O/E&O claims handling experience preferred.
* Minimum of 5-10 years of claims handling experience or equivalent combination of education and experience

Skill Sets

* 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

Choose Markel:

Innovative hybrid work model * A diversity and inclusion focused employer * Exceptional base salary and bonus structure * Comprehensive benefits which include PTO, medical, dental, vision, 401K and more * Growth opportunities to advance your career* Ongoing coaching and career development * Fast paced, high performance environment *Profitable Fortune 300 company in business since 1930.

Work location is flexible if approved by the Company, except that position may not be performed in Colorado.

Must be authorized to work in the U.S., and not require sponsorship now or in the future

"Why work for us?"

Diversity and inclusion

Markel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing people's differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world.

Community involvement

Markel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising.

Commitment to open doors

Markel is committed to creating the best work environment. Our open-door policy is essential in recognizing business issues as they rise and to address the changing needs of our diverse and global workforce. Challenging management is a component of the Markel Style-some of our best ideas start from a conversation between a manager and an employee.

Entrepreneurial spirit

As the Markel Style states, we pursue excellence, strive for a better way, and share the success of others. Markel associates proactively seek new business opportunities, bringing further success to Markel.