Executive Claim Specialist - Professional Liability (Hybrid /Remote)

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 the acknowledged technical expert and be responsible for the resolution of high complexity and high exposure claims. The position will have significant responsibility for decision making and work autonomously within their authority. Responsibilities: Handle Public Company D&O and Financial Institution D&O and E&O claims of moderate to high complexity under limited supervision. Investigate and analyze coverage under primary and excess 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. Conducts, coordinates, and directs investigation into loss facts and extent of damages Evaluates 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 Participates in mediations Requirements: Minimum of 5-10 years of executive/management liability claims or litigation experience required. 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 management liability and executive liability policies and excess 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 coverage investigations. Insurance coverage litigation experience a plus. Ability to manage complex litigation, set loss and expense reserves, and evaluate settlement values. Work collaboratively as team player willing to assist within the unit and Claims Division as needed. Travel required as necessary (approximately 20%). Please note: Markel has a phased approach for re-entry into our buildings that is designed to balance the ongoing health, safety, and well-being of our employees with operational considerations and regulatory/ governmental requirements and recommendations. Effective 10/1/21 we have implemented a hybrid return to work strategy that allows for three days in the office every week. Work location is flexible if approved by the Company, except that position may not be performed in Colorado. “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.