Subrogation Specialist, Sr. jobs in Richmond, VA

Company Details

Verus Specialty Insurance is an Excess and Surplus Lines provider writing business countrywide, a member of W.R. Berkley Corporate (NYSE: WRB), one of the largest property casualty insurance holding companies in the United States.  The resources and strength of a Fortune 500 company back us and we operate with the flexibility and closeness of a small underwriting company.  As such, Verus Specialty Insurance operates through a group of wholesale producers nationwide.  

Our leadership encourages a culture that empowers employees to question the status quo and seek innovative ways to continue to exceed the expectations of our customers. We believe our strength comes from building an exceptional team that embraces collaboration, growth and ownership. If you share our vision and want to work for an organization that values your contributions, we want to hear from you!

The Company is an equal employment opportunity employer.

https://www.verusins.com/

Responsibilities

The Senior Claims Litigiation Specialist provides the highest level of specialized technical claim handling for the most serious, complex, and highly valued claim for an excess and surplus lines writer. Position requires experience in handling Commercial General Liability as well as Garage and Professional Liability claims with a focus on Legal Malpractice matters.   Provides technical advice to associates and other functional areas such as, defense counsel, independents, support, and less-experienced technical staff.  An ability to communicate both verbally and in written form in a prompt, courteous and professional manner is essential.

• Analyzing liability and damage issues in connection with claims made against our insureds and maintaining appropriate documentation;
• Analyzing insurance coverage issues and drafting coverage positional letters reflecting same;
• Retaining and supervising outside counsel in the defense of our insureds in an effort to effectively resolve claims;
• Evaluating full diary of pending matters in connection with the posting and maintaining of accurate reserves;
• Maintaining and developing relationships with insureds, brokers and outside counsel;
• Providing support and information to underwriters in connection with their evaluation of risk on particular accounts.
• Composes and transmits in a regular and timely basis frequent Large Loss Reports and other detailed reporting documents as appropriate.
• Manages and monitors file caseload through the use of various resources.
• Maintaining and developing relationships with insureds, brokers and outside counsel;
• Providing support and information to underwriters in connection with their evaluation of risk on particular accounts

Qualifications

• Full knowledge of insurance contracts, investigation techniques, legal requirements and insurance regulation
• Minimum 10 years of experience handling Commercial General Liability and Professional Liability Claims
• An aptitude for evaluating, analyzing, and interpreting contracts and other complex information
• Excellent verbal and written communication skills
• Must have intermediate knowledge of computer programs in a Windows environment, including Word, Excel and E-mail.
• Current Claims Adjuster licenses in one or more states preferred but must be willing to obtain additional state licensures.
• 4 - year degree plus and/or applicable insurance claims experience as noted above

Additional Company Details

Sponsorship Details