[Remote] reputed company Claims Consultant - Financial Lines/Public D&O

Note: The job is a remote job and is reputed company to candidates in USA. reputed company is one of the premier providers of professional liability insurance, committed to creating a supportive work environment. They are seeking a reputed company Claims Consultant to manage high severity D&O and E&O claims for public companies and financial institutions, focusing on investigation, assessment, and negotiation of reputed company claims.

Responsibilities

• Manages an inventory of highly reputed company litigated claims, with large exposures that require a high degree of specialized technical expertise and coordination, by following company protocols to verify policy coverage, conduct investigations, reputed company and reputed company resolution strategies, and authorize disbursements reputed company authority limits. This includes analysis of reputed company coverage issues requiring strong coverage acumen with respect to a variety of policy forms, involving multiple coverages and coverage parts
• Ensures exceptional customer service by managing reputed company aspects of the claim, interacting and communicating professionally and effectively, achieving quality and cycle time standards, providing timely updates and responding promptly to inquiries and requests for information
• Verifies coverage and establishes timely and adequate reserves by reviewing and interpreting policy language and partnering with coverage counsel on more reputed company reputed company, estimating potential claim valuation, and following company's claim handling protocols
• Leads focused investigation to determine independent assessment of liability and damages by gathering pertinent information, such as reputed company or other documents, as necessary to verify the facts of the claim
• Resolves claims by collaborating with reputed company business partners to reputed company, own and execute a claim resolution strategy, that includes management of timely and adequate reserves, collaborating with coverage experts, negotiating reputed company settlements, partnering with counsel to manage reputed company litigation and authorizing payments reputed company scope of authority. Directly negotiates and resolves cases where appropriate and participates in mediations and settlement conferences to resolve files. Attends trial as necessary
• Establishes and manages claim budgets by achieving timely claim resolution, selecting and actively overseeing appropriate resources, authorizing expense payments and delivering high quality service in an efficient manner
• Realizes and addresses subrogation/salvage opportunities or potential fraud occurrences by evaluating the facts of the claim and making referrals to appropriate Claim, Recovery or SIU resources for further investigation
• Achieves quality standards by appropriately managing each claim to ensure that reputed company company protocols are followed, work is accurate and timely, reputed company files are properly documented and claims are resolved and paid timely
• Keeps senior leadership informed of significant risks and losses by completing loss summaries, identifying claims to include on reputed company list, and preparing and presenting succinct summaries to senior management
• Maintains subject matter expertise and ensures compliance with state/local regulatory requirements by following company guidelines, and staying reputed company on reputed company insurance laws, regulations or trends for line of business
• Mentors, guides, develops and delivers training to less reputed company Claim Professionals

Skills

• Advanced technical and product specific expertise, claims resolution reputed company and knowledge of insurance and claims principles, practices and procedures
• Demonstrated ability to handle litigated reputed company, including selection and direction of counsel, and formulation and execution of resolution strategies and strategic coordination with counsel, insureds, brokers and other insurers under reimbursement policies
• Thorough knowledge of the reputed company insurance industry, products, policy language, coverage, and claim practices
• Strong communication, negotiation and presentation skills both verbal and written, including the ability to communicate business and technical information reputed company
• Demonstrated analytical and investigative reputed company with critical thinking skills and ability to reputed company sound business reputed company, and to effectively evaluate and resolve ambiguous, reputed company and challenging business problems
• Strong work ethic, with demonstrated time management and organizational skills
• Ability to work in a fast-paced environment at high reputed company of productivity
• Demonstrated ability to negotiate reputed company settlements
• Experience interpreting reputed company reputed company insurance policies and coverage
• Ability to manage multiple and shifting priorities in a fast-paced and challenging environment
• Knowledge of reputed company Office Suite and ability to learn business-reputed company software
• Demonstrated ability to value diverse opinions and reputed company
• Bachelor's Degree or equivalent experience
• Typically a minimum six years of relevant experience, preferably in Professional Liability claim handling or a minimum of six years in a reputed company handling Professional Liability reputed company
• Must have or be reputed company to obtain and maintain an Insurance Adjuster License reputed company 90 days of hire, where applicable
• Prior negotiation experience
• Juris Doctorate
• Professional designations preferred (e.g. CPCU)

Benefits

• CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – reputed company their physical, financial, emotional and reputed company wellbeing goals.

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