Utica National Insurance Group ยท 1 day ago
Senior Error & Omissions Claims Specialist (E&O and EPLI claims)
Hartford, NY
Full-time
Onsite
Mid, Senior Level
$100K/yr - $140K/yr
4+ years expUtica National Insurance Group is an award-winning property & casualty insurance carrier with a commitment to security and respect for its employees. The Senior Error & Omissions Claims Specialist will investigate, evaluate, negotiate, and resolve E&O and EPLI claims across multiple states, requiring a strong understanding of state laws and claims handling acumen.
Insurance
Responsibilities
Duties require the ability to deal with complex issues involving large exposures in a multi state environment
Initiate investigations, conduct direct handling of Errors and Omissions and Employment Practices Liability claims. Assign and direct attorneys and adjusters
Analyze coverage and legal issues. Evaluate liability and damages both in the claim against the insured and in the underlying loss that precipitated the claim
Establish timely, realistic reserves and settlement values
Prepare file and other department or company mandated reports. Issue reservation of rights letters, excess advice letters and recommend disclaimers or voidance
Negotiate settlements, maintain a current knowledge of applicable state law and court decisions. Interface with the Underwriters, H. O. Claim staff, insureds, claimants, attorneys and adjusters. Communicate developments in assigned states to staff via Supervisor/Manager
Performs other duties as assigned
Conforms with all corporate policies and procedures
Qualification
Required
Four year degree or JD preferred; or equivalent experience
Required to obtain your license(s) as an adjuster in the state(s) in which you are assigned to adjust claims. Licensing must be obtained within the timeframe set forth by the Company and must be maintained as needed throughout your employment
Preferred
4-8 years of claims experience demonstrating expertise in underlying coverages preferred
Broad background in litigated matters preferred
Benefits
Medical and Prescription Drug Benefit
Dental Benefit
Vision Benefit
Life Insurance and Disability Benefits
401(k) Profit Sharing and Investment Plan (Includes annual Company financial contribution and discretionary Profit Sharing contribution based upon annual company financial results)
Health Savings Account (HSA)
Flexible Spending Accounts
Tuition Assistance, Training, and Professional Designations
Company-Paid Family Leave
Adoption/Surrogacy Assistance Benefit
Voluntary Benefits - Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance
Student Loan Refinancing Services
Care.com Membership with Back-up Care, Senior Solutions
Business Travel Accident Insurance
Matching Gifts program
Paid Volunteer Day
Employee Referral Award Program
Wellness programs
Company
Utica National Insurance Group
Utica National Insurance Group is a Top 100, nationally recognized insurer providing personal and commercial insurance products and services, with the second-largest errors and omissions business in the United States.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Kristen Martin
President and Chief Operating Officer
John Eckmair
Senior Vice President, Chief Underwriting Officer
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