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TransRe · 5 days ago

Complex Claims Examiner

New York, NY

Full-time

Hybrid

Mid, Senior Level

$140K/yr - $180K/yr

TransRe is a subsidiary of Berkshire Hathaway, and they are seeking an experienced Complex Claims Examiner to join their FAIRCO team in New York City. The role involves managing Professional & Management Liability claims and collaborating with various stakeholders to ensure effective claims resolution.

InsuranceService Industry

Comp. & Benefits

Responsibilities

Managing and adjusting primary and excess Professional & Management Liability claims, including private and public company, Directors and Officers, lawyers liability, accountants liability, financial institutions, cyber, employment practices and miscellaneous professional liability

Proactively handling claims throughout the entire claim lifecycle from inception to resolution

Analyzing policy coverage and drafting coverage analyses based on contract terms and claim details

Evaluating liability and damages to determine the level of exposure to the insured and the policy

Directing and closely monitoring assignments to defense counsel and experts in accordance with relevant guidelines

Collaborating with underwriters, brokers, program partners, and insureds to ensure seamless claims resolution

Traveling to and attending claims mediations, as required

Developing and implementing claims handling strategies to mitigate risk and reduce claim expenses

Qualification

Professional & Management LiabilityClaims handling strategiesEvaluating coverageJuris DoctorateMediation experienceLegal spend managementClaims investigationsTravel willingnessNegotiation skills

Required

Extensive experience litigating or handling issues pertaining to complex Professional & Management Liability issues, with a focus on Directors and Officers coverage

Experience leading mediations for Professional & Management Liability claims

Experience evaluating coverage under various types of policies, drafting coverage correspondence, and participating in claims investigations

Track record of effectively managing defense counsel and legal spend, assessing liability and financial exposure, and effectively negotiating cost effective, good faith claims resolutions

Willingness to travel up to 25% of the time for mediations, industry conferences, and client meetings

Possession of, or willingness to obtain, a New York and other state adjuster's licenses