Berkley

Sr. Claims Litigation Specialist

Location Name VA, Glen Allen - 4820 Lake Brook - Suite 300
ID
2021-5671
Date Posted
2 months ago(11/11/2021 8:43 PM)
Company
Verus Specialty Insurance
Primary Location
US-VA-Glen Allen
Category
Claims

Company Details

Verus_Specialty_Insurance_landscape


Verus Specialty Insurance is an Excess and Surplus Lines provider writing business countrywide. VVerus Specialty Insurance operates through a group of wholesale producers nationwide. Additionally, our policyholders can be reassured that their insurance investment is sound, as we are backed by the resources of a Fortune 500 company, W. R. Berkley Corporation. Successful candidates will exhibit strategic thinking, creativity, and pragmatic execution to drive results.

Responsibilities

This position 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 with focus on Construction Defect matters, as well as Professional and Garage claims. 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.

 

  • Analyzes liability and damage issues in connection with claims made against our insureds and maintaining appropriate documentation.
  • Analyzes and interpret policy language in conjunction with specific loss facts to reach appropriate coverage decisions.
  • Drafts frequent and complex coverage correspondence, including reservation of rights and coverage disclaimers in compliance with various state statutes and regulations.
  • Proactively manages primarily litigated claim files from inception to closure, including identification and investigation of coverage, liability and damage issues, determination and efficient execution of an appropriate plan of action, and prompt, economical file resolution, in compliance with Department guidelines and best practices.
  • 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.
  • Appropriately and clearly documents all claim file activity, including current strategy, plan of action and exit plan in file notes.
  • Consistently demonstrates comprehensive coverage analysis, investigation, evaluation and negotiation skills at an advanced level.
  • 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.
  • 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.
  • Experience in handling Construction Defect claims.
  • 4-year degree plus insurance claims experience, or 10+ years of experience handling Excess & Surplus Claims.

Additional Company Details

The Company is an equal employment opportunity employer.

Additional Requirements

COVID-19 vaccine required unless prohibited by law.

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