Claims Consultant

Location Name IL, Chicago - 550 W Jackson Blvd - 4th Floor
Date Posted
1 month ago(9/14/2021 2:55 PM)
Berkley Select
Primary Location

Company Details



More than any other, insurance is an industry whose foundation is based on trust – to provide peace of mind.


So it is essential that, above all, Berkley Select is a company defined by the attributes that engender trust and confidence among our brokers and agents, and their clients.  We are a leading provider of professional liability insurance products across a full spectrum of disciplines and industries, for clients of virtually every size and level of complexity.


As a Berkley company, we enjoy operational flexibility that allows us to deliver quality coverage solutions. Berkley Select clients have access to a creative team of dedicated underwriters and the resources of W. R. Berkley Corporation. All member insurance companies are rated A+ (Superior) by A.M. Best Company, and A+ (Strong) by Standards & Poor’s.


Responsible for the handling, oversight and overall management of complex professional liability claims, primarily Management Liability (D&O/EPL).   Experience with Lawyers Professional Liability and Accountants Professional Liability a plus. Recognized as a technical expert in the interpretation of complex or unusual claims-made policy coverages. Under limited management direction, will analyze, coordinate, direct and resolve claims within assigned limits of authority.

  • Manages complex investigations of professional liability claims including coverage issues, liability, compensability and damages. Determines if a major claim should be settled or litigated and implements an appropriate resolution strategy accordingly. Effectively manages loss costs and claim expenses.
  • Manages all types of investigative activity or litigation on professional liability claims, including the posting of appropriate reserves in a timely manner. Coordinates discovery and litigation strategy with panel attorneys and/or counsel retained by the insured.
  • Negotiates settlement packages, and authorizes payment within scope of authority, settling claims in the most cost effective manner and ensuring timely issuance of disbursements.
  • Makes recommendations on claims processes and resolution strategies to management.
  • Analyzes claim activities; prepares and presents reports to management and other internal business partners and clients.
  • Works with attorneys, account representatives, agents, and insureds regarding the handling and/or disposition of highly complex claims.
  • Provides guidance and assistance to less experienced claims staff and other functional areas.
  • Interaction and consultation with business partners including underwriting, agents and management regarding industry activity and trends.
  • Coordinate payment of attorney/vendor claim expenses and fees in a timely manner.
  • Adheres to all claims practices and guidelines for Berkley Select


  • Senior associate level experience as insurance defense or coverage counsel preferred.  Or, at least 8 years professional liability claims experience, with a strong background in Director and Officer and/or other claims made, professional liability lines such as management liability a plus.
  • Technical and product specific expertise, claims resolution skill and knowledge of insurance claims principles, practices and procedures. Strong background in fully comprehending complex claim facts and issues, implementing strategies with a proactive long term view of business goals and objectives and evaluating claims based on a cost benefit analysis. Creativity in resolving unique and challenging business problems.
  • Strong skills needed in communications, negotiation and presentation skills. Advanced analytical and problem solving skills.  Prioritization and organization of multiple projects.  Effectively manage ambiguous situations, issues and adapt to change.  Strong interpersonal and team participation skills.

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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