Management Liability Senior Claims Specialist

IAT Insurance Group has an immediate opening for a Management Liability Senior Claims Specialist that can be located in any of our IAT locations. This role works a hybrid schedule that requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely. While we prefer candidates to work from one of our IAT office locations, we are open to considering fully remote arrangements for the ideal candidate. Responsibilities Responsible for handling Management Liability Claims (EPL, D&O, Fiduciary and Crime) for Private and Non-Profit businesses based on Claim Guidelines Within authority limit, thoroughly analyze, investigate, negotiate and resolve all levels of severity claims Selects, directs and manages defense counsel including approval of budgets Develops litigation/file disposition strategy. Attends mediations, settlement conferences and trials Verifies/analyzes applicable coverage for the reported claims Follow operational policies and procedures, including compliance, regulatory and performance and customer service standards Prepare reports, including Large Loss Reports, to management which accurately reflects loss development, potential/actual financial exposure, coverage issues, claim and recovery strategies Establishes 24-hour contact and maintains appropriate contact with all involved stakeholders throughout the life of the claim file Identifies and addresses recovery/contribution/SIU opportunities Sets accurate/timely loss/expense reserves in compliance with Claim Guidelines Drafts correspondence, including but not limited to, coverage letters to stakeholders as required Support business partners on an as-needed basis on various claim and underwriting related issues and marketing meetings Maintains resident/nonresident adjuster licenses as required Performs other duties as assigned Qualifications Bachelor’s Degree with 8+ years of management liability claims experience (including handling employment liability practices, directors & officers’ liability and fiduciary liability coverages) In lieu of a Bachelor’s Degree with 8+ years of management liability claims, a high school diploma/GED with 12+ years of relevant litigation claims experience will be considered Excellent coverage analysis skills with experience in drafting coverage position correspondence Experience handling litigated files and direction of defense counsel Excellent negotiation skills Must be willing to travel, average 1 day a month Claims Licensure as required by respective state(s) Excellent oral and written communication skills Ability to organize, multi-task and prioritize work Excellent customer service and interpersonal skills Ability to analyze data, utilize sound judgment to draw conclusion and make supported decisions To qualify, applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify. Compensation and Benefits Annual gross salary range: $60,600 – $120,000. Actual salaries will vary based on factors such as a candidate\'s qualifications, skills, competencies, and geographical location related to this role. Total compensation includes a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more. To view details of our full benefits, please visit IAT Insurance Group is a large private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® defines IAT; we work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. We offer a comprehensive benefits package and an open, supportive culture. Our employees drive innovation, stable partnerships and growth, and we continue to build an engaging workplace culture to attract and retain the best talent. We offer comprehensive benefits like: 26 PTO days (Entry Level) + 12 Company Holidays = 38 paid days off 7% 401(k) Company Match and additional Profit Sharing Hybrid work environment Numerous training and development opportunities Healthcare and Wellness Programs Opportunity to earn performance-based bonuses College Loan Assistance Support Plan Educational Assistance Program Mentorship Program Dress for Your Day Policy All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify. #J-18808-Ljbffr