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Claims Examiner, Executive Liability

$62.4k - $107.25k

Markel Service Inc.

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! This position will be responsible for the resolution of claims of average complexity and low to mid exposure claims. Responsibilities: Investigate, monitor, negotiate and settle excess matters involving Directors & Officers and Financial Institutions liability claims, from inception through conclusion. Assess and evaluate coverage under Directors & Officers and Financial Institutions insurance policies; make coverage determinations; draft routine and complex coverage correspondence; effectively communicate coverage positions to policyholders, brokers, and other stakeholders; manage claims involving coverage litigation. Oversee and monitor litigation filed nationwide against insureds; proactively work with Insureds and Brokers toward an economical resolution of claims. Communicate with underwriting as needed to manage claims and to alert of any significant developments. Promptly communicate with Claims leadership on adverse case developments and provide information on pertinent issues affecting the Director & Officers and Financial Institutions product lines. Analyze and convey summations of coverage and legal issues; recognize alternative approaches and develop action plans, both orally and in written form. Maintain and adhere to Markel’s guidelines and procedures. Ensure proper adherence to internal reporting requirements. Contribute and assist in the implementation of a wide range of initiatives, discussion and action plans brought forth by the Claims leadership. Actively participate in the ongoing training and development of the claims examiners as indicated by Claims leadership. Requirements: Directors & Officers, Financial Institutions, and/or Excess Professional Liability claims or litigation experience is a plus. College degree and/or professional designation required; JD preferred. Excellent written and oral communication skills. Sound comprehension of insurance coverage posed by Directors & Officers, Financial Institutions, and excess liability policies. Ability to analyze and convey summations of complex issues both verbally and in writing; recognize alternative approaches and develop action plans. Experience in determining contractual obligations, insurance coverage analyses, and investigations. Insurance coverage litigation experience a plus. Ability to manage complex litigation, set loss and expense reserves, and evaluate settlement values. Participate in Insured and Broker related functions and meetings as required. Proven ability to work collaboratively and as team player willing to assist within the Unit and Professional Liability Division as needed. Ability to proactively self-manage a caseload. Travel required as necessary (approximately 20%). US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. Pay information: The salary range for this position is $62,400 - $107,250. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan. Who we are: Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We’re all about people | We win together | We strive for better We enjoy the everyday | We think further What’s in it for you: All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave. Are you ready to play your part? No agencies please. Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law. #J-18808-Ljbffr Markel Service Inc.

Vacancy posted 2 days ago
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