Professional Liability Senior Claims Specialist

Title: Professional Liability Senior Claims Specialist Company: Everest Insurance Company Job Category: Claims Job Description: About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world. Job Description: The ideal candidate should possess the ability to handle complex Primary and Excess Professional Liability claims. More particularly, the ideal candidate will be able to analyze insurance coverage issues and resolve claims according to certain Best Practices and within stated authority limits relative to the E&O Segment across diverse industries. This is a hybrid position based working 3 days onsite, 2 remote in either our Warren, NJ, Stamford, CT or New York City office. Responsibilities include but not limited to: Reviewing and analyzing complex coverage issues and preparing coverage positions letters Investigating, analyzing, and evaluating liability and damages Managing and directing outside counsel; reviewing & approving legal budgets and fee statements Preparing Large Claim Reports related to matters of significant reserve and trial activity Timely and appropriately setting case reserves Developing and executing negotiation and resolution strategies Monitoring and attending trials, mediations and settlement conferences Engaging with underwriting supporting policy construction and drafting, reporting claim trends, data analysis and risk assessment Extensive communications with insureds, brokers, reinsurers and other business contacts Attending client meetings and industry functions to support retention and development of client relationships and business. Qualifications, Education & Experience: The ideal candidate will have 3-5 years of Professional Liability claims experience along with following: Strong oral and written communication skills Strong analytical and organizational skills; Strong negotiation and investigation skills. Excellent interpersonal skills Ability to evaluate coverage involving a wide variety of loss scenarios and ability to think strategically In-depth knowledge of the litigation, arbitration, and trial process Currently holds or can readily obtain all required adjuster licenses. Knowledge of insurance industry, claims and the insurance legal and regulatory environment Ability to identify and use relevant data and metrics to best manage claims; Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal department efficiency Ability to and willingness to present to senior management and other stakeholders Ability to resolve complex disputed claims; J.D. (currently licensed) / experience practicing law preferred Travel: Approximately 0-20%, depending on business needs. The base salary range for this position is $130,000 - $160,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). #LI-KG1 #LI-Hybrid What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process. Our Culture At E