Attorney in Richmond, VA

In-House

Richmond, VA

Attorney in Richmond, VA

Non-practicing Attorney

5-10 yrs required

No

Job Title: Senior Claims Examiner, Miscellaneous Professional Liability

Job Responsibilities:
- Investigate, negotiate, and settle complex primary and excess policy miscellaneous professional liability claims, including those made against various professionals such as real estate brokers/agents, title agents, escrow agents, accountants, insurance agents and brokers, home inspectors, information technology consultants, debt collectors, medical billing consultants, and utility inspectors.
- Investigate and analyze coverage under primary and excess professional liability insurance policies; make coverage determinations; draft routine and complex coverage correspondence; effectively communicate coverage positions to policyholders and other stakeholders.
- Manage claims involving coverage litigation and litigation filed nationwide against insureds; appoint, direct, and manage defense counsel; work toward expeditious and economical resolution of claims.
- Assist company claims vendor management, disbursement, and legal collections teams with defense counsel, bill payment, and collection issues.
- Communicate with underwriting as needed to manage claims and alert of any significant developments.
- Communicate promptly with Claims Manager on adverse case developments and provide information on pertinent issues affecting the miscellaneous professional liability product line.
- Analyze and convey summations of complex issues; recognize alternative approaches and develop action plans both orally and in written form.
- Maintain adherence to company guidelines and procedures.
- Ensure proper adherence to internal reporting requirements.
- Contribute to and assist in the implementation of a wide range of initiatives, discussions, and action plans brought forth by the Claims Manager.
- Participate in agent-related functions and meetings as required.
- Actively participate in the ongoing training and development of claims examiners as indicated by the Claims Manager.

Education and Experience Information:
- 5-10+ years of professional liability claims or litigation experience required; excess liability (quota share, first layer, and high layer) 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 professional 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 is a plus.
- Ability to manage complex litigation, set loss and expense reserves, and evaluate settlement values.
- Work collaboratively and as a 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 10%).

Salary Information:
- The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.
- The salary for the position is $73,600 to $122,600 with a 15% bonus potential.

Additional Information:
- Company offers hybrid working schedules of 3 days in the office and 2 days remote.
- US Work Authorization required; company does not provide visa sponsorship for this position.
- Company is an equal opportunity employer and does not discriminate based on any protected characteristic.
- Legitimate job postings will be posted on company Careers, and communications with recruiters will come from email addresses.
- Employment scams are prevalent, and candidates should report any related scams to the company's recruiting email.