Attorney in New York City, NY

In-House

New York City, NY

Attorney in New York City, NY

Non-practicing Attorney

Min 7 yrs required

No

Job Title

Complex Claim Specialist - Financial Institutions

Job Responsibilities

The Complex Claim Specialist will support the Financial Institutions claim team by undertaking the following responsibilities:

- Recognize exposures and ensure reserving is appropriate and timely.
- Evaluate coverage issues and identify risk transfer opportunities.
- Conduct a thorough and independent investigation using available resources such as internet tools, PACER, and expert consultations to fill any gaps in understanding.
- Manage litigation through proper selection, planning, budgeting, and partnership with legal counsel.
- Demonstrate strong negotiation skills to achieve favorable outcomes.
- Communicate exposures effectively both internally within the company and externally with relevant parties.
- Formulate and implement proper resolution strategies to ensure the best claim outcomes.
- Travel periodically to attend mediations, trials, and other related meetings.
- Perform other duties as assigned by the line of business executive.

Education and Experience Information

Candidates should have the following qualifications:

- A minimum of 7+ years of experience in handling professional liability claims.
- Proficient computer skills necessary to navigate the company's paperless claim file system.
- Possess a high level of technical claim skills and legal knowledge.
- Excellent communication skills, both written and oral.
- Ability to adapt easily to changing situations, requirements, and priorities.
- Capable of effectively influencing others without damaging relationships.
- Skilled negotiator with good time management abilities.
- Ability to work efficiently in a fast-paced environment.
- JD, CPCU, or RPLU designation is preferred.

Salary Information

While specific salary details are not provided, AmTrust Financial Services offers a competitive compensation package. Additionally, the company provides excellent career advancement opportunities and a range of benefits, including:

- Medical and dental plans
- Life insurance, applicable to eligible spouses and children
- Health care flexible spending accounts
- Dependent care accounts
- 401k savings plans
- Paid time off

Company Culture and Values

AmTrust Financial Services is committed to creating a diverse and inclusive culture where the thoughts and ideas of all employees are valued and respected. The company embraces human differences regarding race, ethnicity, gender, sexual orientation, culture, religion, or disabilities. AmTrust values excellence and recognizes that embracing diverse backgrounds, skills, and perspectives is crucial for maintaining a competitive advantage and remaining an employer of choice. Diversity is considered a business imperative, and it is an integral part of the company's identity, operations, and future vision.