A Specialist Approach
Lead Claims Advocate
Location
United States
Posted
2 days ago
Salary
$90K - $150K / year
Seniority
Senior
Job Description
Lead Claims Advocate
Risk Strategies Company
• Lead the handling of complex and high-severity claims involving Directors & Officers (D&O) Liability, Employment Practices Liability (EPL), Fiduciary Liability, Crime/Fidelity, Professional Liability / Errors & Omissions (E&O), Cyber. • Review claim notices, demand letters, subpoenas, regulatory investigations, and lawsuits to identify potential insurance coverage. • Report new matters under all applicable policies and assist clients with preservation of insurance rights. • Develop and execute claim strategies designed to maximize policyholder recovery. • Coordinate and manage communications among clients, insurers, defense counsel, coverage counsel, forensic firms, and other claim stakeholders. • Monitor insurer investigations, coverage positions, and claim handling activities to ensure timely and fair claim resolution. • Negotiate coverage disputes, defense cost advancements, settlements, and allocation issues with insurers. • Analyze policy language, endorsements, exclusions, and program structures to identify coverage opportunities and potential gaps. • Provide technical coverage analysis and guidance regarding management liability, professional liability, and cyber insurance policies. • Support policy placement teams by identifying claim trends and recommending enhancements to policy language and program structure. • Serve as a primary claims contact for assigned clients and broker teams. • Build and maintain trusted relationships with risk managers, general counsel, executives, finance leaders, and other client stakeholders. • Conduct claim reviews, stewardship meetings, and claim trend analyses for clients. • Provide proactive updates regarding claim developments, emerging exposures, and market trends. • Support new business opportunities by participating in client presentations, RFP responses, and prospect meetings.
Job Requirements
- Bachelor's degree required; insurance certification preferred (e.g., CPCU, AIC)
- JD preferred
- 5-10 years of specialty claims handling experience
- Strong coverage interpretation and litigation management skills
- Strong knowledge of D&O, EPL, Fiduciary, Crime, E&O and Cyber insurance products
- Strong client-facing and relationship management abilities
- Excellent analytical and communication skills.
Benefits
- Health insurance
- 401(k) matching
- Paid time off
- Professional development opportunities
- Remote work options
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