Skyward Specialty Insurance logo
Skyward Specialty Insurance

We spark potential by smartly shifting risk to a safer place.

Senior Claims Adjuster, Professional Liability

Claims SpecialistClaims SpecialistFull TimeRemoteSeniorTeam 501-1,000Since 2007H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

2 days ago

Salary

$110K - $140K / year

Seniority

Senior

Bachelor Degree5 yrs expEnglish

Job Description

Senior Claims Adjuster, Professional Liability

Skyward Specialty Insurance

• Handle claims nationwide reported under primary and excess Miscellaneous Professional E&O, including coverage analysis, investigation, liability and potential exposure analysis, and the development and implementation of resolution strategies. • Effectively and promptly communicate with insureds, agents, brokers and underwriters regarding claim status and handling. • Analyze coverage and prepare coverage letters on complex matters with the guidance of in-house coverage counsel. • Manage claims in litigation, including strategizing with defense counsel and experts on defending such. • Set timely and accurate indemnity and expense reserves and reevaluate/update reserves appropriately based upon claim development. • Negotiate settlements and attend mediations, arbitrations and trials as appropriate. • Manage and control Loss Adjusting Expenses incurred by counsel, experts and vendors. • Present, analyze and make recommendations on reserves, coverage and strategy. • Comply with state guidelines for Good Faith Claims Handling. • Prepare required Large Loss Reports and Trial Alerts. • Participate in professional liability industry organizations and instructional seminars for CE and CLE credits. • Effectively communicate and interact with all internal and external stakeholders to promote a professional and positive business environment so that Skyward’s goals and objectives are being achieved. • Other duties as may be required due to change, growth, and continuous improvement.

Job Requirements

  • 5+ plus years of claims experience as an adjuster in Professional Liability, Miscellaneous E&O, Allied Health, Architects and Engineers policies and/or professional liability insurance defense or coverage at a law firm
  • A candidate with a JD is preferred, but not required
  • Superior written and verbal communication skills
  • Experience in effectively managing a high-volume workload of primary and excess professional liability claims
  • Highly organized and efficient in a fast-paced multi-tasked environment; able to prioritize effectively to accomplish objectives with creativity and enthusiasm, and with minimal supervision
  • Has demonstrated high level of understanding of individual state and civil laws, claims practices and regulatory requirements
  • Proven ability to handle litigated files in multiple jurisdictions
  • Proven ability to direct and maintain a high level of claims management performance, quality, and compliance
  • Proven ability to analyze coverage and draft coverage letters on complex matters
  • Strong analytical and organizational skills
  • Excellent influencing and negotiation skills; proven ability to collaborate and build relationships across teams’ stakeholders and providers
  • Experience attending and participating in ADR’s/Mediations leading to successful and timely claim resolutions
  • Flexibility to travel periodically
  • Exercises initiative, demonstrates accountability, adaptability, service motivation, respects the differences of others, and accepts personal responsibility.

Benefits

  • health and welfare benefits
  • tuition and professional certification assistance
  • 401k savings
  • elective participation in the Employee Stock Purchase Program
  • paid time off
  • paid holidays
  • child bonding leave
  • other employee assistance programs

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