Berkley Select (a Berkley Company)
Claims Consultant LPL
Berkley Select (a Berkley Company), Chicago, Illinois, United States, 60290
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Claims Consultant LPL
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Berkley Select (a Berkley Company) 1 day ago Be among the first 25 applicants Join to apply for the
Claims Consultant LPL
role at
Berkley Select (a Berkley Company) Get AI-powered advice on this job and more exclusive features. Company Details
Berkley Select delivers professional liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations. Company Details
Berkley Select delivers professional liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations.
As a Berkley company, Berkley Select is staffed with a team of experts with a specific focus on Professional Liability. Berkley Select utilizes individual risk underwriting, loss control, and claims practices to provide superior products and services to its customers.
Berkley Select is a Berkley Company. W. R. Berkley, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB).
Company URL: https://www.berkleyselect.com
The company is an equal employment opportunity employer.
Responsibilities
This position is responsible for the handling, oversight and overall management of professional liability claims, with a focus on lawyer and accountant liability. Individual should be a technical expert in the interpretation of complex or unusual claims-made and reported policy coverages. Under limited management direction, will analyze, coordinate and resolve claims within assigned limits of broad authority. Individual should have strong writing skills.
Manages complex investigations of professional liability claims including identifying insurance coverage issues, liability, compensability and damages. Determines if a claim should be settled or litigated and implements an appropriate resolution strategy accordingly. Effectively manages loss costs and claim expenses. Manages all types of investigative activity or litigation on claims, including the posting of appropriate reserves in a timely manner. Coordinates discovery and litigation strategy with panel attorneys and/or counsel retained by the insured. Negotiates complex settlement packages through mediations and alternative dispute resolution mechanisms. Makes recommendations on claims processes and resolution strategies to management. Drafts concise and well written large loss reports for reporting to senior management. Prepares and presents claims to management and other internal business partners and clients. Strong knowledge of lawyer, accountant malpractice and the process of litigation. Works with attorneys, account representatives, agents, and insureds regarding the handling and/or disposition of highly complex claims. Regular and predictable attendance required.
Qualifications
Juris Doctorate strongly preferred. At least 6 years professional liability claims experience, strong background in accountant and lawyer malpractice claims. Advanced technical and product specific expertise, claims resolution skill and knowledge of insurance claims principles, practices and procedures. Strong background in fully comprehending complex claim facts and issues, implementing strategies with a proactive long-term view of business goals and objectives and evaluating claims based on a cost benefit analysis. Creativity in resolving unique and challenging business problems. Strong skills needed in communications, negotiation and presentation skills. Advanced analytical and problem solving skills. Prioritization and organization of multiple projects. Effectively manage ambiguous situations, issues and adapt to change. Strong interpersonal and team participation skills.
Additional Company Details
The position is based in Chicago; in-office four days per week.
We do not accept any unsolicited resumes from external recruiting firms.
Benefits
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $110,000 - $150,000.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
This role is eligible to participate in the annual discretionary bonus program.
Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
Sponsorship Details
Sponsorship not Offered for this Role Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Financial Services and Insurance Referrals increase your chances of interviewing at Berkley Select (a Berkley Company) by 2x Get notified about new Claims Consultant jobs in
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Claims Consultant LPL
role at
Berkley Select (a Berkley Company) 1 day ago Be among the first 25 applicants Join to apply for the
Claims Consultant LPL
role at
Berkley Select (a Berkley Company) Get AI-powered advice on this job and more exclusive features. Company Details
Berkley Select delivers professional liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations. Company Details
Berkley Select delivers professional liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations.
As a Berkley company, Berkley Select is staffed with a team of experts with a specific focus on Professional Liability. Berkley Select utilizes individual risk underwriting, loss control, and claims practices to provide superior products and services to its customers.
Berkley Select is a Berkley Company. W. R. Berkley, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB).
Company URL: https://www.berkleyselect.com
The company is an equal employment opportunity employer.
Responsibilities
This position is responsible for the handling, oversight and overall management of professional liability claims, with a focus on lawyer and accountant liability. Individual should be a technical expert in the interpretation of complex or unusual claims-made and reported policy coverages. Under limited management direction, will analyze, coordinate and resolve claims within assigned limits of broad authority. Individual should have strong writing skills.
Manages complex investigations of professional liability claims including identifying insurance coverage issues, liability, compensability and damages. Determines if a claim should be settled or litigated and implements an appropriate resolution strategy accordingly. Effectively manages loss costs and claim expenses. Manages all types of investigative activity or litigation on claims, including the posting of appropriate reserves in a timely manner. Coordinates discovery and litigation strategy with panel attorneys and/or counsel retained by the insured. Negotiates complex settlement packages through mediations and alternative dispute resolution mechanisms. Makes recommendations on claims processes and resolution strategies to management. Drafts concise and well written large loss reports for reporting to senior management. Prepares and presents claims to management and other internal business partners and clients. Strong knowledge of lawyer, accountant malpractice and the process of litigation. Works with attorneys, account representatives, agents, and insureds regarding the handling and/or disposition of highly complex claims. Regular and predictable attendance required.
Qualifications
Juris Doctorate strongly preferred. At least 6 years professional liability claims experience, strong background in accountant and lawyer malpractice claims. Advanced technical and product specific expertise, claims resolution skill and knowledge of insurance claims principles, practices and procedures. Strong background in fully comprehending complex claim facts and issues, implementing strategies with a proactive long-term view of business goals and objectives and evaluating claims based on a cost benefit analysis. Creativity in resolving unique and challenging business problems. Strong skills needed in communications, negotiation and presentation skills. Advanced analytical and problem solving skills. Prioritization and organization of multiple projects. Effectively manage ambiguous situations, issues and adapt to change. Strong interpersonal and team participation skills.
Additional Company Details
The position is based in Chicago; in-office four days per week.
We do not accept any unsolicited resumes from external recruiting firms.
Benefits
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $110,000 - $150,000.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
This role is eligible to participate in the annual discretionary bonus program.
Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
Sponsorship Details
Sponsorship not Offered for this Role Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Financial Services and Insurance Referrals increase your chances of interviewing at Berkley Select (a Berkley Company) by 2x Get notified about new Claims Consultant jobs in
Chicago, IL . Chicago, IL $130,000.00-$227,500.00 1 week ago Chicago, IL $104,500.00-$187,500.00 1 week ago Chicago, IL $79,300.00-$134,700.00 2 months ago Rosemont, IL $60,000.00-$80,000.00 3 weeks ago Chicago, IL $104,000.00-$182,000.00 3 days ago Chicago, IL $90,000.00-$125,000.00 1 week ago Senior Claims Specialist, Excess Casualty
Chicago, IL $83,500.00-$145,500.00 6 days ago Chicago, IL $115,100.00-$126,610.00 2 weeks ago Chicago, IL $100,000.00-$140,000.00 1 day ago Senior Claims Examiner, Professional Liability (OPEN TO FULLY REMOTE)
Greater Chicago Area $83,600.00-$125,918.00 19 hours ago South Chicago, IL $100,000.00-$175,000.00 1 week ago Sr. Claims Examiner, Excess Casulty (OPEN TO REMOTE)
Greater Chicago Area $107,900.00-$160,000.00 2 days ago Greater Chicago Area $145,700.00-$160,000.00 3 days ago Manager, Retail Injury & Liability Claims (Team Members & Customers)
Chicago, IL $100,000.00-$125,000.00 1 month ago Downers Grove, IL $59,681.00-$96,123.00 2 weeks ago Schaumburg, IL $100,000.00-$250,000.00 1 month ago Chicago, IL $110,000.00-$130,000.00 4 days ago Chicago, IL $100,000.00-$125,000.00 2 days ago Senior Claim Specialist, Casualty Claims
Chicago, IL $115,000.00-$140,000.00 3 weeks ago Greater Chicago Area $135,600.00-$226,100.00 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr