Hybrid Senior Complex Claims Specialist – MPL

Posted 4 days ago

Apply now

About the role

  • Responsible for the handling of Miscellaneous Professional Liability claims for the organization from inception to resolution.
  • Involves the negotiation and settlement of mid to high severity Miscellaneous Professional Liability insurance claims.
  • May be responsible for single or multi-country claims and will be responsible for all aspects of the claims, including liaise with external and internal business partners (e.g., outside experts and/or or legal counsel; underwriting) as required.
  • Adjudicates assigned claims within given authority and provides operational support to the claims team.
  • With minimal supervision, adjusts to resolution the highest severity claims and drafts the most complex technical coverage analysis and letters required in the given claim department.
  • Acts as subject matter expert within the team.
  • Leads litigation best practices and strategy including attending and leading trials and mediations.
  • Uses superior knowledge and experience to affect positive claim outcome via investigation, negotiation and utilization of alternative dispute resolutions.
  • Identifies and provides potential solutions for emerging exposures and claims trends.
  • Identifies suspected fraudulent claims and tracks with special investigations unit.
  • Accurately documents claim files with all relevant claim documentation, correspondence and notes in compliance with company policies and applicable regulatory authorities.
  • Mentors other team members.
  • Develops content and conducts training for claims team and underwriters as requested.
  • Reviews and analyses claim documentation and legal filings.

Requirements

  • 10+ years of claims handling experience.
  • A JD from an ABA accredited law school may be considered as a supplement to claims handling experience
  • Proven ability to positively affect highest severity claims outcomes through investigation, negotiation and effectively leading litigation
  • Expert knowledge of coverage within the team’s specialty or focus
  • Expert knowledge of litigation process and negotiation skills
  • Proven track record of mentoring others
  • Excellent verbal and written communication skills
  • Advanced analytical skills
  • B.A./B.S degree from an accredited College or University preferred
  • Adjuster licensing is required or ability to obtain within 90 days of employment

Benefits

  • 401(k) with competitive company matching
  • Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
  • Company paid group term life, short- term disability and long-term disability coverage
  • 24 Paid time off days plus 2 Hiscox days, 10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days
  • Paid parental leave
  • 4-week paid sabbatical after every 5 years of service
  • Financial Adoption Assistance and Medical Travel Reimbursement Programs
  • Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
  • Company paid subscription to Headspace to support employees’ mental health and wellbeing
  • 2023 Gold level recipient of Cigna’s Healthy Workforce Designation for having a best-in-class health and wellness program
  • Dynamic, creative and values-driven culture
  • Modern and open office spaces, complimentary drinks
  • Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation

Job title

Senior Complex Claims Specialist – MPL

Job type

Experience level

Senior

Salary

$150,000 - $162,000 per year

Degree requirement

Bachelor's Degree

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job