Senior Complex Claims Specialist - New York Labor Law
Atlanta, Georgia, United States · On-site
Senior+
Company Details Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following market segments: Construction, Specialty Casualty, & Professi…
Moorestown Township, New Jersey, United States · Hybrid
$85k–$95k/yr
Mid level
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Moorestown Township, New Jersey, United States · Hybrid
$55k–$60k/yr
Mid level
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Skills: Administrative Support, Data Entry, Underwriting Support, Policy Issuance, Microsoft Excel
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Skills: Administrative Support, Data Entry, Underwriting Support, Policy Issuance, Microsoft Excel
Moorestown Township, New Jersey, United States · Hybrid
$55k–$60k/yr
Mid level
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Skills: Claims Resolution, Public Liability, Professional Indemnity, Product Liability, Management Liability
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Company Details Fortune 500 Company. Fast growing, dynamic organisation, dedicated to the development of its people. Our organisation is actively committed to Innovation. Team members throughout our business live the Inn…
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Skills: Underwriting, Policy Documentation, Broker Management, Risk Research, Customer Service
Company Details Berkley Embedded Solutions is a member company of W. R. Berkley Corporation, a Fortune 500 organization rated A+ (Superior) by A.M. Best. We are redefining how protection is delivered by embedding insuran…
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West Hartford, Connecticut, United States · On-site
Senior+
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Other
bachelor degree, postgraduate degree, professional certificate
Posted 2d ago
Apply by Jun 26
~40 hrs/week
Responsibilities
The Senior Complex Claims Specialist manages high-exposure litigated and non-litigated claims across bodily injury, property damage, and professional liability. Responsibilities include analyzing coverage, managing defense counsel, negotiating settlements, and mentoring junior claims associates.
Requirements
Requires at least eight years of claims handling experience and a four-year college degree, with a JD or industry designations preferred. Expertise in New York Labor law and construction-related claims is highly desired.
Full job description
Company Details
Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following market segments: Construction, Specialty Casualty, & Professional Liability.
We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.
The company is an equal opportunity employer.
Responsibilities
The Senior Complex Claims Specialist investigates, evaluates, negotiates, and resolves complex and high-exposure litigated and non-litigated claims across bodily injury, property damage, personal and advertising injury, and professional liability lines.
Analyze coverage, identify coverage issues, and prepare coverage letters for supervisor approval• Investigate and evaluate liability• Investigate and evaluate damages• Manage litigation by assigning counsel from the approved panel where applicable, establishing litigation plans and budgets, coordinating with defense counsel, and continuously reviewing the potential for resolution• Establish timely reserves within authority and re-evaluate throughout the life of the claim• Maintain up-to-date, appropriate file documentation and written file notes• Maintain an active diary and productive file inventory• Timely complete all required large loss reporting• Negotiate settlements within authority limits and attend mediations, Mandatory Settlement Conferences, and/or Alternative Dispute Resolutions• Proactively control the work product and expense of outside vendors• Develop and maintain positive customer relationships and provide superior customer service• Timely identify all potential opportunities for co-insurance, transfer of risk, and/or subrogation• Work with designated assigned accounts• Recognize and investigate fraud• Comply with deductible/self-insured retention recovery protocol• Meet all State licensing requirements• Adhere to all statutory regulations, Unfair Claims Practices acts, and corporate Best Practices• Serve as mentor for claims associates and provide technical advice• Assist management with administrative tasks as needed• Perform other duties as assigned
Qualifications
Qualifications:
Eight (8) or more years of claims handling experience or equivalent experience• In-depth knowledge of the insurance industry, including legal and regulatory environments• Specific knowledge and expertise in New York Labor law and construction-related claims (preferred)
Education Requirement
Four (4) year college degree, or commensurate experience and training• JD preferred• Industry designations preferred (e.g., CRIS, AIC, SCLA)• New York adjuster’s license a plus
Additional Company Details
We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes: Base Salary Range: $135,000 - 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
Related keywords
Excess and Surplus LinesCasualty InsuranceProfessional LiabilityConstruction InsuranceNew York Labor LawCRISAICSCLAAdjuster LicenseUnfair Claims Practices ActSubrogationCo-insuranceLitigation PlanningRisk TransferBodily InjuryProperty Damage
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about an industry, product or territory.
Offices: 475 Steamboat Road, Greenwich, CT 06830, US
Property and Casualty Insurance and Insurance-related servicesLife InsuranceProfessional ServicesInsuranceProperty InsuranceFinancial ServicesAuto InsuranceHealth Insurance
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about an industry, product or territory.
Offices: 475 Steamboat Road, Greenwich, CT 06830, US
Property and Casualty Insurance and Insurance-related servicesLife InsuranceProfessional ServicesInsuranceProperty InsuranceFinancial ServicesAuto InsuranceHealth Insurance