Job Description

Senior Claims Specialist – Financial Lines

Job Summary
A highly skilled and experienced Senior Claims Specialist – Financial Lines is needed to join a professional and growing team. This role offers the opportunity to contribute expertise and make a significant impact in a fast-paced environment.

Compensation Package

• Base Salary: $140,000 – $170,000 annually
• Comprehensive benefits package

Responsibilities

• Manage a caseload of pending claims across both primary and excess policies.
• Handle claims across multiple financial lines, including Directors & Officers (D&O), Errors & Omissions (E&O), and Employment Practices Liability (EPL).
• Evaluate coverage, establish reserves, and ensure compliance with regulatory requirements.
• Collaborate with legal counsel, vendors, and internal teams to resolve claims efficiently and effectively.
• Provide strategic updates to leadership and support underwriting teams with insights into emerging trends and claim developments.
• Represent the company in mediations, settlement discussions, and broker meetings.

Qualifications/Requirements

• Bachelor’s degree and Juris Doctor (J.D.) required.
• Minimum of 6 years of experience with a specialty insurance carrier or law firm handling claims in D&O, E&O, EPL, Fiduciary, and Crime/Fidelity lines.
• Strong understanding of financial lines insurance policies and claims processes.
• Excellent negotiation, communication, and analytical skills.
• Flexibility to travel for mediations and other business needs.
• Proven ability to work both independently and collaboratively in a professional setting.

Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.

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