Job Description
Technical Claim Manager - Design Professionals/Construction
Job Summary
Seeking a highly skilled and motivated Technical Claim Manager specializing in Design Professionals/Construction to join a team. This role involves managing professional liability claims, including Errors and Omissions (E&O) and miscellaneous professional liability (MPL) litigation. The ideal candidate will possess a strong background in claims handling, coverage analysis, and litigation management.
Compensation Package
- Base Salary Range: $115,778 - $168,746 per year
- Bonus Opportunities: Up to 10% annual bonus
- Comprehensive Benefits:
- Medical, dental, and vision insurance
- Parental and family care leave
- Flexible spending and health savings accounts
- Short-term and long-term disability benefits
- Life and AD&D insurance (2x base salary)
- Tuition reimbursement and education bonuses
- Training and certification opportunities
Responsibilities
- Proactively manage professional liability claims, including Errors and Omissions (E&O) and miscellaneous professional liability (MPL) litigation.
- Conduct thorough investigations, assess coverage issues, and issue appropriate coverage letters and documentation.
- Establish and maintain accurate reserves for claims.
- Pursue risk transfer opportunities, including contractual indemnity and additional insured issues.
- Ensure claims are handled in accordance with company best practices and resolved in a timely and cost-effective manner.
- Attend mediations, settlement conferences, and trials as necessary.
Qualifications/Requirements
- Education: Bachelor’s degree in business administration, insurance, or a related field. A Juris Doctor (JD) is preferred.
- Experience: Minimum of 5 years of experience in claims handling or litigation, with a focus on professional liability claims.
- Skills:
- Strong knowledge of case law, statutes, and procedures related to professional liability claims.
- Proficiency in proactive investigation, risk transfer, attorney management, and claims resolution.
- Excellent written and verbal communication skills for effective interaction with insureds, claimants, underwriters, and senior management.
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