Claims Litigation Specialist

Berkley•Morristown, NJ

1d•Onsite

About The Position

The Claims Litigation Specialist role is responsible for the review, oversight and specific handling of General Liability, Automobile Liability, and Professional Liability claims including Law Enforcement and Sexual Abuse involving municipalities, schools, among others. Identifying and evaluating coverage issues, preparing comprehensive coverage letters and analysis. Identifying and evaluating risk transfer opportunities pursuant to contracts, lease agreements, certificates of insurance. Evaluating information on coverage, liability, and damages to resolve claims on reasonable terms and at an appropriate value. Communicate with insureds, brokers and TPA’s to secure additional claim information, communicate loss information, and monitor Self Insured Retentions and determine the extent of exposure to the insured and the company. Sets reserves within authority or makes claim recommendations concerning reserve changes to supervisor. Evaluate claims and make recommendations to management regarding claim resolution plans/strategies. Negotiating settlements. Retaining, directing, and managing litigation counsel through trial; developing and managing strategy for complex litigation and reviewing legal bills. Attending arbitrations, mediations, trials. Respond to internal and external requests for information from management, underwriters, business partners etc. Provides outstanding customer service and works well with the insured, broker and TPA in the adjustment of losses. Prepare timely and accurate reports to management regarding significant claim developments. Participate in audits of TPA’s to ensure adherence to claims guidelines. Ensure large loss and exposure reporting requirements are met referring claims to management and/or WR Berkley management as necessary. Travel – attend conferences, mediation and/or trials as necessary.

Requirements

3-5 years handling General Liability and Auto claims.
Litigation experience necessary
Advanced proficiency with MS Office Suite

Responsibilities

Review, oversight and specific handling of General Liability, Automobile Liability, and Professional Liability claims including Law Enforcement and Sexual Abuse involving municipalities, schools, among others.
Identify and evaluate coverage issues, preparing comprehensive coverage letters and analysis.
Identify and evaluate risk transfer opportunities pursuant to contracts, lease agreements, certificates of insurance.
Evaluate information on coverage, liability, and damages to resolve claims on reasonable terms and at an appropriate value.
Communicate with insureds, brokers and TPA’s to secure additional claim information, communicate loss information, and monitor Self Insured Retentions and determine the extent of exposure to the insured and the company.
Set reserves within authority or make claim recommendations concerning reserve changes to supervisor.
Evaluate claims and make recommendations to management regarding claim resolution plans/strategies.
Negotiate settlements.
Retain, direct, and manage litigation counsel through trial; develop and manage strategy for complex litigation and review legal bills.
Attend arbitrations, mediations, trials.
Respond to internal and external requests for information from management, underwriters, business partners etc.
Provide outstanding customer service and work well with the insured, broker and TPA in the adjustment of losses.
Prepare timely and accurate reports to management regarding significant claim developments.
Participate in audits of TPA’s to ensure adherence to claims guidelines.
Ensure large loss and exposure reporting requirements are met referring claims to management and/or WR Berkley management as necessary.
Travel to attend conferences, mediation and/or trials as necessary.