Claims Manager, Professional Liability

Starr InsuranceChicago, IL
$150,000 - $175,000

About The Position

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress. Starr is looking for individuals who bring “passion”, “curiosity” and “drive” to work with them every day. There’s no shortage of opportunities as we continue to grow. Take charge of your career today and join our amazing team.

Requirements

  • 5-8 years of experience in the insurance/legal profession dealing specifically with Professional Lines claims.
  • In-depth understanding of policy language/coverage.
  • Experience managing, evaluating, mediating, and negotiating E&O claims, including class actions.
  • Ability to lead and drive defense strategy.
  • In-depth knowledge of the U.S. legal system, civil litigation, and ADR proceedings.
  • Comprehensive understanding and knowledge of federal and state laws applicable to various claims presented under Financial and Professional Lines policies.
  • Strong interpersonal and communication skills, both verbal and written.
  • Ability to collaborate with internal and external partners.
  • Ability to multi-task.
  • Take initiative.
  • Be pro-active.
  • Excellent organization skills.
  • Ensure client files are properly documented and compliant from an audit perspective.
  • Bachelor’s degree.

Nice To Haves

  • Prior experience handling Cyber, lawyers and/or accountants professional liability claims is preferred.
  • Juris Doctorate preferred.

Responsibilities

  • Active management of E&O claims within the Professional Liability/Cyber Claims Group.
  • Evaluate coverage.
  • Draft coverage correspondence.
  • Undertake claims investigations.
  • Manage defense counsel and legal spend.
  • Assess liability and financial exposure.
  • Effectively negotiate cost effective, good faith claims resolutions.

Benefits

  • First class training and development opportunities
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