Complex Claim Specialist, Financial Institutions

AmTrust Financial Services, Inc.

About The Position

Amtrust Financial Services, a fast-growing commercial insurance company, is seeking a Complex Claim Specialist to support our Financial Institutions claim team. The successful candidate will evaluate coverage, assess risk transfer opportunities, analyze liability and damages, manage litigation, negotiate and ensure all files are appropriately reserved. This position reports to a line of business executive.

Requirements

Minimum of 7+ years of experience in the handling of professional liability claims
Proficient computer skills required to navigate our paperless claim file system
Possesses a high level of technical claim skills and legal knowledge
Excellent communication skills, both written and oral
Easily adapts to changing situations, requirements and priorities
Ability to effectively influence others without damaging relationships
Skillful negotiator
Ability to work in a fast paced environment
Good time management skills

Nice To Haves

JD / CPCU / RPLU designation preferred

Responsibilities

Recognize exposures and ensure reserving is appropriate and timely
Evaluate coverage issues and risk transfer opportunities
Complete a thorough, independent investigation with an understanding and utilization of available resources to fill in any gaps in understanding, i.e. internet, PACER, experts, etc.
Manage litigation by proper selection, planning, budgeting and partnership with counsel
Exhibit strong negotiation skills
Effectively communicate exposures both internally and externally
Responsible for formulating proper resolution strategy to ensure best claim outcome
The position will require periodic travel to attend meditations, trials and / or other related meetings
Perform other duties as assigned