Complex Claims Specialist III

TEKsystems • Berwyn, IL

3d • $36 - $45 • Remote

About The Position

We are seeking a Complex Claims Consultant to manage high-exposure Public D&O and Financial Institutions E&O claims. This role is responsible for handling complex, multi-year claims involving significant financial and reputational risk, while partnering closely with internal stakeholders, external counsel, and clients. This is a highly visible position requiring deep technical expertise, strong analytical skills, and the ability to lead complex negotiations and litigation strategies.

Requirements

• Bachelor’s degree required
• 5+ years of experience handling complex claims in: D&O Liability, Financial Institutions E&O, Professional Liability
• Strong expertise in: Coverage analysis and policy interpretation, Complex litigation management, High-stakes negotiations and settlements
• Experience working with outside counsel and multi-party claims environments

Nice To Haves

• JD strongly preferred
• Professional designations such as CPCU, RPLU, or similar are a plus
• Candidates typically come from: Commercial / specialty insurance carriers (AIG, Chubb, Zurich, AXA XL, Travelers, CNA), Reinsurance organizations, Law firms specializing in securities litigation or insurance coverage

Responsibilities

• Manage an inventory of complex D&O and Financial Institutions E&O claims, including high-severity and multi-year exposures
• Evaluate coverage by interpreting policy language, collaborating with coverage counsel, and making sound business decisions
• Lead thorough investigations to assess liability, compensability, and damages
• Develop and execute comprehensive claim resolution strategies, including negotiation and litigation management
• Set, monitor, and adjust claim reserves in accordance with internal guidelines
• Partner with internal stakeholders, outside counsel, experts, and carriers to drive effective claim outcomes
• Manage litigation strategy, including oversight of defense counsel and legal budgets
• Identify opportunities for subrogation, salvage, and fraud detection
• Prepare and present executive-level summaries and recommendations for Senior leadership and clients

Benefits

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior