Markel Group Construction Defect And Construction Property Liability Claim Handler
What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it.
The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! This position will be responsible for the resolution of moderate to high complexity and moderate to high exposure construction defect and construction property liability damage claims which can be subject to disputes that must be resolved in mediation or litigation. The primary purpose of this job is to handle claims from coverage enquiry through legal liability assessment (where relevant) and quantum analysis, to timely and accurate resolution; ensuring mitigation of indemnity and expense exposure while communicating developments and outcomes as necessary to all internal and external stakeholders. The position will have increased responsibility for decision making within their authority and work with minimal oversight and will provide training and be a technical referral point for other team members.
Responsibilities
- Analyzes coverage and communicates coverage positions
- Conducts, coordinates, and directs investigation into loss facts and extent of damages
- Confirms coverage of claims by reviewing policies and documents submitted in support of claims
- Contributes to maintenance of claims guidelines and best practice procedures
- Coordinates loss information for business stakeholders and presents information during meetings with underwriters and / or insureds when applicable
- Delivers technical training to colleagues and external contacts as appropriate
- Directs and monitors assignments to experts and outside counsel, ensures effective vendor and litigation management on moderate to high complexity claims including demonstrable savings
- Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure
- Negotiates and settles claims typically in litigation either directly or indirectly
- Participates in special projects or assists other team members as requested
- Prepare coverage position letters on matters typically in litigation without assistance of outside coverage counsel.
- Prepares reports by collecting and summarizing information
- Present at roundtables to senior claims leaders and underwriters on cases going to trial
- Provides timely service throughout the life cycle of the claim by meeting all service level agreements, initiating timely contact to all appropriate parties, and responding to incoming inquiries according to company policy and procedures.
- Sets reserves within authority or makes claim recommendations concerning reserve changes to manager
- Travel to mediations, trials, and conferences as required
- Utilizes acceptable investigation claims handling and settlement techniques that achieve cost effective and timely closure results by obtaining, reviewing and analyzing documentation, policy provisions and other records.
Qualifications
Bachelor's degree or equivalent work experienceMust have or be eligible to receive claims adjuster license.Participation in industry training opportunities (CLM Claim College, Munich Re Training, FDCC, etc.)Minimum of 5 years of claims handling experience or equivalent combination of education and experienceMarkel offers hybrid, 3 days in the office and 2 days remote.Skill Sets
Excellent written and oral communication skillsStrong analytical and problem solving skillsStrong organization and time management skillsAbility to work autonomously in a fast paced environmentExperience in negotiation, mediations and monitoring trialsAbility to influence claims stakeholders and to effectively direct claims strategyStrong litigation management skills are required including the ability to provide direction and guidance to defense attorneys and other experts while controlling expenses.Ability to deliver outstanding customer serviceIntermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word)Knowledge of tort and contract lawStrong desire for continuous improvementUS Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The salary for the position is $73,100 to $107,250 with a 15% bonus potential.
Markel Group (NYSE MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.
We're all about people | We win together | We strive for better
We enjoy the everyday | We think further
In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.
We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.Choose 'Apply Now' to fill out our short application, so that we can find out more about you.