Overview
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 at Markel gives people the confidence to move forward and seize opportunities. You'll be part of a global community of optimists and problem-solvers, pushing each other to go further to help others reach theirs. This position will be the acknowledged technical expert and responsible for the resolution of high complexity and high exposure claims. The role has significant responsibility for decision making and will work autonomously within their authority.
What you\'ll be doing
- Investigate, negotiate and settle complex primary and excess policy claims including legal malpractice, architects and engineers, miscellaneous professional liability (claims against real estate brokers / agents, title agents, escrow agents, accountants, insurance agents and brokers, financial advisors, home inspectors, information technology consultants, debt collectors, medical billing consultants, utility locators, home inspectors, and other specified professionals), employment practices liability, and private company D&O claims.
- Investigate and analyze coverage under primary and excess professional liability and management liability insurance policies; make coverage determinations; draft routine and complex coverage correspondence; effectively communicate coverage positions to policyholders and other stakeholders; manage claims involving coverage litigation.
- Manage litigation filed nationwide against insureds; appoint, direct and manage defense counsel; proactively work toward expeditious and economical resolution of claims; assist Company claims vendor management, disbursement and legal collections teams with defense counsel, bill payment and collection issues.
- Communicate with underwriting as needed to manage claims and to alert of any significant developments.
- Promptly communicate with management on adverse case developments and provide information on pertinent issues affecting professional liability and management liability product lines.
- Demonstrate proven ability to work in a collaborative team environment. Analyze and convey summations of complex issues; recognize alternative approaches and develop action plans, both orally and in written form.
- Maintain and adhere to Markel's guidelines and procedures.
- Ensure proper adherence to internal reporting requirements.
- Contribute and assist in the implementation of initiatives, discussion and action plans brought forth by management.
- Participate in agent-related functions and meetings as required.
- Actively participate in the ongoing training and development of the claims examiners.
What we\'re looking for
5-10+ years of professional liability claims or litigation experience required. Excess liability (quota share, first layer and high layer) claims or litigation experience a plus.College degree and / or professional designation required, JD required.Excellent written and oral communication skills.Sound comprehension of insurance coverage posed by professional liability and excess liability policies.Ability to analyze and convey summations of complex issues both verbally and in writing; recognize alternative approaches and develop action plans.Experience in determining contractual obligations, insurance coverage analyses, and investigations. Insurance coverage litigation experience a plus.Ability to manage complex litigation, set loss and expense reserves and evaluate settlement values.Work collaboratively and as a team player willing to assist within the Unit and Professional Liability Division as needed.Ability to proactively self-manage a caseload.US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information
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 $97,520 - $134,000 with a 25% bonus potential.
Who we are
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
What's in it for you
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.Are you ready to play your part?
Choose "Apply Now" to fill out our short application, so that we can find out more about you.
Caution : Employment scams
Markel is aware of employment-related scams where scammers impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Therefore, for your safety, please note that :
All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.All legitimate communications with Markel recruiters will come from Markel.com email addresses.We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. If you require any accommodation through the application process, please send an e-mail to rarecruiting@markel.com.
No agencies please.
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