Claims Superintendent - Professional Liability - Berkley
Moorestown, NJ 08057
About the Job
What makes Admiral Insurance Group ADMIRABLE.
Since 1974, Admiral Insurance Group has been supporting business innovation and market growth through our wholesale-dedicated excess and surplus (E&S) lines of commercial insurance. We specialize in underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions, outside of the box thinking, entrepreneurial spirit and astute business knowledge. As a member of the W. R. Berkley Corporation, a Fortune 500® Company and one of the nation’s premier commercial lines property casualty insurance providers, we have the resources, support and industry data to provide exceptional service and exciting solutions for our clients and partners.
Unlock your insure-ability.
The Company is an equal employment opportunity employer.
Responsibilities:
The Claims Superintendent - Professional Liability will be responsible for determining and discharging the company's contractual obligations under its various policy contracts involving coverage analysis, investigation, legal defense, and loss and expense reserving primarily as they apply to professional liability claims.
- Incorporate all claims into company records and review for applicability of coverage.
- Present facts of claims, with recommendations, to committee as necessary.
- Establish initial loss and expense reserves. Maintain valid loss and expense reserves based on current investigation and legal discovery.
- Supervise activities of Independent Adjusters, investigators and defense attorneys to ensure that all claims are appropriately handled. Attend and participate in mediations/trials as necessary.
- Adhere to company procedures and guidelines as well as case law and statutory requirements when coverage is in question, and/or when paying or denying claims.
- Comply with reporting requirements of treaty and facultative reinsurers.
- Maintain current understanding of various unfair claim practices statutes.
- Prepare large loss reports where applicable.
- Review incoming billing statements for accuracy and process for payment.
- Participate in broker relations calls/visits as needed.
- Attend industry related seminar workshops and/or courses for continuing education
- Additional tasks as assigned.
- Bachelor’s Degree preferred (or equivalent work experience)
- Minimum of five years of progressive commercial insurance claims handling experience.
- Focus on Commercial lines of business.
- Specific expertise in Professional Liability lines of business required, some GL experience a plus.
- Must have excellent written and oral communications skills.
- Creativity and problem solving abilities are essential.
- Ability to assess priorities and manage deadlines effectively.
- Must be customer service oriented.
- Up to 20% travel
- Strong research and analytical skills.
- Proficiency with MS Office Suite.
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Additional Company Details:We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.Sponsorship Details:Sponsorship not Offered for this Role