Complex Claim Specialist, Legal Malpractice

Reposted 3 Days Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
114K-165K Annually
Senior level
Insurance • Financial Services
The Role
Handles complex professional liability claims, primarily legal malpractice claims. Responsibilities include investigating claims, evaluating coverage and risk transfer opportunities, assessing liability and damages, setting appropriate reserves, managing litigation and counsel relationships, negotiating resolutions, communicating exposures, and developing strategies for favorable outcomes. Periodic travel is required for mediations, trials, and related meetings.
Summary Generated by Built In
Overview

Amtrust Financial Services, a fast-growing commercial insurance company, is seeking a Complex Claim Specialist. This position can be located in one of our claims offices with the possibility of working remotely. The successful candidate will directly handle complex professional liability claims with an emphasis on legal malpractice claims. The successful candidate will evaluate coverage, assess risk transfer opportunities, analyze liability and damages, manage litigation, negotiate and ensure all files are appropriately reserved.

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
Qualifications
  • 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
  • JD / CPCU / RPLU designation preferred

The expected salary range for this role is $114K-$165K/year.


Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.


AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.


AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.

Skills Required

  • Minimum of 7 years of experience handling professional liability claims
  • Proficient computer skills for navigating a paperless claim file system
  • High level of technical claims skills and legal knowledge
  • Excellent written and oral communication skills
  • Ability to adapt to changing situations, requirements, and priorities
  • Ability to influence others effectively while maintaining relationships
  • Strong negotiation skills
  • Ability to work in a fast-paced environment
  • Good time management skills
  • JD, CPCU, or RPLU designation
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The Company
HQ: New York, NY
4,104 Employees
Year Founded: 1998

What We Do

AmTrust Financial Services, Inc., through its subsidiaries, operates as a multinational property and casualty insurance company. Founded in 1998 to provide workers’ compensation insurance to small businesses in the United States, the company now operates in three segments around the globe: Small Commercial Business Insurance, Specialty Risk and Extended Warranty, and Specialty Middle-Market Property and Casualty Program Insurance.

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