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W.R. Berkley

Commercial insurance underwriting, reinsurance, and investments

Litigation Specialist

Claims AdjudicationUpdated on Nov 11
Full-timeScottsdale, AZ, USANo salary listed

About the Job

Requirements

  • Must have at least 12 years of insurance experience, with a strong background in commercial general liability claims examination and coverage analysis.
  • Must have intermediate knowledge of computer programs in a Windows environment, including Word, Excel, and email.
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
  • Ability to write reports, business correspondence, and procedure manuals.
  • Ability to present information effectively and respond to questions from groups of managers, clients, customers, and the general public.
  • Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
  • Ability to communicate effectively on the telephone.
  • Obtain all required state adjuster licenses and maintain them by complying with mandatory continuing education requirements.

Responsibilities

  • Review and set up new loss assignments promptly in compliance with Department guidelines and best practices.
  • Establish appropriate initial loss and expense reserves and regularly evaluate files for adequacy, accuracy, and adherence to reserving guidelines.
  • Analyze and interpret policy language together with specific loss facts to reach appropriate coverage decisions.
  • Draft frequent, complex coverage correspondence, including reservation-of-rights and coverage disclaimers, in compliance with state statutes and regulations.
  • Compose detailed correspondence to insureds, claimants, attorneys, agents, and regulatory agencies.
  • Proactively manage primarily litigated claim files from inception to closure, including identifying and investigating coverage, liability, and damage issues; determining and executing an appropriate plan of action; and resolving files promptly and economically in compliance with Department guidelines and best practices.
  • Clearly document claim-file activity, including current strategy, plan of action, and exit plan in file notes.
  • Apply comprehensive coverage analysis, investigation, evaluation, and negotiation skills at an advanced level.
  • Direct and control the activities and costs of outside vendors, including defense and coverage counsel, experts, and independent adjusters.
  • Present and discuss loss facts and issues in roundtable discussions with peers and management at all levels.
  • Compose and transmit frequent Large Loss Reports and other detailed reporting documents regularly and on time.
  • Manage and monitor file caseload using available resources.
  • Serve as a technical resource within the Department through mentoring and knowledge-sharing, individually, in small groups, or through larger presentations.
  • Meet with interns and others as needed to provide a job-function overview or specific subject-matter training.
  • Participate occasionally in projects and initiatives led by other departments or W. R. Berkley companies, including audits, workshops, focus groups, and task forces.
  • Initiate appropriate communication with management and other departments.
  • Attend internal and external seminars and training events, and provide feedback to peers or management.
  • Perform other duties as assigned.

About the Company

W.R. Berkley

Commercial insurance underwriting, reinsurance, and investments

W. R. Berkley Corporation underwrites commercial property and casualty insurance and provides reinsurance globally. It operates two segments: Insurance, with 53 units worldwide and lines such as excess and surplus, commercial auto, and workers’ compensation; and Reinsurance & Monoline Excess, offering reinsurance and excess coverage to other insurers and self-insured entities. It earns money from premiums and from its investment portfolio. The company differentiates itself with a broad multinational underwriting platform and a dual focus on underwriting profitability and investment management, serving clients from small businesses to large corporations across many industries. Its goal is to deliver risk transfer and financial protection to customers while generating steady underwriting results and investment returns for shareholders.

Company size
Not listed
Company stage
IPO
Headquarters
Greenwich, CT
Founded
1967

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