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Markel Group

Three-engine financial holding: insurance, investments, ventures

Senior Claims Examiner - Lawyers and Financial Advisors Professional Liability

Claims AdjudicationConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • Three or more years of professional liability claims or litigation experience is preferred; excess liability claims or litigation experience is a plus.
  • A college degree and/or professional designation is required; a Juris Doctor is preferred.
  • Excellent written and oral communication skills.
  • Sound comprehension of insurance coverage under professional liability policies.
  • Ability to analyze and convey summaries of complex issues verbally and in writing, recognize alternative approaches, and develop action plans.
  • Experience determining contractual obligations, analyzing insurance coverage, and conducting investigations; insurance coverage litigation experience is a plus.
  • Ability to manage complex litigation, set loss and expense reserves, and evaluate settlement values.
  • Ability to work collaboratively and assist within the Unit and Professional Liability Division as needed.
  • Ability to proactively self-manage a caseload.

Responsibilities

  • Investigate, negotiate, and settle complex primary and excess policy professional liability claims involving lawyers, accountants, and financial advisor insureds.
  • Investigate and analyze coverage under primary and excess professional liability insurance policies, make coverage determinations, draft routine and complex coverage correspondence, communicate coverage positions to policyholders and other stakeholders, and manage claims involving coverage litigation.
  • Manage litigation filed nationwide against insureds; appoint, direct, and manage defense counsel; work proactively toward efficient and economical resolution of claims; and assist 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 report significant developments.
  • Promptly communicate adverse case developments to the Claims Manager and provide information on pertinent issues affecting the lawyers, accountants, and financial advisors professional liability product lines.
  • Maintain and adhere to company guidelines and procedures.
  • Ensure proper adherence to internal reporting requirements.
  • Contribute to and assist with implementing initiatives, discussions, and action plans brought forward by the Claims Manager.
  • Participate in agent-related functions and meetings as required.
  • Participate in the ongoing training and development of claims examiners as indicated by the Claims Manager.
  • Travel as necessary, approximately 10%.

Desired Qualifications

  • Excess liability claims or litigation experience, including quota share, first layer, and high layer, is a plus.
  • Insurance coverage litigation experience is a plus.

About the Company

Markel Group

Three-engine financial holding: insurance, investments, ventures

Markel Group operates as a financial holding company with a three-engine model: specialty insurance, investments, and Markel Ventures (a portfolio of non-insurance businesses). Specialty insurance focuses on hard-to-place or niche risks, underwriting and managing risk through its insurance subsidiaries. Profits from the insurance businesses are reinvested into investments and into acquiring and holding profitable non-insurance companies, creating a diversified, resilient enterprise. The group’s investment engine uses generated earnings to fund external acquisitions and capital growth, while Markel Ventures builds a broad portfolio of long-term holdings in various industries. What sets Markel apart is its deliberate diversification across three connected engines and a long-term, capital-accumulation approach known as the

Company size
51-200
Company stage
IPO
Headquarters
Glen Allen, VA
Founded
1930

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