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W.R. Berkley

Commercial insurance underwriting, reinsurance, and investments

Litigation Specialist

Claims AdjudicationConfirmed live in the last 24 hours
Full-timeNo salary listed

About the Job

Requirements

  • A minimum of fifteen years of experience in insurance claims is required.
  • Commercial General Liability experience is required.
  • All required state adjuster licenses and mandatory continuing education requirements must be maintained.
  • A High School Diploma is required.
  • Certifications are required by state.

Responsibilities

  • Review and set up new loss assignments in a timely manner 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 with specific loss facts to reach appropriate coverage decisions.
  • Draft frequent and 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.
  • Manage primarily litigated claim files from inception to closure, including coverage, liability, and damage investigation; determine and execute appropriate action plans; and resolve files promptly and economically.
  • Document claim file activity, including current strategy, action plans, and exit plans, in file notes.
  • Apply advanced coverage analysis, investigation, evaluation, and negotiation skills.
  • Direct and control the activities and costs of outside vendors, including defense counsel, coverage counsel, experts, and independent adjusters.
  • Present and discuss loss facts and issues in roundtable discussions with peers and management.
  • Compose and transmit Large Loss Reports and other detailed reporting documents.
  • Manage and monitor the file caseload using available resources.
  • Serve as a technical resource through mentoring and knowledge-sharing in one-on-one, small-group, and larger presentations.
  • Meet with interns and others to provide job-function overviews and subject-matter training.
  • Participate 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 and management.

Desired Qualifications

  • Experience with Excess and Surplus lines is preferred.
  • Construction defect experience is beneficial.
  • Completion of CPCU, AIC, AEI, or other insurance-related classes or designations is preferred.

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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