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Markel Group

Three-engine financial holding: insurance, investments, ventures

Claims Examiner - Executive Liability

Claims AdjudicationConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • Experience with Directors & Officers, Financial Institutions, and/or Excess Professional Liability claims or litigation is a plus.
  • A college degree and/or professional designation is required.
  • Excellent written and oral communication skills are required.
  • A sound comprehension of insurance coverage under Directors & Officers, Financial Institutions, and excess liability policies is required.
  • The role requires the ability to analyze and convey summaries of complex issues verbally and in writing, recognize alternative approaches, and develop action plans.
  • Experience determining contractual obligations, conducting insurance coverage analyses, and performing investigations is required; insurance coverage litigation experience is a plus.
  • The role requires the ability to manage complex litigation, set loss and expense reserves, and evaluate settlement values.
  • The role requires participation in insured- and broker-related functions and meetings as needed.
  • The role requires the ability to collaborate and assist within the Unit and Professional Liability Division as needed.
  • The role requires the ability to proactively self-manage a caseload.
  • Travel is required as necessary, approximately 20%.

Responsibilities

  • Investigate, monitor, negotiate, and settle excess matters involving Directors & Officers and Financial Institutions liability claims from inception through conclusion.
  • Assess and evaluate coverage under Directors & Officers and Financial Institutions insurance policies; make coverage determinations; draft routine and complex coverage correspondence; communicate coverage positions to policyholders, brokers, and other stakeholders; and manage claims involving coverage litigation.
  • Oversee and monitor litigation filed nationwide against insureds and work proactively with insureds and brokers toward economical claim resolution.
  • Communicate with underwriting as needed to manage claims and report significant developments.
  • Promptly communicate adverse case developments to Claims leadership and provide information on pertinent issues affecting the Directors & Officers and Financial Institutions product lines.
  • Analyze and convey summaries of coverage and legal issues, recognize alternative approaches, and develop action plans orally and in writing.
  • Maintain and adhere to Markel’s guidelines and procedures.
  • Ensure proper adherence to internal reporting requirements.
  • Contribute to and assist with implementation of initiatives, discussions, and action plans brought forth by Claims leadership.
  • Participate in the ongoing training and development of claims examiners as indicated by Claims leadership.

Desired Qualifications

  • A Juris Doctor degree is preferred.

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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