"Our Company provides a state of predictability which allows brokers and agents to act with confidence."
Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.
Along the way, we've been listed on the New York Stock Exchange, seen our revenue soar well past $7 billion, and become a well-respected Fortune 500 Company.
Today, the Berkley brand comprises 54 Berkley companies worldwide. Still managed by our founder and largest shareholder, W. R. Berkley Corporation is well-positioned to respond to opportunities for future growth.
In April 2017, W. R. Berkley Corporation celebrated the 50th anniversary of its founding
The purpose of the position is to bring both industry and legal technical expertise in the management of our largest and/or most complex claim matters. This will be a safeguarding / oversight role, working closely with the respective claim offices. Provide technical and strategic guidance for high exposure and complex claims, including coverage and/or bad faith litigation, being managed by in-house claim departments of multiple operating units. Assure that exposures are timely recognized, resolution plans are well formulated and executed. Effectively communicate with external business partners as well as colleagues in underwriting, actuarial and executive management.
DUTIES & ESSENTIAL JOB FUNCTIONS
Superior knowledge of all technical aspects of claims handling/management including investigation, coverage analysis, litigation management, evaluation, reserving and negotiation
Inform other functional departments (underwriting, actuarial, finance)of positive/negative conditions noted during investigations which may impact company results
Engage with reinsurance partners on claim issues and industry trends
Drive favorable loss cost results by influencing, planning and guidance on individual claims.
Provides ongoing analysis of technical material (i.e. case law, regulations) to determine the impact on claim operations and provides the necessary guidance and assistance to the claim office(s).
OTHER FUNCTIONS AND RESPONSIBILITIES
Serve as a mentor in the training and development of less experienced staff when necessary
Strong interpersonal communication, presentation, consultative, and negotiation skills
Work professionally and communicate effectively with all levels of the organization
Provide input and guidance on individual claim matters
Work independently and as part of a team
Demonstrate good organization (detail oriented) and prioritization skills; meet deadlines, multitask
Demonstrate sound judgment; strong decision making and problem solving skills
Willingness and ability to travel domestically is required
EDUCATION/CERTIFICATION: Bachelor's Degree; Law Degree (JD)
COMPUTER KNOWLEDGE: Windows; Microsoft Office; Outlook;
EXPERIENCE REQUIRED: 15+ years of experience in Claims, particularly professional liability, and/or private law practice
W.R. Berkley Corporation