Our client is seeking a Professional Liability Specialist that is able to work in a fast-paced environment, providing exceptional claims service to the Company’s insureds.
Primary Responsibilities:
This position will analyze, evaluate and manage claims, bring assigned claims and cases to a timely and reasonable resolution by maintaining compliance with the Company’s claims philosophy and guidelines. This position also provides assistance to the Manager and serves as a resource for others in the department. The primary responsibilities of this position also include the following:
- Establish and maintain contact with insureds, claimants, witnesses, experts, and other concerned parties to gather facts.
- Attend and participate in initial interviews, depositions, mediations and pretrials as
- needed.
- Work with defense counsel to plan and execute defense strategy.
- Evaluate liability and damages on individual claims through the establishment of injury estimates, use of the Peer Review Committee process and evaluation for settlement
- authority.
- Provide documentation to file and update all claims files notes with statuses, claims
- information and activity.
- Provide timely and thorough loss advices in order to update the reinsurers.
- Timely prepare and submit cases through the Peer Review Committee process.
- Approve legal and expense invoices.
- Input and maintain data fields within claims system.
- Assist Claim Manager with training and development of other staff members.
- Conduct file reviews and other managerial duties as necessary.
- Provide quality service in all areas of responsibility.
- Additional duties and responsibilities as required.
Required Skills and Qualifications:
Education Required for Position: Bachelor’s degree or equivalent.
Experience Required for Position: At least five years’ experience in medical malpractice claims handling.
Specific Skills Required for Position:
- Thorough understanding of legal processes, rules of discovery and the various theories of recovery in the tort system.
- Knowledge and understanding of insurance coverage issues.
- Excellent oral and written communication skills.
- Professional service-oriented demeanor.
- Ability to work in the Chicago office.
- Juris Doctorate a plus.
The pay range is estimated to be between $100,000 and $140,000 per year, based on experience.
Benefits include the following: 401(k), Medical, Dental and Vision Plans, Healthcare FSA Medical Reimbursement Account, Health Savings Account, Life and AD&D Coverage, STD and LTD, among others.
In a nutshell:
- 5+ years in medical professional liability claims
- Familiarity with captive insurance and other professional liability programs
- Proficient in insurance coverage, underwriting principles, and litigation management
- Juris Doctorate a plus