Litigation Specialist

Company Details

Berkley Aspire is passionate about making excess and surplus lines business easy to transact. We differentiate ourselves by continually innovating to bring market-leading technology and services to our agents and their clients. From direct bill with installments, to not requiring renewal applications for 80% of our small business policies, we focus on making it easy, expeditious, and efficient for agents and consumers.

Berkley Aspire writes from small, minimum premium, policies to accounts over six figures. We offer General Liability, Property, Inland Marine and Excess policies through Berkley appointed agencies in 49 states.

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 continue to regularly evaluate the file for adequacy, accuracy and adherence to reserving guidelines.
• Analyze and interpret policy language in conjunction 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 various state statutes and regulations.
• 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 continue to regularly evaluate the file for adequacy, accuracy and adherence to reserving guidelines.
• Analyze and interpret policy language in conjunction 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 various state statutes and regulations.
• Compose a variety of other detailed correspondence to insureds, claimants, attorneys, agents and Regulatory agencies.
• Proactively manage primarily litigated claim files from inception to closure, including identification and investigation of coverage, liability and damage issues, determination and efficient execution of an appropriate plan of action, and prompt, economical file resolution, in compliance with department guidelines and best practices.
• Appropriately and clearly document all claim file activity, including current strategy, plan of action and exit plan in file notes.
• Consistently demonstrate comprehensive coverage analysis, investigation, evaluation and negotiation skills at an advanced level.
• Direct and control the activities and costs of numerous outside vendors including defense counsel and coverage counsel, experts and independent adjusters.
• Effectively present and discuss loss facts and issues in roundtable discussions to peers and members of management at all levels.
• Compose and transmit in a regular and timely basis frequent Large Loss Reports and other detailed reporting documents as appropriate.
• Manage and monitor file caseload through the use of various resources.
• Obtain all required state adjuster licenses and maintain them as required via compliance with mandatory continuing education requirements.
• Serve as a technical resource within the department through mentoring and knowledge-sharing, whether one-on-one, in small groups, or presentations to larger groups.
• Meet with intern personnel and others as needed to provide job function overview and/or specific subject-matter training.
• Occasional participation in projects and initiatives lead by other departments and/or W. R. Berkley companies, including audits, workshops, focus groups, task forces, etc.
• Initiate appropriate communication with members of management and other department.
• Attend internal and external seminars and other training events and provide feedback to peers and/or members of management.
• High School Diploma is required.
• Certificates as required by state.

Qualifications

• A minimum of fifteen years of experience in insurance.
• Excess and Surplus lines background preferred.
• Construction defect experience beneficial.
• Commercial General Liability experience is required.
• CPCU, AIC, AEI or other insurance-related classes/designations preferred.

Additional Company Details

• Berkley Core Competencies • Accountability • Communication • Customer Focus and Teamwork • Flexibility • Innovation and Initiative

Additional Requirements

• While performing the duties of this job, the employee is typically required to sit and talk or hear. The employee is infrequently required to stand; walk; reach with hands and arms and stoop, kneel, crouch, or crawl. • The employee must occasionally lift and/or move up to 10 pounds. • Specific vision abilities required by this job typically includes close vision, occasional use of depth perception, and infrequent need for distance vision, color vision, and ability to adjust focus. • The noise level in the work environment is usually moderate. • Most functions of this position are completed while sitting at one’s desk and working on a computer.

Sponsorship Details

Sponsorship not Offered for this Role