Sr. Claims Litigation Specialist

Company Details

At Verus Specialty Insurance, a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB), we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup, we blend the best of both worlds to foster innovation and excellence in everything we do.

Our nationwide operations are supported by a robust network of select wholesale producers, ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward.

At Verus, we are more than just a company; we are a community that thrives on collaboration, growth, and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute, innovate, and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision, we eagerly await your application. Join us and be a part of a team where your contributions are valued, and your potential fully realized!

The Company is an equal employment opportunity employer.

https://www.verusins.com/

Responsibilities

This position provides the highest level of specialized technical claim handling for the most serious, complex, and highly valued claim for an excess and surplus lines writer. Position requires extensive experience in handling Commercial General Liability bodily injury and property damage, and garage claims with serious injuries. Some construction defect experience a plus. Potential to also handle smaller professional liability claims. Provides technical advice to associates and other functional areas such as, defense counsel, independents, support, and less-experienced technical staff. An ability to communicate both verbally and in written form in a prompt, courteous and professional manner is essential.

• Analyzing liability and damage issues in connection with claims made against our insureds and maintaining appropriate documentation.
• Analyzing insurance coverage issues and drafting coverage positional letters reflecting same.
• Retaining and supervising outside counsel in the defense of our insureds in an effort to effectively resolve claims.
• Evaluating full diary of pending matters in connection with the posting and maintaining of accurate reserves.
• Maintaining and developing relationships with insureds, brokers and outside counsel.
• Providing support and information to underwriters in connection with their evaluation of risk on particular accounts.
• Composes and transmits in a regular and timely basis frequent Large Loss Reports and other detailed reporting documents as appropriate.
• Manages and monitors file caseload through the use of various resources.
• Maintaining and developing relationships with insureds, brokers and outside counsel.
• Providing support and information to underwriters in connection with their evaluation of risk on particular accounts.
  
  

Qualifications

• Four (4) - year degree plus and/or applicable insurance claims experience as noted above.
• Minimum 10 years of experience handling Commercial General Liability bodily injury and property damage claims along with Garage/Auto injury claims.
• Full knowledge of insurance contracts, investigation techniques, legal requirements and insurance regulation.
• An aptitude for evaluating, analyzing, and interpreting contracts and other complex information.
• Current Claims Adjuster licenses in one or more states are preferred but must be willing to obtain additional state licensures.
• Excellent verbal and written communication skills.
• Must have intermediate knowledge of computer programs in a Windows environment, including Word, Excel and E-mail.
• Willingness to embrace a digital culture that includes accessing email and other platforms on a personal device.
• Proven track record of early identification of claim value and resolution strategy.
• Strong communication and negotiation skills.
• Must be a “difference maker” and a self- starter who owns claims outcomes.
  
  

This position can be fully remote for candidates outside a commutable distance to our offices, which are based in Glen Allen, VA or Scottsdale, AZ on a hybrid schedule—four days in the office and one remote day, as appropriate.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role

Job Description

At Verus Specialty Insurance, a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB), we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup, we blend the best of both worlds to foster innovation and excellence in everything we do.

Our nationwide operations are supported by a robust network of select wholesale producers, ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed, but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward.

At Verus, we are more than just a company; we are a community that thrives on collaboration, growth, and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute, innovate, and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision, we eagerly await your application. Join us and be a part of a team where your contributions are valued and your potential fully realized!

Job Description:

This position provides the highest level of specialized technical claim handling for the most serious, complex, and highly valued claim for an excess and surplus lines writer. Position requires extensive experience in handling Commercial General Liability construction defect claims with potential to also handle bodily injury claims. Provides technical advice to associates and other functional areas such as, defense counsel, independents, support, and less-experienced technical staff. An ability to communicate both verbally and in written form in a prompt, courteous and professional manner is essential.

Key Functions/Duties Of Position:

• Analyzing liability and damage issues in connection with claims made against our insureds and maintaining appropriate documentation;
• Analyzing insurance coverage issues and drafting coverage positional letters reflecting same;
• Retaining and supervising outside counsel in the defense of our insureds in an effort to effectively resolve claims;
• Evaluating full diary of pending matters in connection with the posting and maintaining of accurate reserves;
• Maintaining and developing relationships with insureds, brokers and outside counsel;
• Providing support and information to underwriters in connection with their evaluation of risk on particular accounts.
• Composes and transmits in a regular and timely basis frequent Large Loss Reports and other detailed reporting documents as appropriate.
• Manages and monitors file caseload through the use of various resources.
• Maintaining and developing relationships with insureds, brokers and outside counsel;
• Providing support and information to underwriters in connection with their evaluation of risk on particular accounts
  
  

Qualifications And Education:

• Full knowledge of insurance contracts, investigation techniques, legal requirements and insurance regulation
• Minimum 10 years of experience handling Commercial General Liability construction defense and bodily injury Claims
• An aptitude for evaluating, analyzing, and interpreting contracts and other complex information
• Excellent verbal and written communication skills
• Must have intermediate knowledge of computer programs in a Windows environment, including Word, Excel and E-mail.
• Current Claims Adjuster licenses in one or more states preferred but must be willing to obtain additional state licensures.
• 4 - year degree plus and/or applicable insurance claims experience as noted above
• Willingness to embrace a digital culture that includes accessing email and other platforms on a personal device
• Proven track record of early identification of claim value and resolution strategy
• Strong communication and negotiation skills
• Must be a “difference maker” and a self- starter who owns claims outcomes