Claims Manager, Professional Liability

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress. Starr is looking for individuals who bring “passion”, “curiosity” and “drive” to work with them every day. There’s no shortage of opportunities as we continue to grow. Take charge of your career today and join our amazing team. Job Description: This position will be responsible for the active management of E&O claims within the Professional Liability/Cyber Claims Group. Prior experience handling Cyber, lawyers and/or accountants professional liability claims is preferred. The successful candidate will be required to evaluate coverage, draft coverage correspondence, undertake claims investigations, manage defense counsel and legal spend, assess liability and financial exposure, and effectively negotiate cost effective, good faith claims resolutions. Requirements 5-8 years of experience in the insurance/legal profession dealing specifically with Professional Lines claims. In-depth understanding of policy language/coverage. Experience managing, evaluating, mediating, and negotiating E&O claims, including class actions. Ability to lead and drive defense strategy. In-depth knowledge of the U.S. legal system, civil litigation, and ADR proceedings. Comprehensive understanding and knowledge of federal and state laws applicable to various claims presented under Financial and Professional Lines policies. Strong interpersonal and communication skills, both verbal and written. Ability to collaborate with internal and external partners. Ability to multi-task. Take initiative. Be pro-active. Excellent organization skills. Ensure client files are properly documented and compliant from an audit perspective. Bachelor’s degree, Juris Doctorate preferred. For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $150,000-$175,000 #LI-LS1 Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.