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Chicago, Illinois, United States
Hybrid
-Proactively handle professional liability claims primarily involving miscellaneous professional liability (MPL) litigation, including Errors and Omissions (E&O), to achieve optimum payout results by resolving claims fairly, expeditiously, and economically.
-Assess and analyze coverage issues on claims, and issue appropriate coverage letters and documentation.
-Complete timely investigation of claims and post appropriate reserves.
-Pursue risk transfer opportunities, including dealing with contractual indemnity and additional insured issues.
-Handle claims in accordance with RLI's Best Practices.
-Resolve claims in timely manner to an effective outcome.
-Travel to and attend mediations, settlement conferences, and/or trials as warranted.
Typically requires a bachelor’s degree in business administration, insurance, or a related field and 5+ years of experience in a similar position directly handling claims or as an attorney with experience in litigation. JD preferred.
-Meaningful experience handling professional liability claims with significant exposure under professional liability policies. Ideal candidate will have superior working knowledge of case law, statutes, and procedures impacting the handling and value of claims.
-Proactive investigation, risk transfer, claim handling, attorney management, and claims resolution are essential.
-Superior writing and communication skills to work effectively with insureds, claimants, underwriters, and upper management.
