Management Liability Senior Claims Specialist

IAT Insurance Group has an immediate opening for a Management Liability Senior Claims Specialist that can be located in any of our IAT locations.This role works a hybrid schedule that requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely.While we prefer candidates to work from one of our IAT office locations, we are open to considering fully remote arrangements for the ideal candidate.ResponsibilitiesResponsible for handling Management Liability Claims (EPL, D&O, Fiduciary and Crime) for Private and Non-Profit businesses based on Claim GuidelinesWithin authority limit, thoroughly analyze, investigate, negotiate and resolve all levels of severity claimsSelects, directs and manages defense counsel including approval of budgetsDevelops litigation/file disposition strategy. Attends mediations, settlement conferences and trialsVerifies/analyzes applicable coverage for the reported claimsFollow operational policies and procedures, including compliance, regulatory and performance and customer service standardsPrepare reports, including Large Loss Reports, to management which accurately reflects loss development, potential/actual financial exposure, coverage issues, claim and recovery strategiesEstablishes 24-hour contact and maintain appropriate contact with all involved stakeholders throughout the life of the claim fileIdentifies and addresses recovery/contribution/SIU opportunitiesSets accurate/timely loss/expense reserves in compliance with Claim Guidelines.Drafts correspondence, including but not limited to, coverage letters to stakeholders as requiredSupport business partners on an as needed basis on various claim and underwriting related issues and marketing meetingsMaintains resident/nonresident adjuster licenses as requiredPerforms other duties as assignedQualificationsMust Have:Bachelor’s Degree with 8+ years of management liability claims experience (including handling employment liability practices, directors & officers’ liability and fiduciary liability coverages)In Lieu of a Bachelor’s Degree with 8+ years of management liability claims, a high school diploma/GED with 12+ years of relevant litigation claims experience will be consideredExcellent coverage analysis skills with experience in drafting coverage position correspondenceExperience handling litigated files and direction of defense counselExcellent negotiation skillsMust be willing to travel, average 1 day a monthClaims Licensure as required by respective state(s)Excellent oral and written communication skillsAbility to organize, multi-task and prioritize workExcellent customer service and interpersonal skillsAbility to analyze data, utilize sound judgment to draw conclusion and make supported decisionsTo qualify, applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposesAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.CompensationPlease note, that the annual gross salary range associated with this posting is $60,600 – $120,000. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefitsIAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.At IAT, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.We Offer Comprehensive Benefits Like26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off7% 401(k) Company Match and additional Profit SharingHybrid work environmentNumerous training and development opportunities to assist you in furthering your careerHealthcare and Wellness ProgramsOpportunity to earn performance-based bonusesCollege Loan Assistance Support PlanEducational Assistance ProgramMentorship ProgramDress for Your Day PolicyAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.