- Location
- TransRe - PRMS, United States of America
- Type
- Full-time
- Seniority
- Senior
- Source
- Workday
Description
About Us
Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:
Integrity Work honestly, to enhance TransRe’s reputation
Respect Value all colleagues. Collaborate actively.
Performance We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths
Entrepreneurship Seize opportunities. Innovate for and with customers.
Customer Focus Anticipate their priorities. Exceed their expectations.
We have the following job opportunity in our Arlington, VA office:
Description
As a member of the Professional Risk Management Services (PRMS) Claims unit, the Senior Litigation Specialist will investigate, evaluate, negotiate, and resolve claims as assigned. This individual will be responsible for the overall accuracy, promptness, and efficiency of technical outcomes on medical professional liability claim files which involve advanced complexity and exposure. Responsibilities include, but are not limited to:
- Evaluating insurance contracts and making coverage decisions
- Developing, coordinating, and documenting claims and litigation strategies
- Managing reserves and overall loss costs on assigned files
- Negotiating high-value claims and resolving complex cases
- Managing defense and panel counsel, ensuring adherence to PRMS's Litigation Guidelines
- Maintaining compliance with all internal, legal, and regulatory requirements
- Upholding customer service quality standards in accordance with operating guidelines and internal procedures
- Collaborating across PRMS and FAIRCO to provide timely claims analysis, guidance, and direction
- Identifying, analyzing, and assessing risks and trends in clinical practice areas
- Meeting with insureds, defense counsel, and plaintiff attorneys to address claim issues, negotiate settlements, and attend mediations and trials
- Traveling to meet with client program principals and attend client functions, as needed
- Participating in special projects and initiatives, as assigned
Requirements
- 4+ years evaluating or investigating medical malpractice claims with a major insurance carrier or TPA
- JD strongly preferred
- Technical knowledge of insurance coverage and policies, insurance law, tort law, and claims handling practices
- Highly developed skills in negotiation, analysis, problem-solving, and decision-making
- Ability to perform effectively under pressure in high-complexity, high-risk situations and adapt rapidly to changing conditions
- Excellent written and verbal communication skills
- Adjuster's and P&C licenses are a plus
- Insurance designations (AIC, ARM, CPCU, ALCM) are a plus
Work Schedule
TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences, marketplace trends, and TransRe’s business objectives. This position is eligible for a hybrid work schedule with 4 days in the office per week, and 1 day remote.
We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.