Job Description

Company Details

Nautilus Insurance Group is a strong underwriting Company and respected leader in the E&S industry. Our culture promotes creativity, integrity and respect, allowing us to attract and retain quality employees. Nautilus is a subsidiary of the W. R. Berkley Corporation, a Fortune 500 company recognized as one of the most respected names in the property casualty insurance industry. Nautilus writes Commercial Excess and Surplus Lines business in all 50 states.

About W. R. Berkley Corporation W. R. Berkley Corporation, founded in 1967, is one of the nations premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively.

Responsibilities

The Senior Litigation Specialists job function includes efficiently and effectively handling advanced-level, primarily litigated, commercial first-party property and/or third-party general liability losses in a paperless environment. An ability to communicate both verbally and in written form in a prompt, courteous and professional manner is essential.

* Reviews and sets up new loss assignments in a timely manner in compliance with Department guidelines and best practices.
* Establishes appropriate initial loss and expense reserves and continue to regularly evaluate the file for adequacy, accuracy and adherence to reserving guidelines.
* Analyzes and interpret policy language in conjunction with specific loss facts to reach appropriate coverage decisions.
* Drafts frequent and complex coverage correspondence, including reservation of rights and coverage disclaimers in compliance with various state statutes and regulations.
* Composes a variety of other detailed correspondence to insureds, claimants, attorneys, agents and Regulatory agencies.
* Proactively manages primarily litigated claim files from inception to closure, including identification and investigation of coverage, liability and damage issues, determination and efficient execution of an appropriate plan of action, and prompt, economical file resolution, in compliance with Department guidelines and best practices.
* Appropriately and clearly documents all claim file activity, including current strategy, plan of action and exit plan in file notes.
* Consistently demonstrates comprehensive coverage analysis, investigation, evaluation and negotiation skills at an advanced level.
* Directs and control the activities and costs of numerous outside vendors including defense counsel and coverage counsel, experts and independent adjusters.
* Effectively presents and discusses loss facts and issues in roundtable discussions to peers and members of management at all levels.
* 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.
* Obtains all required state adjuster licenses and maintain them as required via compliance with mandatory continuing education requirements.Other duties may be assigned.
* Serves as a technical resource within the Department through mentoring and knowledge-sharing, whether one-on-one, in small groups, or presentations to larger groups.
* Meets with intern personnel and others as needed to provide job function overview and/or specific subject-matter training.
* Occasional participation in projects and initiatives lead by other departments and/or W. R. Berkley companies, including audits, workshops, focus groups, task forces, etc.
* Initiates appropriate communication with members of management and other Departments.
* Attends internal and external seminars and other training events and provides feedback to peers and/or members of management.

Qualifications

* Must have at least twenty (20) years of insurance experience.
* Must have intermediate knowledge of computer programs in a Windows environment, including Word, Excel and E-mail.
* Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or governmental regulations.
* Ability to write reports, business correspondence and procedure manuals.
* Ability to effectively present information and respond to questions from groups of managers, clients, customers and the general public.
* Ability to respond to common inquiries or complaints from customers, regulatory agencies or members of the business community.
* Ability to effectively communicate on the telephone.