Senior Claims Counsel, Professional Liability

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    "ExternalDescriptionStr": "<p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\">This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.</span></p><p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\">Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way,&nbsp;<strong>The Ascot Way</strong>.</span></p><p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\">The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.</span></p><p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\">Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.</span></p><p style=\"background-color: white; line-height: normal; vertical-align: baseline;\"><span style=\"color: black; font-family: Aptos, sans-serif;\">Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.</span></p><p style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><strong>Position Overview:</strong></span></p><p><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\">We are looking for a <strong>Senior Claims Counsel, Professional Liability</strong>, to join our Financial Lines Claims team. The Senior Claims Counsel, Professional Liability conducts thorough investigations, analysis, evaluation and disposition of claims and claim litigation.<span>&nbsp; </span>The successful candidate will achieve superior customer service, optimize claim results and work closely with internal business partners to provide legal advice as needed and participate in our Financial Lines Claim strategic initiatives.&nbsp;</span></p><p style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><strong>Responsibilities:</strong></span></p><ul style=\"list-style-type: disc;\"><li style=\"color: rgb(51, 51, 51); line-height: normal;\"><span style=\"font-family: Aptos, sans-serif;\">Manage a caseload of primary and excess Lawyers, Real Estate, and Miscellaneous Professional Liability claims of varying levels of severity with moderate supervision. Duties include analyzing loss notices, drafting coverage correspondences, appointing and managing counsel, establishing reserves, negotiating and resolving claims, and maintaining comprehensive claims files. Prepare and present reports that accurately reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.</span></li><li style=\"color: rgb(51, 51, 51); line-height: normal;\"><span style=\"font-family: Aptos, sans-serif;\">Collaborate with underwriting on significant claim exposures.&nbsp;</span></li><li style=\"color: rgb(51, 51, 51); line-height: normal;\"><span style=\"font-family: Aptos, sans-serif;\">Work closely with internal and external business partners such as retail and wholesale brokers, insureds and their counsel, to resolve claims.&nbsp;</span></li><li style=\"color: rgb(51, 51, 51); line-height: normal;\"><span style=\"font-family: Aptos, sans-serif;\">Maintain knowledge of professional liability trends and provide feedback to claims and underwriting teams.</span></li><li style=\"color: rgb(51, 51, 51); line-height: normal;\"><span style=\"font-family: Aptos, sans-serif;\">Monitor marketplace conditions, conduct research, and draft reference materials to inform claim and underwriting colleagues on law impacting Ascot’s underwriting and claim decisions.</span></li><li style=\"color: rgb(51, 51, 51); line-height: normal;\"><span style=\"font-family: Aptos, sans-serif;\">Obtain and maintain required adjusters’ licenses.</span></li><li style=\"color: rgb(51, 51, 51); line-height: normal;\"><span style=\"font-family: Aptos, sans-serif;\">Travel to attend mediations industry conferences, settlement &amp; claim conferences, trials, depositions and assist with Ascot’s marketing efforts.&nbsp;</span></li><li><p style=\"background-color: white; line-height: 106%; margin-bottom: 0in; vertical-align: baseline;\"><span style=\"color: black; font-family: Aptos, sans-serif;\">Commit to <i>The Ascot Way</i>: Embody <i>The Ascot Way</i> in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.</span></p></li></ul><p style=\"line-height: normal;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><strong>Requirements:</strong></span></p><ul style=\"list-style-type: disc;\"><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Aptos, sans-serif;\">J.D. or related field of study.&nbsp;</span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Aptos, sans-serif;\">Minimum of 6 years of relevant legal or claim handling work experience, ideally in the handling of professional liability claims, at an insurance carrier or in private practice.</span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Aptos, sans-serif;\">Demonstrated ability to effectively work through conflict and resolve issues with a professional demeanor.</span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Aptos, sans-serif;\">Ability to make sound decisions and negotiate terms and conditions within a designated authority limit.</span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Aptos, sans-serif;\">Time management skills with the ability to manage multiple priorities with attention to detail, work in a fast-paced environment and be able to effectively prioritize projects and assignments for multiple internal clients.</span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Aptos, sans-serif;\">Strong verbal and written communication skills with the ability to clearly articulate coverage determinations.</span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Aptos, sans-serif;\">Ability to build and maintain effective and collaborative relationships with colleagues, customers, and business partners.</span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Aptos, sans-serif;\">Must be a self-starter and work independently.</span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Aptos, sans-serif;\">Strong knowledge of Microsoft Office products as well as claims system skills required.</span></p></li></ul><p style=\"line-height: normal; text-align: center;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\">***This position may be filled at a different level, depending on experience***</span></p><p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><i>&nbsp;Compensation</i></span></p><p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><i>Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company.&nbsp;</i></span></p><p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><i>The annualized base pay range for this role is: $150,000 - $165,000.</i></span></p><p style=\"line-height: normal;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><i>Company Benefits</i></span></p><p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><i>The Company provides a competitive benefits package that includes the following (eligibility requirements apply):</i></span></p><p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><i>Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&amp;D, Work/Life Resources (including Employee Assistance Program), and more.</i></span></p><p style=\"line-height: normal; text-align: justify;\"><span style=\"color: rgb(51, 51, 51); font-family: Aptos, sans-serif;\"><i>Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary &amp; Non-Primary Caregiver) Retirement Benefits: Contributory Savings Plan (401k).</i></span></p><p style=\"text-align: justify;\"><span style=\"color: black;\"><span style=\"font-size: 11pt;\">Please be aware that Ascot Group’s job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses, if you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy. We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group.</span></span></p><p>#LI-Hybrid</p>",
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