Counsel of Miscellaneous E&O and Management Liability Claims

Bowhead Insurance Company Inc

Chicago, IL

JOB DETAILS
SALARY
SKILLS
Actuarial Skills, Analysis Skills, Brokerage, Claims Processing, Communication Skills, Fiduciary, Healthcare, Insurance Underwriting, Managed Care, Operations Management, Presentation/Verbal Skills, Reporting Skills, Strategic Planning, Time Management, Underwriting, Writing Skills
LOCATION
Chicago, IL
POSTED
30+ days ago

Bowhead Specialty, partnering with American Family (rated A XV by A.M. Best) is a best in class insurance underwriting operation focused on Management Liability, Excess Casualty, Errors & Omissions and Healthcare. Our company is dynamic and growing. We encourage those who join us to be active participants in building our future.

Position Summary

Counsel, Miscellaneous E&O and Management Liability is responsible for the handling, management, and oversight of complex primary and excess Miscellaneous E&O and Management Liability claims, including Employment Practices and Fiduciary claims. The position reports to the Senior Counsel of Managed Care E&O & Miscellaneous E&O Claims.

Required Qualifications

  • Manage complex E&O and Management Liability claims including verifying coverage, conducting investigations, evaluating liability and damages, and developing resolution strategies
  • Effectively analyze, formulate and communicate coverage positions and decisions
  • Ensure all claims are managed in accordance with claims department service standards
  • Set appropriate and timely reserves
  • Assist underwriters with prospective business opportunities
  • Work with attorneys, brokers, and insureds regarding the proactive handling and resolution of complex claims
  • Prepare reports and other communications on potential exposure both within reposting structure and for other departments (e.g. underwriting and actuarial) and company management
  • Develop and maintain a panel of qualified business-specific vendors, defense and coverage attorneys

Additional Qualifications

  • 3 - 5 years of claims experience
  • Prior management experience
  • JD degree preferred
  • Superior analytical abilities
  • Excellent written and oral communication skills

Compensation $120k+ (based on experience) plus bonus

About the Company

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Bowhead Insurance Company Inc