Errors & Omissions (E&O) Claims Specialist

Salary160000
LocationAlbany
Job type Permanent
DisciplineCarrier
Reference144224

Job description

Job Summary

Seeking an experienced and detail-oriented E&O Claims Specialist to join a dynamic team.

Compensation

  • $150,000 - $160,000/year (based on experience) + bonus opportunities
  • Competitive benefits package, paid time off, professional development opportunities, etc.

Responsibilities

  • Investigate and manage E&O claims from initiation to resolution.
  • Analyze and interpret Errors & Omissions insurance policies, coverage, and exclusions.
  • Conduct detailed investigations, including document reviews, interviews, and collaborating with legal counsel.
  • Assess the validity of claims and determine appropriate reserves.
  • Negotiate settlements with claimants, attorneys, and other involved parties.
  • Prepare detailed reports and documentation on claim activity and outcomes.

Requirements

  • Bachelor’s degree in a related field or equivalent work experience.
  • Juris Doctorate preferred
  • Minimum of 5 years of experience in handling E&O claims
  • Strong knowledge of E&O insurance products, policies, and legal frameworks.
  • Ability to work independently and manage complex claims efficiently.

Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.

#LI-MW1