About the role

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.

Aplyr's read

TransRe is a global reinsurance powerhouse, attracting professionals skilled in risk assessment and claims management to navigate complex global insurance landscapes.
Synthesized from recent postings & public sources

What's promising

•TransRe's global presence offers employees exposure to diverse markets and reinsurance challenges.
•The company invests in specialized roles, indicating a commitment to expertise and professional growth.
•TransRe's robust client base provides a stable and varied workload for its employees.

What to watch

•The reinsurance industry is highly susceptible to global economic fluctuations and natural disasters.
•Limited public information about TransRe's internal culture and employee satisfaction.
•Navigating complex regulatory environments may pose challenges for employees in certain roles.

Why TransRe

•TransRe emphasizes niche roles like Complex Claims Examiner, highlighting its focus on specialized skills.
•The company's international operations offer unique cross-border professional experiences.
•TransRe's focus on both facultative and treaty reinsurance sets it apart in the industry.

Aplyr’s read is generated by AI from public sources. Was it useful?