[Remote] Complex Claims Consultant - Financial Lines/Public D&O
Note: The job is a remote job and is open to candidates in USA. CNA Insurance is one of the premier providers of professional liability insurance, and they are currently seeking a Complex Claims Consultant in their Financial Lines Claims team. The role involves managing high severity D&O and E&O claims, conducting investigations, negotiating settlements, and ensuring compliance with insurance regulations.ResponsibilitiesManages an inventory of highly complex litigated claims, with large exposures that require a high degree of specialized technical expertise and coordination, by following company protocols to verify policy coverage, conduct investigations, develop and employ resolution strategies, and authorize disbursements within authority limitsEnsures exceptional customer service by managing all aspects of the claim, interacting and communicating professionally and effectively, achieving quality and cycle time standards, providing timely updates and responding promptly to inquiries and requests for informationVerifies coverage and establishes timely and adequate reserves by reviewing and interpreting policy language and partnering with coverage counsel on more complex matters, estimating potential claim valuation, and following company's claim handling protocolsLeads focused investigation to determine independent assessment of liability and damages by gathering pertinent information, such as contracts or other documents, as necessary to verify the facts of the claimResolves claims by collaborating with internal and external business partners to develop, own and execute a claim resolution strategy, that includes management of timely and adequate reserves, collaborating with coverage experts, negotiating complex settlements, partnering with counsel to manage complex litigation and authorizing payments within scope of authorityDirectly negotiates and resolves cases where appropriate and participates in mediations and settlement conferences to resolve filesAttends trial as necessaryEstablishes and manages claim budgets by achieving timely claim resolution, selecting and actively overseeing appropriate resources, authorizing expense payments and delivering high quality service in an efficient mannerRealizes and addresses subrogation/salvage opportunities or potential fraud occurrences by evaluating the facts of the claim and making referrals to appropriate Claim, Recovery or SIU resources for further investigationAchieves quality standards by appropriately managing each claim to ensure that all company protocols are followed, work is accurate and timely, all files are properly documented and claims are resolved and paid timelyKeeps senior leadership informed of significant risks and losses by completing loss summaries, identifying claims to include on oversight list, and preparing and presenting succinct summaries to senior managementMaintains subject matter expertise and ensures compliance with state/local regulatory requirements by following company guidelines, and staying current on commercial insurance laws, regulations or trends for line of businessMentors, guides, develops and delivers training to less experienced Claim ProfessionalsSkillsBachelor's Degree or equivalent experienceTypically a minimum six years of relevant experience, preferably in Professional Liability claim handling or a minimum of six years in a law firm handling Professional Liability mattersMust have or be able to obtain and maintain an Insurance Adjuster License within 90 days of hire, where applicablePrior negotiation experienceAdvanced technical and product specific expertise, claims resolution skill and knowledge of insurance and claims principles, practices and proceduresThorough knowledge of the commercial insurance industry, products, policy language, coverage, and claim practicesStrong communication, negotiation and presentation skills both verbal and written, including the ability to communicate business and technical information clearlyDemonstrated analytical and investigative mindset with critical thinking skills and ability to make sound business decisions, and to effectively evaluate and resolve ambiguous, complex and challenging business problemsStrong work ethic, with demonstrated time management and organizational skillsAbility to work in a fast-paced environment at high levels of productivityDemonstrated ability to negotiate complex settlementsExperience interpreting complex commercial insurance policies and coverageAbility to manage multiple and shifting priorities in a fast-paced and challenging environmentKnowledge of Microsoft Office Suite and ability to learn business-related softwareDemonstrated ability to value diverse opinions and ideasJuris DoctorateProfessional designations preferred (e.g. CPCU)BenefitsExcellent work/life balance opportunitiesStrong benefits packageComprehensive and competitive benefits packageCompany OverviewCNA is one of the largest U.S. commercial property and casualty insurance companies. It was founded in 1897, and is headquartered in Chicago, Illinois, USA, with a workforce of 5001-10000 employees. Its website is http://www.cna.com.Company H1B SponsorshipCNA Insurance has a track record of offering H1B sponsorships, with 4 in 2026, 30 in 2025, 32 in 2024, 25 in 2023, 43 in 2022, 32 in 2021, 14 in 2020. Please note that this does not guarantee sponsorship for this specific role.