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Claims Consultant LPL
Company : Nautilus Insurance Company
Location : Chicago, IL, 60661
Job Type : Full Time / Part Time
Date Posted : 2 January 2026
Company Details
Berkley Select delivers professional liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations.
As a Berkley company, Berkley Select is staffed with a team of experts with a specific focus on Professional Liability. Berkley Select utilizes individual risk underwriting, loss control, and claims practices to provide superior products and services to its customers.
Berkley Select is a Berkley Company. W. R. Berkley, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB).
Company URL: https://www.berkleyselect.com
The company is an equal employment opportunity employer.
Responsibilities
This role will be based in our Chicago office, or other locations for highly qualified candidates, and will be responsible for the handling, oversight and overall management of professional liability claims, with a focus on lawyer and accountant liability. Individual should be a technical expert in the interpretation of complex or unusual claims-made and reported policy coverages. Under limited management direction, will analyze, coordinate and resolve claims within assigned limits of broad authority. Individual should have strong writing skills.
- Manages complex investigations of professional liability claims including identifying insurance coverage issues, liability, compensability and damages. Determines if a claim should be settled or litigated and implements an appropriate resolution strategy accordingly. Effectively manages loss costs and claim expenses.
- Manages all types of investigative activity or litigation on claims, including the posting of appropriate reserves in a timely manner. Coordinates discovery and litigation strategy with panel attorneys and/or counsel retained by the insured.
- Negotiates complex settlement packages through mediations and alternative dispute resolution mechanisms.
- Makes recommendations on claims processes and resolution strategies to management. Drafts concise and well written large loss reports for reporting to senior management.
- Prepares and presents claims to management and other internal business partners and clients.
- Strong knowledge of lawyer, accountant malpractice and the process of litigation.
- Works with attorneys, account representatives, agents, and insureds regarding the handling and/or disposition of highly complex claims.
- Regular and predictable attendance required.
Qualifications
- Juris Doctorate strongly preferred.
- At least 6 years professional liability claims experience, strong background in accountant and lawyer malpractice claims.
- Advanced technical and product specific expertise, claims resolution skill and knowledge of insurance claims principles, practices and procedures.
- Strong background in fully comprehending complex claim facts and issues, implementing strategies with a proactive long-term view of business goals and objectives and evaluating claims based on a cost benefit analysis.
- Creativity in resolving unique and challenging business problems.
- Strong skills needed in communications, negotiation and presentation skills.
- Advanced analytical and problem solving skills.
- Prioritization and organization of multiple projects.
- Effectively manage ambiguous situations, issues and adapt to change.
- Strong interpersonal and team participation skills.
Additional Company Details
The position is based in Chicago; in-office four days per week. We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes: Base Salary Range: $100,000 - $150,000. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. This role is eligible to participate in the annual discretionary bonus program. Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.Sponsorship Details
Sponsorship not Offered for this RoleRelated Jobs
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Frequently asked questions
In Chicago, a Claims Consultant Lpl specializes in managing complex professional liability claims, including lawyer and accountant malpractice. This role demands a deep understanding of local legal nuances and insurance policies, ensuring claims are handled efficiently while balancing risk and cost considerations specific to the Chicago market.
Employers prioritize candidates with advanced knowledge of claims-made policies and litigation processes in professional liability. Strong analytical skills and experience negotiating settlements in lawyer and accountant malpractice claims are highly valued, highlighting the need for precision and strategic thinking in this specialized field.
Claims Consultant Lpl roles often lead to senior claims management or specialist underwriting positions. Mastery over complex claim evaluations and resolution strategies enhances prospects for leadership roles, particularly within companies focused on professional liability, reflecting a career trajectory grounded in technical expertise and strategic decision-making.
Nautilus Insurance Company emphasizes technical proficiency and collaborative problem-solving for Claims Consultant Lpl roles. The company fosters an environment where detailed claim analysis and team communication are crucial, aligning with its commitment to delivering superior professional liability insurance services and maintaining a strong internal support network.
At Nautilus, Claims Consultant Lpl professionals manage intricate liability claims with a focus on lawyer and accountant malpractice, requiring tailored litigation strategies and proactive loss control. The role includes preparing detailed reports for senior management, reflecting a higher emphasis on comprehensive claim oversight within a specialized insurance segment.
The salary for Claims Consultant Lpl roles in Chicago typically ranges from $100,000 to $150,000, influenced by factors such as claim complexity, candidate expertise, and negotiation skills. Benefits and bonus eligibility also enhance total compensation, making the position financially attractive in the professional liability insurance sector.
Chicago's robust insurance industry means moderate to high competition for Claims Consultant Lpl roles. Candidates with specialized knowledge in malpractice claims, strong negotiation abilities, and prior experience in professional liability tend to stand out, reflecting the city's demand for technically skilled claims professionals.
With a four-day in-office week, Claims Consultant Lpl candidates should explore Chicago’s extensive public transit networks such as the CTA trains and buses. Proximity to the company’s downtown office or accessible routes can significantly ease daily commutes, balancing work-life and transportation efficiency.
A Juris Doctorate is highly favored for Claims Consultant Lpl roles, supplemented by certifications like Chartered Property Casualty Underwriter (CPCU) or Associate in Claims (AIC). These credentials demonstrate advanced technical knowledge and commitment to professional development, valued in Illinois’ liability claims sector.
One misconception is that Claims Consultant Lpl roles are purely administrative. In reality, they require strategic claim evaluation, negotiation, and legal insight, especially concerning professional liability. This role blends technical analysis with proactive problem-solving, far beyond routine claims processing.