Daniel J. Maloney, Jr., J.D., M.B.A.
Dover, NJ **801
Cell: 973-***-****
Email: ***.*.*********@*****.***
www.linkedin.com/in/DanMaloneyJDMBA
SUMMARY OF QUALIFICATIONS
Claims professional with more than 15 years of experience adjusting complex claims involving large exposure losses in the following areas: general liability, commercial property, construction risks, energy, oil and gas, E&O, D&O, and professional liability. Possesses superior coverage analysis, denial letter writing, litigation management, analytical ability, and negotiation skills.
CORE COMPETENCES
Audit Procedures Strategic Planning Litigation Management
Relationship Management Subrogation Analysis Vendor Relations
Best Practices Cost Reduction Initiatives Negotiation
Skills: Microsoft Office Suite (Outlook, Word, Excel, Access, Power Point), Visio, Lexus, and Westlaw.
WORK EXPERIENCE
Property Claims Representative – Contract Assignment
Berkshire Hathaway Guard Insurance – Parsippany, NJ September 2019 – December 2019
Adjust commercial property claim assigned to the fast track property unit. Closed approximately 70 claim files in under 2 months.
Evaluate coverage and draft disclaimer letters for myself and the department.
Property Claims Adjuster – Contract Assignment
Mitsui Sumitomo Insurance Group – Warren, NJ September 2017 – December 2017
Handled all stages of property claims from submission to resolution involving assignment, investigation, coverage, loss adjustment, and valuation of loss.
Reviewed policies for coverage evaluation and drafted denial letters.
Compliance Auditor
Business Credentialing Services – Morristown, NJ 2016 – 2017
Examined certificates of insurance and endorsements to ensure compliance with contractual terms for vendor services as required by commercial real estate investment firms.
Provided customer support to agents, vendors, and tenants to resolve insurance issues.
Senior Claims Representative – Contract Assignment
Gallagher Bassett Services, Inc. – Parsippany, NJ November 2014 – January 2015
Reviewed construction defect claims to analyze coverage and policy information.
Analyzed specific coverage classifications for approximately 1,200 files.
Senior Claims Specialist
DeWitt Stern Group – NYC, NY May 2013 – September 2013
Adjusted claims with insurance carriers for commercial accounts dealing with professional liability, D&O, E&O, casualty, and commercial property for over 900 files.
Property Claims Examiner – Contract Assignment
RCA Insurance – Clifton, NJ 2012 - 2013
Adjusted property losses to restaurants and taverns as a result of Superstorm Sandy as part of a long-term assignment. Responsible for adjustment of approximately 300 claims.
Claims Manager – Reinsurance Claims
Everest Global Services – Liberty Corner, NJ 2007- 2010
Sustained 500 to 700 open reinsurance claims covering multiple lines of businesses including: commercial property, energy, oil and gas, inland marine, general casualty, auto liability, D&O, E&O, professional liability, and employer liability.
Conducted audits of cedent insurance companies to evaluate how their claims are handled as well as determining areas for improvement in their claim handling process.
Complex Claims Director
American International Group (AIG) – Jersey City, NJ 2003 - 2007
Reduced the company’s exposure $6,000,000 by successfully negotiating a settlement for a complex Hurricane Katrina claim dealing with contingent business interruption coverage.
Realized $1,500,000 in exposure by successfully managing litigation surrounding a coverage issue on a complicated motor truck cargo theft loss.
Business Consultant / Relationship Liaison – Litigation Management
American International Group (AIG) – Parsippany, NJ 2002 - 2003
Identified 10% savings in annual litigation fees by revitalizing current legal invoicing procedures and pinpointing areas in which the processes and systems could be improved.
Secured $2,000,000 annually in savings by leading legal knowledge management project to improve how the company and claim professionals utilized outside legal resources.
EDUCATION AND LICENSES
Juris Doctor (J.D.) Roger Williams University School of Law Bristol, RI
Masters (M.B.A. – Finance) Montclair State University Montclair, NJ
Bachelor of Science (B.S.) Pace University – Criminal Justice Pleasantville, NY
Admitted Member – New Jersey State and Federal Bar Associations
Adjuster License: Texas
Volunteer Activities: Volunteer Firefighter – 6 years
Youth Hockey Coach – 2 years