Program & Assumed Re Claims, AVP
Program & Assumed Re Claims, AVP
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$ 140000 - 160000
1 Vacancy
Job Description
IAT Insurance Group has an immediate opening for a Program & Assumed Re Claims AVP that can be located at any IAT location listed below. This role will provide oversight and management of MGA/TPA business partner claims associated with MGA Program accounts. This role works a hybrid schedule; Monday through Wednesday in the office with the option of working Thursday and Friday remotely.
- AZ Scottsdale
- CT Cheshire
- FL Sarasota
- GA Alpharetta
- IL Naperville
- IL Rolling Meadows
- KS Overland Park
- NC Raleigh
- NE Omaha
- NJ Jersey City
- NJ Newark
- Review analyze and approve coverage inquiries/letter drafts from MGA/TPA claim partners
- Maintain 24-hour customer service response time with respect to Program Account claim inquiries
- Review analyze and approve reserve/settlement referrals received from MGA/TPA claim partners within assigned authority level
- Recognize and direct subrogation/contribution opportunities associated with Program Account claim referrals
- Monitor and provide direction to MGA/TPA claim management on complex/high exposure litigation claims including extra-contractual and bad faith litigation matters
- Provide technical claim guidance to MGA/TPA business partners on claims involving complex coverage liability and damages issues
- Maintain claim file diaries monitor and direct Program Account large loss/complex claim files to resolution to achieve best financial outcome and timely resolution in accordance with Claim Servicing Agreements
- Conduct annual Program Account claim audits and report results to Program leadership
- Manage MGA/TPA compliance with DOI complaints/inquiries
- Manage MGA/TPA compliance with Medicare Section 111 due diligence/reporting requirements
- Respond to miscellaneous Program Account business partner inquires/requests
- Report large loss and adverse claim development trends to Program leadership
- Attend weekly Assumed Re Pipeline meetings and Assumed Re new/renewal treaty Deal-pit meetings
- Occasionally participate in Assumed Reinsurance claim audits
- Report to senior management and underwriters insurance coverage issues claim trends and developments
- Participate in quarterly actuarial claim reviews
- Perform other duties as needed
- Bachelors degree and 12 years of claims experience in Excess and Surplus lines or equivalent
- Equivalent is defined as 16 years of Excess and Surplus multi-line property and casualty claims experience including Commercial General Liability Property Commercial Auto Garage Inland Marine Umbrella/Excess Professional Liability and Personal Lines coverages
- CPCU ASLI and/or ARe designation
- Strong litigation management knowledge
- Strong Claim management experience
- Ability to work with limited oversight under broad management direction
- Ability to adjudicate highly complex claims and insurance coverage disputes with the highest degree of technical complexity
- Ability to regularly exercise discretion and independent judgment with respect to matters of significance. This role primarily faces problems and issues that are complex and require an understanding of a broader set of issues.
- Must have polished and professional verbal and written communication skills to present information accurately and effectively
- Ability to build lasting business relationships
- Demonstrate innovative thinking and regularly shares ideas to help the team whenever possible
- To qualify applicants must be authorized to work in the United States and must not require VISA sponsorship now or in the future for employment purposes.
- Juris Doctor
At IAT were committed to driving and building an open and supportive culture for all. Our employees propel IAT forward driving innovation stable partnerships and growth. Thats why we continue to build an engaging workplace culture to attract and retain the best talent.
- 26 PTO Days (Entry Level) 12 Company Holidays 38 Paid Days Off
- 7% 401(k) Company Match and additional Profit Sharing
- Hybrid work environment
- Numerous training and development opportunities to assist you in furthering your career
- Healthcare and Wellness Programs
- Opportunity to earn performance-based bonuses
- College Loan Assistance Support Plan
- Educational Assistance Program
- Mentorship Program
- Dress for Your Day Policy
All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
To view details of our full benefits please visit Experience:
Exec
Employment Type
Full-Time
