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Position Overview
The Claims Division is seeking an AVP/VP Claims to join our Midcorp and Entertainment Team. In this role responsibilitiesinclude but not limited to actively managing and effectively overseeing assigned team members and Claims professionals on casualty claims related to coverage liability and damages for middle market commercial accounts.
Specific duties include but not limited to the below:
- Provide technical expertise and oversight to Claims Examiners with analysis and handling of coverage issues as wells as complex claims
- Manage Trial Committee process to include review of cases set for trial assist in development of a resolution strategy oversee reporting process to Home Office
- Travel to and from such locations within the United States to attendmediations and trials of complex cases
- Complete general liability and automobile liability reserve reviews of accounts
- Oversee Control Activities to include:
- BI Predictive Modeling System
- Review of Large Loss Snapshot
- Reserve Reviews
- Conduct training sessions on current topics and facilitate both internal and external partnership calls to discuss issues of concern with U/W actuarial and Risk Engineering team members.
- Partner with other business unit leadership team members to ensure consistency in process and quality claim handling across business units
- Identify opportunities for loss cost reduction and support strategies that result in improved financial outcomes
- Address state and federal regulatory issues (Medicare issues state insurance department audits/complaints state workers compensation board requirements etc.)
- Work on various claims related projects as needed
Qualifications
- Bachelors degree required; JD preferred.
- Minimum of 10 years working experience in the insurance industry handling coverage issues and New York Labor Law claims
- 5-7 years of multi-line experience as a front-lineclaims adjuster/supervisor as well as experience in a service/account management role
- Detailed technical knowledge of automobile and general liability claims handling with the ability to advise Claims Examiners on the handling of complex injury and property damage cases; knowledge in the handling of construction related claims is helpful but not required
- Ability to analyze complex coverage issues and draft coverage disclaimers/Reservation of Rights letters
- Liability Claims Audit experience
- Hands-on experience and strong aptitude with Microsoft Excel PowerPoint and Word
- Exceptional communication (written and verbal) evaluating influencing negotiating listening and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines
- Strong problem-solving critical thinking analytical organizational and time management skills
- Ability to take part in active strategic discussions
- Ability to work independently and in a team environment
- Excellent presentation skills & abilityto make decisions in a team-based environment
- Willing and able to travel 10%
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For individuals assigned or hired to work in the location(s) indicated below the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
Click here to learn more on available benefits.
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14400 Arch Insurance Group Inc.
Required Experience:
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