drjobs AVP, North American Claims Group

AVP, North American Claims Group

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1 Vacancy
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Job Location drjobs

New York City, NY - USA

Monthly Salary drjobs

$ 145000 - 160000

Vacancy

1 Vacancy

Job Description

Location: New York NY New Jersey or Farmington CT

Job Summary:

Investigate evaluate and resolve claims made against the Companys umbrella and excess general liability policies. Work closely with the Vice President of Excess Claims on many of the highest exposure claims in the department. Engage in collaborative projects in support of other areas of the company including underwriting actuarial finance and operations. Provide superior service to all customers whether internal or external.

Job Responsibilities:

Efficiently manage a vigorous load of claims involving a broad spectrum of accounts and coverages. Promptly analyze coverage draft accurate and timely coverage positions and manage litigation by effectively interacting with insureds brokers defense counsel underwriters and other parties as required. Establish timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management. Represent Company in the resolution of claims and participate in legal proceedings including mediations.

Work with other areas of the Company including underwriting finance and accounting actuarial operations and technology on projects as requested. Prepare claim summaries and other reports as necessary for management. Prepare Executive Claim reports and present on a quarterly basis to senior executives.

Meet with existing or prospective clients and brokers. Attend relevant industry conferences/meetings.

Compensation

The below annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below he listed range and determined by a number of considerations including but now limited to complexity location and scope of the role along with experience skills education training and other conditions of employment. Base salary represents one compensation of Allied World comprehensive total reward package which may also include annual incentive compensation rewards.

$145000 - $160000

Job Requirements

A minimum of 5-7 years experience handling liability insurance claims or related relevant experience.

Experience handling excess casualty claims is strongly preferred. Four-year college degree is required.

Substantial knowledge of issues underlying Casualty claims and coverage issues. Excellent negotiation and communication skills. Technical writing experience. Proficient with Microsoft Office products.

Ability to accurately and timely analyze coverage and instruct and collaborate with counsel regarding litigation strategy and claim resolution and resolve claims and otherwise act within the scope of delegated authority.

Special Requirements

Work requires the ability to quickly and accurately read comprehend analyze and produce written materials and to use a computer for long periods of time.Some travel required.

Fairfax is a holding company which through its subsidiaries is engaged in property and casualty insurance and reinsurance and investment management.

About Allied World

Allied World Assurance Company Holdings Ltd through its subsidiaries is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients cedents and trading partners with thoughtful service and meaningful coverages since are a subsidiary ofFairfax FinancialHoldings Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Our generous benefits package includes Health Dental and Disability Insurance a company match 401k plan and Group Term Life World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability veteran status or any other characteristic protected by law.

To learn more visit or follow us on Facebook at LinkedIn at Experience:

Exec

Employment Type

Full Time

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