Director, Credit Claims

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About Everest:

Everest is a global leader in risk management rooted in a rich 50 year heritage of enabling businesses to survive and thrive and economies to function and flourish. We are underwriters of risk growth progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders who care deeply about our impact on communities and the wider world.

About the Role:

Direct Handle Surety & Trade Credit/Political Risk Claims and Pre-Claim Matters. Investigate contract and commercial surety bond claims; Structured Credit/Trade Credit/Project Finance Pre-Claim/Claims. Work within specific limits of authority on assignments of significant technical complexity and coordination. Utilizing claims policies and guidelines reviews coverages investigates and determines liability; compensability; identify and implements loss mitigation strategies; negotiates and resolves claims.

Essential Duties & Responsibilities:

• Performs a combination of duties in accordance with departmental guidelines.

• Interprets complex bond coverages and determines if coverages apply to claims submitted escalating issues as needed.

• Sets reserves and authorizes payments within scope of authority.

• Ensures issuance of disbursements while managing loss costs and expenses.

• Coordinates and performs investigations and evaluates claims and suits through contact with principals claimants business partners counsel and experts.

• Seeks early resolution opportunities; utilizes negotiation skills to develop complex settlement packages; identifies claims with recovery potential and coordinates with subrogation/salvage unit.

• Partners with attorneys account representatives agents underwriters and principals to develop a focused strategy for timely and cost-effective resolution of more complex claims.

• Analyzes claims activities. Prepares and presents reports for management. May be responsible for special projects and presentations.

• Responsible for input of data that accurately reflects claim circumstances and other information important to our business outcomes.

• May provide guidance and assistance to other claims staff and functional areas.

• Partner with Underwriting in Marketing the Surety Product.

• Provide Underwriting with Data and Metrics regarding.

• Keeps current on state/international regulations and issues as well as industry activity and trends.

Skills Knowledge and Abilities

• Solid knowledge of claims and surety/trade credit/political risk and insurance industry theory and practices.

• Demonstrated technical expertise and product specific knowledge.

• Strong interpersonal communication and negotiation skills. Ability to effectively interact with all levels of Everests internal and external business partners.

• Ability to work independently managing time and resources to accomplish multiple tasks and meet deadlines.

• Strong analytical and problem-solving skills enabling viable alternative solutions.

• Ability to exercise independent judgement and make critical business decisions effectively assessing the merits of claims as well as evaluating claims based on a cost benefit analysis.

• Solid knowledge of Microsoft Office Suite as well as other business-related software.

• Ability to adapt to change and value diverse opinions and ideas.

• Ability to fully comprehend claim information; and to further articulate analyses of claims in internal reports.

• Ability to handle claims with a proactive long-term view of business goals and objectives.

Education and Experience

• JD preferred or CPA.

• A minimum 3 to 5 years claims experience.

The base salary range for this position is $134000 - $187300 annually. The offered rate of compensation will be based on individual education experience qualifications and work location. All offers include access to a variety of benefits to employees including health insurance coverage an employee wellness program life and disability insurance 401k match retirement savings plan paid holidays and paid time off (PTO).

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What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.

• Our Valuesare the guiding principles that inform our decisions actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.

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