Associate Director Claims Management

King of Prussia, PA - USA

Monthly Salary: $ 190000 - 223000

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Description

The Role

This role provides value-added claims leadership and management service for the management liability lines of coverage acts as a resource to the placement broker for complex technical coverage and placement issues facilitates the creation of thought leadership materials and participates in new business opportunities to help the FINEX Practice achieve its growth goals.

The Responsibilities

Assume responsibility for a robust book of claims and help populate the claims database
Confer with client and broker to tailor the policy language and program design to meet the clients needs
Advise clients of their claim related obligations under the policy and establish client-specific claims management procedures
Provide claims advocacy on behalf of the client by providing written responses to carrier coverage positions and by negotiating favorable claim resolutions in face to face meetings
Support new business efforts by participating in sales presentations and RFPs
Monitor the performance of carriers claim services for your clients
Participate in strategic client meetings as required
Maintain direct relationships with key clients markets and their respective outside legal counsel
Review and provide insightful commentary on new policy forms
Prepare white papers and newsletters concerning recent developments in the law and insurance marketplace

Responsibilities

Qualifications

The Qualifications

Law degree required
5 years of insurance or litigation experience
Brokers license within 1 year of obtaining this position
Working knowledge of management liability coverage lines of insurance
Knowledge of claim handling and claim adjudication processes and procedures
Strong communication skills both verbal and written at executive level
Ability to analyze and provide concise conclusions
Claims advocacy skills
Time management skills
Proficient computer skills relevant to Microsoft Office Outlook and web-based applications
Data analytics and benchmarking
Knowledge of laws legal codes procedures and processes involving insurance

This is a hybrid role based out of any US location.

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors including but not limited to location of the role individual competencies education/professional certifications qualifications/experience performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $190000 $223000 USD per year. This role is also eligible for an annual short-term incentive bonus.

Company Benefits (US locations)

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage) Dental Vision Health Savings Account Commuter Account Health Care and Dependent Care Flexible Spending Accounts Group Accident Group Critical Illness Life Insurance AD&D Group Legal Identify Theft Protection Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
Leave Benefits: Paid Holidays Annual Paid Time Off (includes paid state/local paid leave where required) Short-Term Disability Long-Term Disability Other Leaves (e.g. Bereavement FMLA ADA Jury Duty Military Leave and Parental and Adoption Leave) Paid Time Off (Washington State only)
Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers we will consider for employment qualified applicants with arrest and conviction records.

EOE including disability/vets

Required Experience:

Director

DescriptionThe RoleThis role provides value-added claims leadership and management service for the management liability lines of coverage acts as a resource to the placement broker for complex technical coverage and placement issues facilitates the creation of thought leadership materials and partic...