Jobs · OTHR · New York

Assistant Vice President, Casualty Claims

Ascot Group · New York, NY · 1 mo ago
HybridOTHR$170k–$180k/yrFull-time

About the role

Join Ascot Group, a preeminent specialty risk underwriting organization designed as a modern-era company operating through an ecosystem of interconnected global platforms. We are united by a common mission and purpose: One Ascot. Our strength lies in a talented team that thrives in a collaborative, inclusive, and entrepreneurial culture, guided by underwriting excellence, integrity, and a passion for innovation—The Ascot Way.

The Ascot Way drives our people and organization, fostering collaboration across underwriting platforms to deploy capital creatively through our unique Fusion Model: Client Centric, Risk Centric, and Technology Centric. Built for resilience, Ascot maximizes client financial security while delivering bespoke products and world-class service, both pre- and post-claims. We solve for our clients’ brightest tomorrow through agility, collaboration, resilience, and discipline.

Ascot is embedding artificial intelligence (AI) and automation to enhance decision-making, efficiency, and quality of outcomes. In this role, you will work alongside AI-enabled tools, apply sound judgment when interpreting insights, and adapt as technology evolves. We value curiosity, critical thinking, and a willingness to embrace change.

Responsibilities

  • End-to-end management and direct handling of primary and excess casualty liability claims according to policy coverage and state requirements.
  • Identify, evaluate, and analyze coverage issues; prepare comprehensive coverage letters for claims handled directly by Ascot.
  • Work closely with outside counsel to ensure cost-effective and appropriate litigation management strategies for optimal outcomes.
  • Maintain proactive oversight and/or supervision of retained outside vendors and their billing practices and invoices.
  • Proactively negotiate settlement of claims within designated authority level.
  • Deliver presentations to internal business partners and external clients on severity and trends of Casualty claims.
  • Travel to attend mediations, industry conferences, settlement and claim conferences, trials, depositions, and assist with Ascot’s marketing efforts.
  • Perform other duties as assigned.
  • Embody The Ascot Way in daily interactions, fostering colleague engagement, development, collaboration, inclusivity, and individual accountability.

Requirements

  • Minimum of 10 years of Casualty Claims experience.
  • Experience working with high-exposure claims and complex towers of insurance coverage.
  • Ability to work in a fast-paced environment and prioritize multiple client projects.
  • Demonstrated ability to work on a team, interact with others, meet deadlines, and perform in a changing work environment.
  • Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint).
  • Excellent interpersonal communication and negotiation skills.
  • Strong high-exposure/complex claim evaluation skills.
  • Strong collaboration and partnership skills.
  • High degree of influencing skills.
  • Must hold multiple adjusters’ licenses or be willing to obtain licenses where needed.
  • Juris Doctorate Degree preferred, but not required.
  • Availability for occasional travel.

This position may be filled at a different level, depending on experience.

Pay

The annualized base pay range for this role is $170,000 - $180,000. Actual base pay may vary based on factors including but not limited to experience, subject matter expertise, and skills. Base pay is one component of Ascot’s total compensation package, which may also include annual cash bonus and other discretionary awards.

Benefits

The Company provides a competitive benefits package (eligibility requirements apply), including:

  • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
  • Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state/local leave where required), Short-term Disability, Long-term Disability, and other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver).
  • Retirement Benefits: Contributory Savings Plan (401k).

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