AVP, D&O Claims

Job Summary

Investigate, evaluate, and resolve claims made against the Company’s insurance policies including public and private D&O, fiduciary, crime, and other professional lines policies. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations, and technology. Provide superior service to all customers, whether internal or external.

Job Duties

• 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 and other parties as required.
• Establish timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management.
• Represents the Company in the resolution of claims and participates 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.
• Meet with existing or prospective clients and brokers.
• Attend relevant industry conferences/meetings.

Job Requirements

• At least 7 years’ experience handling liability insurance claims or related relevant experience.
• Experience handling specialty lines claims is preferred.
• Four-year college degree is required, but J.D. is strongly preferred.
• Substantial knowledge of issues underlying insurance claims with a concentration on D&O, fiduciary, crime, and other professional lines claims.
• Excellent negotiation and communication skills.
• Some technical writing experience.
• Proficient with Microsoft Office products, internet research and typing.

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.

Pay

The salary range for this role is between: $115,000 – 140,000

Benefits

• Health, Dental and Disability Insurance
• A company match 401k plan
• Group Term Life Insurance

About the Role

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.