Claims Examiner, General Liability
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About the role
Arch Insurance Group Inc., AIGI, has an opening with the Claims Division on the Mid Corp Casualty Team as a Claims Examiner, Casualty. In this role, you will actively manage commercial claims for medium severity, general liability, and associated excess and umbrella policies in jurisdictions throughout the United States.
Responsibilities
- Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel when necessary, as well as review coverage counsel's opinion letters and analysis
- Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care
- Develop and implement timely and accurate resolution strategies to ensure mitigation of indemnity and expense exposures
- Maintain contact with associated claims carrier(s)’ claims staff, business line leader, underwriter, defense counsel, program manager, and broker to communicate developments and outcomes as necessary
- Investigate claims and review the insureds' materials, pleadings, and other relevant documents
- Identify and review each jurisdiction's applicable statutes, rules, and case law
- Review litigation materials including depositions and expert's reports
- Analyze and direct risk transfer, additional insured issues, and contractual indemnity issues
- Retain counsel when necessary and direct counsel in accordance with resolution strategy
- Analyze coverage, liability, and damages for purposes of assessing and recommending reserves
- Prepare and present written/oral reports to senior management setting forth all issues influencing evaluations and recommending reserves
- Travel to and from locations within the United States to attend mediations, trials, and other proceedings relevant to the resolution of the matter
- Negotiate resolution of claims
- Select and utilize structure brokers
- Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to inquiries from the insured, counsel, underwriters, brokers, and senior management regarding claims
Requirements
- Three to five (3-5) years of working experience with a primary and/or excess carrier supporting commercial accounts for Casualty claims; Casualty and Construction experience a plus
- Exceptional communication (written and verbal), evaluating, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines
- Strong time management and organizational skills
- Demonstrated ability to take part in active strategic discussions
- Demonstrated ability to work well independently and in a team environment
- Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint, and Word
- Willing and able to travel 10%
Qualifications
- Bachelor’s degree or 6 years of commercial Claims experience in lieu of degree
- Proper & active adjuster licensing in all applicable states
Pay
Base salary range is as follows (position is incentive eligible):
- O'Fallon/Alpharetta: $61,900 - $96,100/year
- Chicago: $71,900 - $111,700/year
- Morristown/JC: $79,900 - $124,000/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization, as well as business needs.
Benefits
- Multiple medical plans plus dental, vision, and prescription drug coverage
- Competitive 401k with generous matching
- PTO beginning at 20 days per year
- Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
- Basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care