VP, Professional & Executive Risk, ProEx Claims

Responsibilities

• Claims advocate and facilitator on behalf of client
• Consultation with clients on claim issues involving Directors & Officers, Errors & Omissions, Employment Practices, and Fiduciary coverages
• Review and recommend solutions to coverage, quantum and claim handling management issues
• Negotiate with insurers, adjusters and lawyers to expedite and obtain fair settlement of claims
• Participate in sales presentations to prospective clients
• Assist the client in preparing special claims servicing instructions focusing on the client’s specific needs and taking into consideration the structure of their insurance programs
• Review and comment on policy wordings for account teams
• Review of claims with clients/insurers/loss adjusters regularly

Qualifications & Skills

• Post-secondary education (J.D. required)
• 8-12 years of experience handling financial lines claims (including financial institutions and private equity) and related coverage issues within the insurance industry
• Knowledge and/or experience with professional and management liability lines of insurance coverage with detailed understanding of the following coverages: Directors & Officers, Errors & Omissions, Employment Practices, and Fiduciary Liability
• Holds or commits to obtain appropriate state license within probationary period
• Aware of relevant insurance legislation and major insurance-related court decisions
• Prior experience in claims consultation with larger risk accounts
• Strong communication skills - both verbal & written, as well as effective time management and organizational practices
• Results-oriented with strong client service emphasis and focus
• Excellent interpersonal and strong negotiating skills

Benefits

• Comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts
• Paid-time-off benefits such as vacation, sick, and personal days
• Eligible bonuses, equity and commissions for some positions

About Us

HUB International is a team of entrepreneurs dedicated to protecting and supporting the aspirations of individuals, families, and businesses. We provide a boundaryless array of business insurance, employee benefits, risk services, personal insurance, retirement, and private wealth management products and services.