AVP, Claims

W. R. Berkley; Naperville (IL); Presencial; USD 150 000 - 175 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Annual discretionary bonus

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Wellness program

Paid time off

401(k) and profit-sharing plans

Resumo da oferta

Berkley Surety in Naperville, IL seeks a senior claims professional with extensive surety and construction claim experience. The role focuses on resolving complex claims, managing reserves, and guiding junior staff while coordinating with underwriting and external counsel as needed.

The candidate will leverage advanced negotiation, legal knowledge and leadership to drive favorable outcomes, contributing to a robust claims operation and a strong risk-management culture.

Qualificações

• Minimum 4-year degree (JD, MBA or CPCU preferred).
• Ten years of experience in surety, legal or construction claims with progressive responsibility.

Responsabilidades

• Review and understand surety coverage and assess claimant positions.
• Investigate claims and set reserves with management input.
• Develop strategies to resolve claims and minimize losses.
• Mentor junior staff and support department administration.
• Provide technical claims expertise to underwriting as needed.
• Collaborate with outside counsel and consultants as required.

Conhecimentos

Complex claims knowledge

Negotiation skills

Leadership

Mentoring

Microsoft Word

Excel

PowerPoint

BSG in-house systems

Formação académica

JD preferred

MBA preferred

CPCU preferred

Ferramentas

Microsoft Word

Excel

PowerPoint

BSG in-house systems

Descrição da oferta de emprego

Company Details

Berkley Surety is a highly professional, service-oriented surety underwriting management company, providing a full spectrum of bonds for contract, environmental, and commercialsurety accountsthrough multiple distribution channels in both the United States and Canada. We write on behalf of W. R. Berkley Corporationmember companyBerkley Insurance Company, which has an A.M. Best rating of A+ (Superior). We pride ourselves on building strong relationships with our agents. We highly value the insight and expertise our agency partners bring to the table which helps us provide timely and predictable surety solutions.

Company URL: www.berkleysurety.com

Responsibilities

Achieves prompt and efficient resolution of all claims in order to minimize exposure or loss and maximize recoveries to the Company. Supports the professional development of other claims department team members through supervision, mentoring or coaching.

• Reviews and understands surety bond coverage in light of bond terms and applicable law and accurately assesses the surety’s position with regard to the claim.
• Independently investigates the claim including assessing the claimant’s and principal’s positions.
• Sets and maintains timely and accurate reserves in consultation with management.
• Develops and executes effective strategies for resolution of claims to mitigate the surety’s losses.
• Preserves, protects and maximizes the surety’s salvage and subrogation opportunities;
• Supports a “no surprises” culture of openness and transparency by providing timely, accurate, current and ongoing analysis, information and reports as to claims status to management.
• Assists Head of Claims or directly supervises the professional development of junior employees through supervision, mentoring and coaching.
• Assists the Head of Claims with department administration and preparing information, reports and presentations to senior management.
• Assists underwriting as may be requested by providing technical claims expertise in assessing risks and exposures; and
• Performs other duties as assigned.

Qualifications

Education Requirement

• Minimum 4-year degree -- JD, MBA or CPCU is preferred and for a JD, admission to practice law in at least one state is desirable.
• A minimum of Ten years of experience in the surety, legal or construction business with at least nine years of progressively increasing responsibility in handling surety or commercial construction claims and/or construction project completions.

Qualifications: Include necessary skills/experience and core competencies required

• Superior knowledge of complex contract and commercial surety claims (e.g. non-routine claims, multiple parties with competing claims, litigation in multiple jurisdictions) and ability to think both strategically and practically (in considering factors such as jurisdictional environment, internal and external bond relationships in order to support claims team in developing strategies to achieve the desired claims resolution.
• Ability to take the initiative, assume ownership, and independently manage all aspects of low to high complexity surety or construction claims with minimal supervision, including effectively directing and supervising outside legal counsel and consultants.
• Ability to effectively and positively supervise, coach or mentor others to achieve consistently improving professional and technical knowledge, skills and abilities in surety claims handling.
• Advanced skills in Microsoft Word, Excel and PowerPoint with ability to quickly master BSG in-house systems.
• Maintains state, law or professional adjuster licenses as directed including complying with all CE/CLE requirements.
• Expert negotiation skills.
• Expert interpersonal, written and oral communication skills
• Expert understanding of and familiarity with both traditional litigation and the Alternative Dispute Resolution (ADR) processes is preferred.

• The Company is an equal employment opportunity employer.

Additional Company Details

We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including:

• Base Salary Range: $150-$175k
• Eligible to participate in annual discretionary bonus
• Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role