Claims Examiner, General Liability

Arch Capital; Morristown (NJ); On-site; USD 80,000 - 124,000; Full time

Benefits offered by this job

Medical plans

Dental/Vision coverage

Prescription drug coverage

401k matching

PTO 20 days

Job summary

Arch Insurance Group Inc., AIGI, is seeking a Claims Examiner for the Mid Corp Casualty Team to actively manage commercial general liability and excess policies across the United States. The role emphasizes coverage analysis, strategy development, and coordination with carriers, defense counsel, and brokers.

Ideal candidates hold a bachelor’s degree, 3–5 years of Casualty claims experience with primary/excess carriers and active adjuster licenses in applicable states, plus travel about 10% for

Qualifications

• Bachelor's degree required.

Responsibilities

• Identify and assess coverage issues and draft coverage position letters.
• Retain coverage counsel when necessary and review opinions.
• Develop and implement strategy related to coverage issues.
• Review claims materials and relevant documents.
• Investigate claims and review insureds' materials and pleadings.
• Identify applicable statutes/rules/case law by jurisdiction.
• Review litigation materials including depositions and expert reports.
• Direct risk transfer and indemnity issues; retain counsel as needed.
• Analyze coverage, liability and damages for reserves recommendations.
• Prepare written/oral reports to senior management.
• Travel to mediations/trials within the United States.
• Negotiate resolution of claims.
• Maintain diary of all claims and respond to inquiries.

Skills

Exceptional communication

Time management

Strategic discussions

Teamwork

MS Excel

MS PowerPoint

MS Word

Travel up to 10%

Education

Bachelor's degree

Active adjuster licensing in applicable states

Tools

Excel

PowerPoint

Word

Job description

Position Summary

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, the responsibilities include actively managing commercial general liability claims for medium severity, and general liability, as well as the 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 any/all 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

Experience & Required Skills

• 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%

Education

Bachelor's degree required.

Three to five (3-5) years of working experience with a primary and or excess carrier supporting commercial accounts for Casualty claims; with Casualty and Construction a plus

Proper & active adjuster licensing in all applicable states

Location / Salary

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

• Atlanta: $61,900 - $96,100/year
• Philadelphia/Hartford: $71,900 - $111,700/year
• For Morristown/JC/NYC/Long Island: $79,900 - $124,000/year

Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

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

and more.