Private D&O Claim Consultant

The Hartford; Naperville (IL); On-site; USD 122,000 - 184,000; Full time

Job summary

The Hartford is seeking a Claims Consultant for the Global Financial Lines Directors and Officers (D&O) Claims Group in the Naperville area. The role handles a caseload of claims-made Private and Non-Profit D&O claims from inception through disposition, including litigated matters.

A JD is preferred and a Bachelor's degree is required, with at least five years of relevant D&O or liability claim experience. The position offers a hybrid or remote work arrangement.

Qualifications

• Minimum of five years handling litigated D&O coverage and/or liability claims.
• Background in Public D&O or Financial Institutions, Financial Services Claims and Fiduciary (ERISA) Claims is a plus.
• Excellent oral and written communication skills.
• Excellent strategic thinking and execution skills.
• Advanced technical claim handling skills, including knowledge of insurance coverage issues.

Responsibilities

• Investigate claims and analyze information learned.
• Analyze coverage, liability and damages based on facts.
• Communicate positions to insureds and required parties.
• Set reserves and monitor for adjustments.
• Present cases to management for authority limits.
• Develop resolution strategies through negotiations.
• Manage litigation and counsel, including budgeting and bill review.
• Attend trials and mediations as needed.
• Prepare reports for senior claim leadership.

Skills

Communication skills

Negotiation

Claim handling

Time management

Education

Juris Doctorate degree preferred

Bachelor's Degree Required

Job description

Claims Consultant FL - CV07GE

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

The Hartford Global Financial Lines Directors and Officers (D&O) Claims Group currently has an open claim professional position. As a D&O claims professional, you will be responsible for handling a caseload of claims-made, Private and Non-Profit D&O Claims, from inception to final disposition. As these claims are often in litigation, experience handling litigated Management Liability Claims matters through resolution and managing defense counsel is required.

Responsibilities

• Conducting investigations and analyzing and evaluating the information learned
• Appropriately and accurately analyzing and determining coverage, liability and damages based upon the facts of each claim
• Communicating written position(s) to insured's and other required parties on coverage, liability damages and other issues
• Setting appropriate expense and indemnity reserves and monitoring on a regular basis for any needed adjustment
• Presenting cases to management for expense or indemnity reserve authority above established authority levels
• Developing and implementing resolution strategies through negotiations to achieve high quality outcomes
• Proactively managing litigation and counsel, inclusive of litigation planning and execution, budgeting and bill review
• Understanding and analyzing potential extra-contractual liability as needed
• Attending trials and mediations as necessary
• Contributing to broader claim and enterprise goals by participating in audits, projects, training and product development initiatives
• Preparing comprehensive reports and delivering presentations to senior claim leadership on case developments, policy issues, industry trends, etc.
• Providing support and working collaboratively with business partners to evaluate and address claim trends and developments
• Addressing inquiries from agents and policyholders, providing superior customer service
• Providing key training and marketing support to Underwriters
• Attend and present at various industry events each year on risk management and claims topics

Qualifications

• Juris Doctorate degree preferred, Bachelor’s Degree Required
• Minimum of five years handling litigated Private and Non-Profit D&O coverage and/or liability cases as defense counsel or claims handler.
• Background in Public D&O or Financial Institutions, Financial Services Claims and Fiduciary (ERISA) Claims is a plus,
• Candidate should be disciplined, results-oriented and able to focus on bottom line results
• Candidates are required to have knowledge and experience handling all aspects of Management Liability claims.
• Candidates should demonstrate the following:
• Excellent oral and written communication skills
• Excellent strategic thinking ability and execution skills
• Excellent negotiation and advanced technical claim handling skills, including knowledge of insurance coverage issues
• Superior time, task prioritization and desk management skills.
• An ability to communicate thoughts clearly and concisely, and to influence and persuade others
• Ability to work with only moderate amount of supervision and employ a "team player" attitude.

This role can have a Hybrid or Remote work arrangement. Candidates who live near one of our office locations (Hartford, CT, San Antonio, TX, Lake Mary, FL, Scottsdale, AZ, Naperville, IL, Alpharetta, GA) will have the expectation of working in an office 3 days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition.

$122,400 - $183,600

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age