Senior Claims Examiner - Executive Assurance

Arch Insurance Group Inc.; New York (NY); Sur place; USD 123 000 - 192 000; Plein temps

Avantages offerts par ce poste

Comprehensive benefits

401k with matching

PTO 20 days per year

Volunteer Time Off

Résumé du poste

Arch Insurance Group Inc. is seeking a Senior Claims Examiner to actively manage a diverse caseload including D&O and Financial Lines. The role requires reviewing coverage, assessing liability and damages, and coordinating with counsel and brokers to resolve matters.

Ideal candidates hold a Juris Doctorate with 5-7+ years of management liability claims experience, plus active adjuster licensing. Travel 15-20% is expected as part of the role, with a strong emphasis on strategic claims

Qualifications

• Juris Doctorate degree required.
• 5-7+ years of experience handling management liability claims.
• Adjuster licensing in applicable states preferred.
• Exceptional communication, negotiating, and interpersonal skills.
• Strong time management and organizational skills.
• Hands-on experience with Excel, PowerPoint and Word.
• Willing to travel 15-20%.

Responsabilités

• Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel when necessary.
• Develop and implement strategy relating to coverage issues and liability/damages matters.
• Maintain contact with claim staff, underwriting, defense counsel, and brokers.
• Investigate claims and review insureds' materials, pleadings, and documents.
• Review jurisdictional statutes, rules, and case law.
• Review litigation materials including depositions and expert reports.
• Analyze coverage, liability and damages for reserve recommendations.
• Retain counsel and direct them per resolution strategy.
• Present written/oral reports to senior management on issues and reserves.
• Travel to mediations, trials and proceedings within the United States.

Connaissances

Communication

Negotiation

Time management

Teamwork

Attention to detail

Formation

Juris Doctorate degree

Outils

Microsoft Excel

PowerPoint

Microsoft Word

Description du poste

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Position Overview

The Claims Division is seeking a team member to join the Executive Assurance Team as Senior Claims Examiner. In this role, the responsibilities include but are not limited to actively manage and effectively oversee assigned caseload for a variety of claims, including Public D&O, Private Company D&O, Financial Lines, Private Equity, Transaction Risk and Commercial Crime related claims.

Primary 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 strategy to resolve matters of liability and damages of a particular case
• Maintain contact with the claim staff, business line leaders, underwriters, defense counsel, and brokers
• Investigate claim and review the insureds' materials, pleadings, and other relevant documents
• Identify and review of each jurisdiction's applicable statutes, rules, and case law
• Review litigation materials including depositions and expert's reports
• Analyze and direct risk transfer, other insurance 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 evaluation 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
• Review and evaluate defense counsel invoices for reasonableness and process associated payments
• Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to claims inquiries from insured, counsel, underwriters, brokers, and senior management

Qualifications

• Juris Doctorate degree required
• 5-7 plus years of work experiencehandling management liability claims process at a carrier, broker, or law firm
• Proper adjuster licensing in all applicable states preferred
• Exceptional communication (written and verbal), evaluation, 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
• Ability to take part in active strategic discussions
• 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 15-20%

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.

For Chicago: $111,100 - $172,465/year

For NYC/NJ: $123,400 - $191,628/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.
• Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a 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. Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.