AVP, Casualty Claims – Excess
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Hybrid
Location: New York City • New Jersey • New York • United States
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Salary
💰 $170,000 - $195,000 per year
Job Level
About the role
- Cultivate a departmental culture that excels in communication and collaboration
- Drives the development, implementation and continuous planning, organizing and leading of all claim programs, metrics, processes, results and initiatives across the Middle Market Excess claims unit and the E&S and Retail Energy claims unit.
- Leads, directs and has full management accountability for Claims staff with an emphasis on talent management and succession planning in accordance with corporate strategic direction
- Collaborates with Underwriting, Risk Management, Actuarial, and other stakeholders to ensure knowledge sharing on market trends, legal changes, portfolio management and loss developments
- Manage staff performance; implement strategies and plans to address staff development; identify and address training needs on an ongoing basis
- Responsible for cost containment strategies including allocated and unallocated expenses within the Claims operation
- Assist with development of Claims annual operational goals, objectives and budgets
- Manage and ensure accurate and timely case reserving
- Communicate effectively with Underwriters, brokers and reinsurers on relevant claim developments
- Attend mediations, arbitrations, depositions, trials, as necessary
- Perform other duties and/or projects as assigned
Requirements
- Bachelor’s degree; Juris Doctorate degree preferred
- 10-12 years working experience in legal environment or the insurance industry managing a team supporting commercial accounts for high exposure Excess Casualty claims, litigation, and coverage.
- Desire experience in Energy, Oil & Gas.
- Demonstrated people management and development skills in a service/account management role
- Detailed technical knowledge of general liability claims handling with the ability to advise Casualty Claims Examiners on the handling of complex injury and coverage cases
- Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint, and Word
- 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 problem-solving, critical thinking, analytical, organizational, and time management skills
- Ability to analyze, organize, and present information in a clear and succinct manner
- Ability to take part in active strategic discussions
- Ability to work independently and in a team environment
- Willing and able to travel 15%
Benefits
- 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 Off
- 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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
claims managementgeneral liability claims handlingcase reservingcost containment strategieslitigationcoverage analysistalent managementsuccession planningportfolio managementmetrics development
Soft Skills
communicationcollaborationpeople managementproblem-solvingcritical thinkinganalytical skillsorganizational skillstime managementnegotiatinginterpersonal skills
Certifications
Bachelor's degreeJuris Doctorate degree