VP, Claims, Healthcare
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Hybrid
Location: Chicago • Illinois • New Jersey • United States
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Salary
💰 $166,900 - $250,000 per year
Job Level
About the role
- Develop and maintain strong relationships with healthcare program partners, including providing regular reports, identifying trends, and advising on regulatory and legal developments impacting insured healthcare professionals.
- Identify and evaluate coverage issues, review coverage position letters, retain coverage counsel, and review legal opinions as needed.
- Develop and implement claims strategies that align with organizational goals and support efficient resolution of complex healthcare liability matters.
- Establish team goals, KPIs, and accountability frameworks to ensure operational excellence.
- Provide coaching, performance management, and development for claims managers and examiners.
- Collaborate with underwriting, risk management, defense counsel, and brokers to communicate claims developments and outcomes.
- Assess liability and damages, review investigative materials, and determine appropriate reserves for each claim.
- Review pleadings, expert reports, medical records, and other relevant case documentation.
- Prepare and present written and oral reports to senior leadership summarizing claim evaluations, recommendations, and reserve analyses.
- Negotiate resolutions of claims, including settlement discussions and mediation.
- Maintain accurate claim diaries, timely reserve postings, and prompt responses to internal and external inquiries.
- Travel as needed to attend internal meetings and events, mediations, hearings, and other claim‑related proceedings.
Requirements
- Bachelor’s degree required; Juris Doctorate preferred
- Minimum 10 years of experience in healthcare professional liability, medical malpractice claims, or related field
- Active adjuster licensing in applicable states or ability to obtain licensure within designated time frame
- Exceptional communication, analytical, negotiation, and interpersonal skills to effectively collaborate across teams
- Strong leadership skills with experience driving change and improving operational efficiency
- Proven ability to manage and mentor high-performing teams
- Strong organizational and time‑management abilities
- Demonstrated experience leading complex healthcare or medical malpractice claims
- Ability to work independently and in a collaborative team environment
- Proficiency in Microsoft Excel, PowerPoint, and Word.
- Willingness to travel up to 10% as required
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 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
- more
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
healthcare professional liabilitymedical malpractice claimsclaims strategiesliability assessmentnegotiationperformance managementKPI developmentclaims resolutionregulatory compliancecoverage evaluation
Soft Skills
communicationanalytical skillsnegotiation skillsinterpersonal skillsleadershiporganizational skillstime managementcollaborationcoachingmentoring
Certifications
Bachelor's degreeJuris Doctorateactive adjuster licensing