Core Specialty Insurance Holdings, Inc.

Business Analyst

• Responsible for development and maintenance of periodic reports
• Revises rates for various programs and prepares filing memoranda to obtain insurance department approval
• Aids in designing and pricing new products or rating plans
• Analyzes experience and performs miscellaneous research activities
• Assists in developing management reports that are used to monitor performance, behavior, and results of company goals and objectives
• Assist actuaries in other matters as needed.

Actuary

• Support our growing Primary and Excess Casualty business
• Monitor portfolio performance and evaluate new business opportunities
• Conduct studies to refine pricing methodologies and assumptions
• Provide actuarial insights to underwriting and business partners
• Assist with development of new rating tools
• Help prepare monthly, quarterly, and/or ad-hoc reports
• Support pricing of new and existing programs and product lines
• Analyze company and industry data for actuarial analyses
• Prepare summaries of actuarial analyses for distribution
• Prepare for and progress in the CAS examinations

Actuarial Associate – Pricing

General

• manage, examine & analyze submissions forwarded to Core Specialty by our brokers
• determine if the risk is a targeted class of business
• determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk
• execution of E&O business plans and objectives
• build Core Specialty’s reputation and presence in the E&O market
• provide prompt and accurate customer service on policy transactions
• ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies
• provide documented evidence of underwriting activities and decisions in files as required
• support Company and Department goals and objectives
• build Core Specialty’s relationships with our brokers
• carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance, and Core’s Specialty’s shared values, including putting clients at the heart of our business.

Senior Underwriter – E&O

• Reviews and investigates referrals to the SIU to identify suspicious indicators of potential fraud committed by claimants, insureds, agents, brokers, providers, and attorneys
• Evaluate SIU referrals to establish if there are suspicious elements present that might warrant a SIU investigation
• Prepare concise investigative plans of action
• Submit assignments to vendors for various investigative tasks when warranted and manage those assignments while controlling costs
• Conduct data analysis and utilize analytical tools to identify suspicious claims
• Prepare and submit investigative reports detailing and documenting all phases of an investigation to assist in the resolution of the claim
• Compile and submit referrals to the NICB, Departments of Insurance, and other law enforcement agencies as warranted

Senior SIU Investigator

Claims Specialist

• Ensure compliance with established claim handling guidelines regarding coverage, investigation, liability, damages, evaluation, and resolution.
• Provide oversight on claims portfolios within the primary casualty book.
• Maintain direct contact with insureds, agents, and brokers.
• Provide oversight on claims portfolios handled by TPAs within the excess casualty book.
• Engage in rigorous ALAE control and management, by competently selecting, instructing, and managing 3rd party vendors, as appropriate.
• Gather and analyse information necessary to make an accurate evaluation of the claim by delivering effective resolution of claims, make decision within established authority levels and identifying settlement issues.
• Establish reserves pursuant to established reserving protocols and reserve authority procedures.
• Successfully and proactively resolve complex and/or high exposure claims, promptly limiting exposure to the Company.
• Substantial involvement in mediation negotiations will be required.
• Adhere to the Panel Counsel Program and all Litigation Management Guidelines.
• Meet all Reporting Requirements by completing reports timely and accurately, including Large Loss Reports, etc.
• Liaise and attend meetings with the underwriting team regarding claim trends and other areas of interest.
• Work with external customers to address questions, resolve problems and maintain rapport.
• Occasional domestic travel may be required to attend mediations and/or trials.
• Undertaking general office administrative duties as and when required.
• Proactively expanding and maintaining awareness of the current market/industry and attend continuing educations programs when available.
• In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.

Claims Examiner – Commercial Healthcare

Underwriter

• Perform data entry into policy administration systems
• Process tasks accurately and timely to maintain departmental productivity, quality, and service standards
• Create new business / renewal accounts in the appropriate system(s) and filing all relevant documentation
• Process and issue policies accurately and within established standards
• Process and issue endorsements, accurately, and within established standards
• Confirm all binder information is accurate in appropriate system(s) before booking the policy.
• Review and maintain underwriting files to warrant a satisfactory file completion.
• Process Broker of Record changes timely and create and distribute applicable broker correspondence
• Correspond with underwriters, brokers, and cross functional teams.

Underwriting Assistant

• Ensure the efficient and effective management of all information necessary to support the underwriting activities of the organization
• Process incoming submissions, including clearance, review of information received and data entry into the system
• Assist Underwriter with confirming new/renewal business conditions and subjectivities
• Process Requests to Bind including electronic delivery of Binder Confirmations and invoices to agents
• Prepare policy output that complies with company standards/guidelines
• Monitor Underwriter workflow when Underwriters are traveling and/or out of the office
• Perform underwriting/policy audit review; summarize audit results and recommend corrective action as required
• Participate in departmental projects as required