Assistant Vice President, Claims

Hamilton

8d•Remote

About The Position

We're looking for an Assistant Vice President, Claims based in the US and reporting to US-based Insurance Claims Coordinator, you will be responsible for Property/D&F and Casualty Claims management. Hamilton Re is our Bermuda insurer underwriting property, casualty and specialty insurance and reinsurance, on a global basis. What you will help us do Property/DF Claims management to achieve high standards of productivity, operational efficiency and alignment of organizational goals Management of Excess Casualty Claims on as needed basis Provide high level of technical expertise and oversight to junior staff Examine new and existing claims, including the review of contractual wordings to prepare assessments of coverage Evaluate actual and potential liability exposures, and recommend accurate and timely reserves Identify exposures and claim trends which may affect the portfolios Provide feedback on claims and trends to underwriting and stakeholders. Maintain accurate and up-to-date claim files and diary system Draft case summary reports in connection with potential significant reserve increases Prepare management reports and present at claims meetings Attend external client meetings, broker and networking events as appropriate Provide backup support to other areas as requested Participate in special projects as required Ensure compliance with internal corporate guidelines, processes and procedures Other duties as required by management Some travel as required What you will do Financial Lines Claims management to achieve high standards of productivity, operational efficiency and alignment of organizational goals Management of Excess Casualty Claims on as needed basis Provide high level of technical expertise and oversight to junior staff Examine new and existing claims, including the review of contractual wordings to prepare assessments of coverage Evaluate actual and potential liability exposures, and recommend accurate and timely reserves Identify exposures and claim trends which may affect the portfolios Provide feedback on claims and trends to underwriting and stakeholders. Maintain accurate and up-to-date claim files and diary system Draft case summary reports in connection with potential significant reserve increases Prepare management reports and present at claims meetings Attend external client meetings, broker and networking events as appropriate Provide backup support to other areas as requested Participate in special projects as required Ensure compliance with internal corporate guidelines, processes and procedures Other duties as required by management Some travel as required

Requirements

Minimum of 10 years’ Property/DF claims experience in progressively senior roles
Willingness to manage Excess Casualty Claims
Law degree and member of the Bar in a US jurisdiction
Proven ability to provide coverage, liability and damages analysis for complex Property/D&F claims
Solid knowledge of contract terms and structures
Strong negotiation skills
Significant complex problem-solving experience
A personal commitment to superior performance
Strong communication skills
Ability to prioritize and manage deadlines
Ability to work both independently and collaboratively as part of a team
Must demonstrate a high level of initiative and leadership skills
Excellent time management, problem solving, and organizational skills are required
Proficiency in Microsoft Office suite, with advanced Excel skills

Nice To Haves

Excess Casualty claims experience is advantageous
Bermuda market experience is advantageous
Insurance designation such as RPLU or CPCU is advantageous
Knowledge of SICS, Image Right or a similar system is advantageous

Responsibilities

Property/DF Claims management to achieve high standards of productivity, operational efficiency and alignment of organizational goals
Management of Excess Casualty Claims on as needed basis
Provide high level of technical expertise and oversight to junior staff
Examine new and existing claims, including the review of contractual wordings to prepare assessments of coverage
Evaluate actual and potential liability exposures, and recommend accurate and timely reserves
Identify exposures and claim trends which may affect the portfolios
Provide feedback on claims and trends to underwriting and stakeholders.
Maintain accurate and up-to-date claim files and diary system
Draft case summary reports in connection with potential significant reserve increases
Prepare management reports and present at claims meetings
Attend external client meetings, broker and networking events as appropriate
Provide backup support to other areas as requested
Participate in special projects as required
Ensure compliance with internal corporate guidelines, processes and procedures
Other duties as required by management
Some travel as required
Financial Lines Claims management to achieve high standards of productivity, operational efficiency and alignment of organizational goals