AVP, D&O Claims

Allied World•Farmington, CT

19h•$115,000 - $140,000

About The Position

Investigate, evaluate, and resolve claims made against the Company’s insurance policies including public and private D&O, fiduciary, crime, and other professional lines policies. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations, and technology. Provide superior service to all customers, whether internal or external.

Requirements

At least 7 years’ experience handling liability insurance claims or related relevant experience.
Four-year college degree is required, but J.D. is strongly preferred.
Substantial knowledge of issues underlying insurance claims with a concentration on D&O, fiduciary, crime, and other professional lines claims.
Excellent negotiation and communication skills. Some technical writing experience. Proficient with Microsoft Office products, internet research and typing.
Ability to accurately and timely analyze coverage and instruct and collaborate with counsel regarding litigation strategy and claim resolution and resolve claims and otherwise act within the scope of delegated authority.
Work requires the ability to quickly and accurately read, comprehend, analyze and produce written materials and to use a computer for long periods of time.
Some travel required.

Nice To Haves

Experience handling specialty lines claims is preferred.
J.D. is strongly preferred.

Responsibilities

Efficiently manage a vigorous load of claims involving a broad spectrum of accounts and coverages.
Promptly analyze coverage, draft accurate and timely coverage positions, and manage litigation by effectively interacting with insureds, brokers, defense counsel and other parties as required.
Establish timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management.
Represent Company in the resolution of claims and participate in legal proceedings, including mediations.
Work with other areas of the Company including underwriting, finance and accounting, actuarial, operations and technology on projects as requested.
Prepare claim summaries and other reports as necessary for management.
Meet with existing or prospective clients and brokers.
Attend relevant industry conferences/meetings.