AVP, Environmental Claims, North American Claims Group

Allied World•Iselin, NJ

2d•$135,000 - $150,000•Onsite

About The Position

Manage the investigation, evaluation, and resolution of claims asserted against the Company's Environmental policies. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations and technology.

Requirements

A minimum of 5 years’ experience handling liability insurance claims or related relevant experience although experience in handling professional liability claims is preferred.
Bachelor’s degree is required, but a J.D. is preferred.
Strong leadership and communication skills with substantial knowledge of issues underlying a variety of Environmental, claims.
Excellent negotiation and communication skills including technical writing.
Ability to manage internal and external relationships and staff development.
Ability to develop and implement departmental policies and procedures, 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 read, comprehend and analyze written materials quickly and to use a computer for long periods of time.
Some travel required.

Nice To Haves

Experience in handling professional liability claims is preferred.
A J.D. is preferred.

Responsibilities

Efficiently manage a vigorous claim volume involving a broad spectrum of accounts and coverages. Ensure the prompt analysis of coverage, issuance of accurate and timely coverage position letters, manage litigation, and interact with insureds, brokers, defense counsel, underwriters and other parties as required. Effectuate the establishment of timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management.
Approve reserves, payments and other actions consistent with authority.
Conduct periodic claim file reviews and monitor claim litigation.
Provide back-up for claim staff.
Interact with underwriters concerning claims trends and strategic initiatives.
Interact with legal & compliance as necessary regarding enhancements/modifications to policy forms and endorsements.
Meet with actuaries and finance as required.
Interact with claim operations as necessary regarding enhancements to claims systems and other operational issues.
Assist with claims related queries in internal and external audits.
Work with reinsurers as needed.