AVP/VP, Environmental Claims

Allied WorldWoodbridge Township, NJ
3d

About The Position

Manage the investigation, evaluation, and resolution of claims asserted against the Company’s Environmental policies. Manage claims pending. 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

  • A minimum of 5 years’ experience managing and handling environmental liability insurance claims or related relevant experience.
  • Four-year college degree is required.
  • JD required.
  • Knowledge of claims, legal and coverage issues in all U.S. jurisdictions.
  • Excellent negotiation and communication skills.
  • Strong technical skills and writing experience.
  • Proficient with Microsoft Office products, internet research and Genius.
  • Ability to accurately and timely analyze coverage, draft coverage position letters and instruct and collaborate with counsel regarding litigation and coverage strategies, negotiate and resolve claims and otherwise act within scope of delegated authority.
  • Compliance with multi-state adjuster licensing requirements.
  • Position 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 strongly 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.
  • Effectively manage and oversee the day-to-day administration of claims, including reviewing coverage position letters and responding to requests for authority.
  • Serve as claims liaison between the insureds and the Company, including responding to claims and related issues.
  • Conduct periodic claim audits, prepare audit reports, and approve service invoices.
  • Provide monthly reports outlining the data available and attend monthly meetings with direct supervisor.
  • 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 company sponsored training events and relevant industry conferences/meetings.

Benefits

  • Health and Dental Insurance
  • 401k plan
  • Group Term Life Insurance

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

Ph.D. or professional degree

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