Claims Manager, D&O

Starr Companies • New York, NY

158d • $140,000 - $160,000

About The Position

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. This position will be responsible for the active management of D&O and other Financial Lines claims within the Financial and Professional Lines (FLPL) Claims Group. The successful candidate will be required to evaluate coverage, draft coverage correspondence, undertake claims investigations, manage defense counsel and legal spend, assess liability and financial exposure, and effectively negotiate cost effective, good faith claims resolutions.

Requirements

• Bachelor's degree and Juris Doctor preferred.
• 5+ years of experience in the insurance/legal profession dealing specifically with FLPL claims.
• Experience handling primary private and non-profit D&O, fiduciary liability (ERISA) and fidelity claims preferred.
• In-depth understanding of policy language/coverage.
• Experience managing, evaluating, mediating and negotiating FLPL claims.
• In-depth knowledge of the U.S. legal system, civil litigation, and ADR proceedings.
• Comprehensive understanding and knowledge of federal and state laws applicable to various claims presented under FLPL policies.
• Strong interpersonal and communication skills, both verbal and written.

Nice To Haves

• Carrier experience.

Responsibilities

• Manage D&O and other Financial Lines claims within the FLPL Claims Group.
• Evaluate coverage and draft coverage correspondence.
• Undertake claims investigations.
• Manage defense counsel and legal spend.
• Assess liability and financial exposure.
• Negotiate cost effective, good faith claims resolutions.

Benefits

• First class training and development opportunities.

What This Job Offers

• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree