Director, Claims - Coverage

Everest Group • Warren, NJ

3d • $150,000 - $200,000 • Hybrid

About The Position

About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world. Job Summary: The Director, Claims - Coverage will manage claims-related coverage litigation involving Everest Insurance companies and provide coverage support to Claims and Underwriting. The position will report to the VP of Claims – Coverage. This is a hybrid position based in Warren, NJ working 3 days onsite, 2 remote. At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company.

Requirements

• Extensive coverage litigation experience in state and federal courts as practicing attorney and/or claims professional
• Demonstrated experience handling complex coverage matters
• Excellent presentation skills
• Strong organizational skills with ability to effectively time manage and multi-task
• Highly collaborative, growth mindset with ability to initiate and develop relationships with internal and external stakeholders
• Strategic thinker with innovative and solution-oriented approach to conflict resolution
• JD required

Responsibilities

• Responsible for all aspects of claim-related lawsuits and arbitrations involving Everest companies, ensuring that appropriate and cost-effective resolution strategies are in place
• Oversee and manage day-to-day litigation activities in partnership with Claims, Law and Underwriting colleagues and counsel
• Maintain “Best Practices” for handling coverage litigation, including budgeting, reserving, and implementing appropriate resolution strategies
• Supervise outside counsel and ensure compliance with guidelines for coverage counsel with respect to litigated and non-litigated matters, in collaboration and consultation with internal stakeholders
• Provide pre-litigation coverage support to N.A. Claims team to prevent unnecessary litigation, drive quality and consistency of coverage positions, and strategies across all lines of business
• Present to senior management on matters presenting significant exposures or matters with broader legal and/or strategic implications
• Support Underwriting with respect to policy wording/drafting and analyzing impact of policy language
• Collaborate with Law Department on bad faith claims and/or extra-contractual matters arising out of claims handling

Benefits

• access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: Ph.D. or professional degree