Private D&O Claim Consultant
About The Position
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. The Hartford Global Financial Lines Directors and Officers (D&O) Claims Group currently has an open claim professional position. As a D&O claims professional, you will be responsible for handling a caseload of claims-made, Private and Non-Profit D&O Claims, from inception to final disposition. As these claims are often in litigation, experience handling litigated Management Liability Claims matters through resolution and managing defense counsel is required.
Requirements
- Bachelor’s Degree Required
- Minimum of five years handling litigated Private and Non-Profit D&O coverage and/or liability cases as defense counsel or claims handler.
- Candidates are required to have knowledge and experience handling all aspects of Management Liability claims.
- Excellent oral and written communication skills
- Excellent strategic thinking ability and execution skills
- Excellent negotiation and advanced technical claim handling skills, including knowledge of insurance coverage issues
- Superior time, task prioritization and desk management skills.
- An ability to communicate thoughts clearly and concisely, and to influence and persuade others
- Ability to work with only moderate amount of supervision and employ a “team player” attitude.
Nice To Haves
- Juris Doctorate degree preferred
- Background in Public D&O or Financial Institutions, Financial Services Claims and Fiduciary (ERISA) Claims is a plus
Responsibilities
- Conducting investigations and analyzing and evaluating the information learned
- Appropriately and accurately analyzing and determining coverage, liability and damages based upon the facts of each claim
- Communicating written position(s) to insured's and other required parties on coverage, liability damages and other issues
- Setting appropriate expense and indemnity reserves and monitoring on a regular basis for any needed adjustment
- Presenting cases to management for expense or indemnity reserve authority above established authority levels
- Developing and implementing resolution strategies through negotiations to achieve high quality outcomes
- Proactively managing litigation and counsel, inclusive of litigation planning and execution, budgeting and bill review
- Understanding and analyzing potential extra-contractual liability as needed
- Attending trials and mediations as necessary
- Contributing to broader claim and enterprise goals by participating in audits, projects, training and product development initiatives
- Preparing comprehensive reports and delivering presentations to senior claim leadership on case developments, policy issues, industry trends, etc.
- Providing support and working collaboratively with business partners to evaluate and address claim trends and developments
- Addressing inquiries from agents and policyholders, providing superior customer service
- Providing key training and marketing support to Underwriters
- Attend and present at various industry events each year on risk management and claims topics
Benefits
- short-term or annual bonuses
- long-term incentives
- on-the-spot recognition
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
