VP, Professional & Executive Risk, ProEx Claims

Position Summary Working within the Claims Department in a client‑facing role, the successful candidate will apply their experience in providing interpretation of policy language, coverage analysis, advocacy, coverage and dispute resolution, act as liaison between clients, adjusters, lawyers and insurance companies, claims management and other related client services. A successful candidate will have experience handling professional and executive liability claims in the financial institutions and private equity space. The Claims Department's mandate is to deliver claims consulting services to clients, and advocate for our clients in resolving any issues relating to their loss, i.e., coverage disputes, policy interpretation, settlement disputes, etc. Responsibilities Claims advocate and facilitator on behalf of client Consultation with clients on claim issues involving Directors & Officers, Errors & Omissions, Employment Practices, and Fiduciary coverages Review and recommend solutions to coverage, quantum and claim handling management issues Negotiate with insurers, adjusters and lawyers to expedite and obtain fair settlement of claims Participate in sales presentations to prospective clients Assist the client in preparing special claims servicing instructions focusing on the client’s specific needs and taking into consideration the structure of their insurance programs Review and comment on policy wordings for account teams Review of claims with clients/insurers/loss adjusters regularly Qualifications & Skills Post‑secondary education (J.D. required) 8–12 years of experience handling financial lines claims (including financial institutions and private equity) and related coverage issues within the insurance industry Knowledge and/or experience with professional and management liability lines of insurance coverage with detailed understanding of the following coverages: Directors & Officers, Errors & Omissions, Employment Practices, and Fiduciary Liability Holds or commits to obtain appropriate state license within probationary period Possesses excellent knowledge of coverage and analytical skills in policy interpretation Aware of relevant insurance legislation and major insurance‑related court decisions Prior experience in claims consultation with larger risk accounts Strong communication skills - both verbal & written, as well as effective time management and organizational practices Results‑oriented with strong client service emphasis and focus Excellent interpersonal and strong negotiating skills Compensation and Benefits The expected salary range for this position is $200,000 – $235,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid‑time‑off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions. HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. E-Verify Program: We endeavor to make this website accessible to any and all users. #J-18808-Ljbffr HUB International