AVP, Environmental Claims, North American Claims Group

AVP, Environmental Claims, North American Claims Group

Job Summary: Manage the investigation, evaluation, and resolution of claims asserted against the Company's Environmental policies. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations and technology.

Job Duties:

• 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.
• Approve reserves, payments and other actions consistent with authority.
• Conduct periodic claim file reviews and monitor claim litigation.
• Provide back-up for claim staff.
• Interact with underwriters concerning claims trends and strategic initiatives.
• Interact with legal & compliance as necessary regarding enhancements/modifications to policy forms and endorsements.
• Meet with actuaries and finance as required.
• Interact with claim operations as necessary regarding enhancements to claims systems and other operational issues.
• Assist with claims related queries in internal and external audits.
• Work with reinsurers as needed.

Qualifications

Compensation: The below annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations, including but not limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one component of Allied World's comprehensive total reward package, which may also include annual incentive compensation rewards. Salary range: $135,000 - $150,000

Job Requirements:

• A minimum of 5 years' experience handling liability insurance claims or related relevant experience although experience in handling professional liability claims is preferred.
• Bachelor's degree is required, but a J.D. is preferred.
• Strong leadership and communication skills with substantial knowledge of issues underlying a variety of Environmental, claims.
• Excellent negotiation and communication skills including technical writing.
• Ability to manage internal and external relationships and staff development.
• Ability to develop and implement departmental policies and procedures, analyze coverage and instruct and collaborate with counsel regarding litigation strategy and claim resolution, and resolve claims and otherwise act within the scope of delegated authority.
• Work requires the ability to read, comprehend and analyze written materials quickly and to use a computer for long periods of time. Some travel required.

About Allied World

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.