Title: Claims Director Company: Everest Insurance Company Job Category: Claims Job Description: Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including: • Generous tuition/continuing education reimbursement • Mentoring opportunities • Flexible work arrangements • Talent development initiatives • Networking groups Everest Insurance, a member of Everest Re Group, Ltd., has an opportunity for an experienced claims professional to join our Claims team as a Claims Director. The ideal candidate should possess the ability to handle complex Primary and Excess Management and Professional Liability claims with respect to Financial Lines, Transactional Liability (Reps & Warranties) and/or Private Equity insurance policies. More particularly, the ideal candidate will be able to analyze insurance coverage issues and resolve claims according to certain Best Practices and within stated authority limits relative to the Financial Lines, Transactional Liability and/or Private Equity segments. Responsibilities include but not limited to: Reviewing and analyzing complex coverage issues and preparing coverage positions letters Investigating, analyzing, and evaluating liability and damages Managing and directing outside counsel; reviewing & approving legal budgets and fee statements Preparing Large Claim Reports related to matters of significant reserve and trial activity Timely and appropriately setting case reserves Developing and executing negotiation and resolution strategies Monitoring and attending trials, mediations and settlement conferences Engaging with underwriting supporting policy construction and drafting, reporting claim trends, data analysis and risk assessment Extensive communications with insureds, brokers, reinsurers and other business contacts Attending client meetings and industry functions to support retention and development of client relationships and business. Qualifications, Education & Experience: The ideal candidate will have a minimum of 3 years of private equity and transactional liability claims experience along with following: Strong oral and written communication skills Strong analytical and organizational skills; Strong negotiation and investigation skills. Excellent interpersonal skills Ability to evaluate coverage involving a wide variety of loss scenarios and ability to think strategically In-depth knowledge of the litigation, arbitration, and trial process Currently holds or can readily obtain all required adjuster licenses. Knowledge of insurance industry, claims and the insurance legal and regulatory environment Ability to identify and use relevant data and metrics to best manage claims; Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal department efficiency Ability to and willingness to present to senior management and other stakeholders Ability to resolve complex disputed claims; J.D. (currently licensed) / experience practicing law preferred Travel required For NYC Only: The base salary range for this position is $130,000 - $180,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. Our Culture 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. Diversity, Equity and Inclusion. 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. This includes day to day interactions with fellow colleagues, and the global communities we serve. #LI-Hybrid #LI-CK1 Type: Regular Time Type: Full time Primary Location: New York, NY Additional Locations: Warren, NJ Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com) EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.