What are the responsibilities and job description for the AVP, North American Claims Group position at Allied World?
Location: New York, NY, New Jersey, or Farmington, CT
Job Summary:
Investigate, evaluate, and resolve claims made against the Company’s umbrella and excess general liability policies. Work closely with the Vice President of Excess Claims on many of the highest exposure claims in the department. Engage in collaborative projects in support of other areas of the company, including underwriting, actuarial, finance and operations. Provide superior service to all customers, whether internal or external.
Job Responsibilities:
· Efficiently manage a vigorous load of claims involving a broad spectrum of accounts and coverages. Promptly analyze coverage, draft accurate and timely coverage positions, and manage litigation by effectively interacting with insureds, brokers, defense counsel, underwriters and other parties as required. Establish timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management. Represent Company in the resolution of claims and participate in legal proceedings, including mediations.
· Work with other areas of the Company including underwriting, finance and accounting, actuarial, operations and technology on projects as requested. Prepare claim summaries and other reports as necessary for management. Prepare Executive Claim reports and present on a quarterly basis to senior executives.
· Meet with existing or prospective clients and brokers. Attend relevant industry conferences/meetings.
Salary : $145,000 - $160,000