Sr Claims Examiner, Excess Casualty (unsupported)

Claims Specialist

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Position Summary

Arch Insurance Group Inc., AIGI, has an opening with the Claims Division on the Excess Casualty Team as a Claims Specialist. In this role, the responsibilities include actively managing commercial claims for unsupported Excess Casualty high severity, complex general liability, and auto accounts and providing oversight to underlying carrier(s) claims handlers for coverage, liability, and damages in jurisdictions throughout the United States.

Responsibilities

Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel, when necessary, as well as review coverage counsel's opinion letters and analysis

Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care

Develop and implement timely and accurate resolution strategies to ensure mitigation of indemnity and expense exposures

Maintain contact with the underlying carrier(s)' claims staff, business line leader, underwriter, defense counsel, program manager, and broker to communicate developments and outcomes as necessary

Investigate claims and review the insureds' materials, pleadings, and other relevant documents

Identify and review each jurisdiction's applicable statutes, rules, and case law

Review litigation materials including depositions and expert's reports

Analyze and direct risk transfer, additional insured issues, and contractual indemnity issues

Retain counsel when necessary and direct counsel in accordance with resolution strategy

Analyze coverage, liability and damages for purposes of assessing and recommending reserves

Prepare and present written/oral reports to senior management setting forth all issues influencing evaluations and recommending reserves

Travel to and from locations within the United States to attend mediations, trials, and other proceedings relevant to the resolution of the matter

Negotiate resolution of claims

Select and utilize structure brokers

Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to inquiries from the insured, counsel, underwriters, brokers, and senior management regarding claims

Experience & Required Skills

Seven to ten (7-10) years of working experience with a primary and or excess carrier supporting commercial accounts for Casualty claims; professional liability claims experience with Energy Casualty and Construction a plus

Exceptional communication (written and verbal), evaluating, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines

Strong time management and organizational skills

Demonstrated ability to take part in active strategic discussions

Demonstrated ability to work well independently and in a team environment

Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word

Willing and able to travel 10%

Education

Bachelor's degree or 10 years of working experience in lieu of degree

Proper & active adjuster licensing in all applicable states

$107,400 - $160,000/year

Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.