Arch Insurance Group Inc.
Claims Examiner, Commercial General Liability and Auto
Arch Insurance Group Inc., Chicago, Illinois, United States
Overview
Claims Examiner, Commercial General Liability and Auto at Arch Insurance Group Inc. The position is on the Claims Division on the Mid Corp Casualty Team as a Claims Examiner, Casualty. Responsibilities include actively managing commercial claims for medium severity, and general liability, and auto accounts, as well as the associated excess and umbrella policies, 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 associated claims carriers’ 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 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
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 6 years of commercial Claims experience in lieu of degree Five to Seven (3-5) years of working experience with a primary and/or excess carrier supporting commercial accounts for Casualty claims; with Casualty and Construction a plus Proper & active adjuster licensing in all applicable states Location and Compensation
Base pay range: $61,900.00/yr - $83,623.00/yr. Alpharetta, O"Fallon: $61,900 - $83,623/year; Chicago, Morristown: $71,900 - $97,110/year; NY, NJ, CA: $79,900 - $107,900/year. The above pay range may be modified in the future. Position is incentive eligible. Arch Insurance Group Inc. provides a comprehensive benefits package including medical plans, dental, vision, prescription drug coverage, 401k with matching, PTO, holidays, parental leave, and other benefits. Job Type and Seniority
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Insurance
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Claims Examiner, Commercial General Liability and Auto at Arch Insurance Group Inc. The position is on the Claims Division on the Mid Corp Casualty Team as a Claims Examiner, Casualty. Responsibilities include actively managing commercial claims for medium severity, and general liability, and auto accounts, as well as the associated excess and umbrella policies, 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 associated claims carriers’ 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 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
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 6 years of commercial Claims experience in lieu of degree Five to Seven (3-5) years of working experience with a primary and/or excess carrier supporting commercial accounts for Casualty claims; with Casualty and Construction a plus Proper & active adjuster licensing in all applicable states Location and Compensation
Base pay range: $61,900.00/yr - $83,623.00/yr. Alpharetta, O"Fallon: $61,900 - $83,623/year; Chicago, Morristown: $71,900 - $97,110/year; NY, NJ, CA: $79,900 - $107,900/year. The above pay range may be modified in the future. Position is incentive eligible. Arch Insurance Group Inc. provides a comprehensive benefits package including medical plans, dental, vision, prescription drug coverage, 401k with matching, PTO, holidays, parental leave, and other benefits. Job Type and Seniority
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Insurance
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