Arch

  • Technical Claims Supervisor - GL Specialist

    Job Locations US-NJ-Jersey City
    Job ID
    2018-1947
    # of Openings
    1
    Category
    Claims
  • Overview

    The Company

     

    Arch Insurance Group is a market-leading specialty insurer providing property, casualty and a wide range of specialty insurance for corporations, professional firms and financial institutions around the globe. From product development to policy servicing to claims payment, we are dedicated to providing our customers with superb coverage and service.

     

    A subsidiary of Arch Capital Group Ltd., Arch Insurance employs disciplined underwriting and prudent risk selection across all types of business. We have offices in the United States, Canada, Bermuda, UK, Australia, and South Africa.

     

    Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Arch offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company.

    Responsibilities

    The Position

    Position Summary

    The Technical Claims Supervisor - GL Specialist  will be responsible for managing claims in which Arch is the primary and/or excess carrier.  This requires review and assessment of coverage, liability and damages in jurisdictions throughout the US.

     

    • Managing and directing the TPA claims handler for general liability claims.  Assist TPA claims staff to 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.      
    • Direct TPA claims staff in development and implementation of strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care.
    • Direct TPA claims staff in the development and implementation of a strategy to resolve matters of liability and damages of a particular case.
    • Maintain contact with the TPA claim staff, business line leader, underwriter, and defense counsel, program manager and broker.
    • Direct TPA claims staff in the review of the investigation of the claim, review the TPA’s file, the insured's materials, pleadings, and other relevant documents.
    • Direct TPA claims staff in the identification and review of each jurisdiction's applicable statutes, rules and case law.
    • Direct and assist TPA claims staff in the review of litigation materials including depositions and expert's reports.
    • Make decisions regarding retention of defense and coverage counsel and issues regarding tender to other parties.  
    • Direct counsel in accordance with resolution strategy.
    • Analyze coverage, liability and damages for purposes of assessing and recommending reserves. Prepare and present written and oral reports to senior management setting forth all issues influencing evaluation and recommending reserves.
    • Attend mediations, trials, and other proceedings relevant to the resolution of the matter.
    • Travel to and from such locations within the United States.      
    • 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 insured, counsel, underwriters, brokers and senior management regarding claims.

     

     

    Qualifications

    Desired Skills

     

    • Strong evaluation and negotiation skills
    • Strong problem-solving and analytical skills
    • Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word
    • Excellent written/verbal communication and organizational skills
    • Ability to work well in a team environment
    • Ability to take part in active strategic discussions

     

    Required Skills/Experience

    • Extensive Coverage Experience required
    • J.D. degree required
    • At least 10 years of related experience
    • General Liability Claims experience necessary
    • Strong evaluation and negotiation skills
    • Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word
    • Excellent written/verbal communication and organizational skills
    • Ability to work well in a team environment

               

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed