Arch

  • Senior Claims Examiner

    Entity Arch Insurance Group Inc (U.S.)
    Job Locations US-NJ-Jersey City | US-NY-Garden City | US-NY-New York
    Job ID
    2019-2702
    Business Segment
    Insurance
    # of Openings
    1
    Category
    Claims
  • The Position

    The Company

     

    Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, Australia and South Africa, providing specialty risk solutions to clients worldwide across a wide range of industries. With over ten years of operating history and strong financial ratings, our track record remains solid.

     

    Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence

    Job Responsibilities

      • Manage New York Labor Law claims in which Arch is the primary and/or excess carrier.  This requires review and assessment of coverage, liability and damages.
      • Identify and assess coverage issues, draft coverage position letters and when necessary, retain coverage counsel.  Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care.
      • 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.  Develop and implement a strategy to resolve matters of liability and damages of a particular case in accordance with contractual obligations.
      • Timely and accurate resolution; ensuring mitigation of indemnity and expense exposure while communicating developments and outcomes as necessary to all key internal and external clients.  Revising case reserves based on developments in the course of adjusting the claim.
      • Be alert to insurance fraud and implement special procedures if possible fraud is detected.
      • Settle claims within assigned levels of authority.
      • Maintain contact with the insured, underwriter, primary adjuster, reinsurers and counsel.
      • Retain defense counsel when necessary and direct counsel in accordance with litigation guidelines ensuring an effective resolution strategy.   Maintain effective vendor and litigation management
      • Maintain an effective diary.
      • Attend mediations, trials, and other proceedings relevant to the resolution of the matter; travel requirement 10%. 
      • Negotiate resolution of claims.

    Required Skills/Experience

    •  

      Education & Experience 

      • College degree, JD Preferred
      • 7-10 years of related experience
      • Primary and/or Excess claims experience handling New York Labor Law claims
      • Energy Casualty, Construction and/or Rail experience is a plus
      • Proper Adjuster Licenses in all applicable States

       

       

      Key Competencies & Technical 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

    The Company

    Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, Australia and South Africa, providing specialty risk solutions to clients worldwide across a wide range of industries. With over ten years of operating history and strong financial ratings, our track record remains solid.

     

    Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.

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