VP, North American Claims Group

Allied World Assurance Company Ltd

Farmington, CT

JOB DETAILS
SKILLS
Accounting, Actuarial Skills, Analysis Skills, Career Development, Claims Management, Coaching, Conferences, Customer Support/Service, Distribution Channel, Finance, Insurance, Legal, Litigation, Maintain Compliance, Mentoring, Programming Tools, Team Player, Technical Operations, Time Management, Training Program, Trend Analysis, Underwriting
LOCATION
Farmington, CT
POSTED
10 days ago

Take the next step in your career with us.

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

Job Summary: Manage litigation filed by and against the Company arising from insurance policies for all lines of business. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations, and technology. Job Duties: · Efficiently manage a volume of coverage litigation involving a broad spectrum of accounts and policy forms. For assigned files, promptly analyze matter, retain counsel, develop and oversee litigation strategy and manage litigation by effectively interacting with counsel and other parties, as required. In addition, oversee all aspects of discovery, working with other parties, and establish timely and appropriate reserves. Represent the Company in the resolution of matters and participate in legal proceedings, including mediations and arbitrations. · Ensure compliance with the litigation hold procedure. · Stay current on caselaw developments and trends with respect to insurance coverage and extra-contractual liability. · Regularly report claim developments and trends to claims and underwriting management. · Provide guidance on coverage questions or potential coverage matters to claim department personnel. · Identify training opportunities for members of other departments including claims and underwriting. · 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. · Report suits filed by or against the Company, as well as potential suits, to Allied World's E&O carriers. Provide quarterly updates to E&O carriers regarding open matters previously reported. · Attend and/or represent the Company at relevant industry conferences/meetings. · Identify and recruit coverage counsel to represent the Company in coverage disputes.

The salary range for this role is between:

Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

  • Instant membership in the Allied World - a global network of colleagues who will support your career journey
  • A manager who will help you build your career through a structured coaching program
  • Access to a full suite of learning and development tools and resources

Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.

About the Company

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Allied World Assurance Company Ltd