Arch Capital Group Ltd.
Claim Director
Morristown, NJ United States of America · Director
Sponsorship not specified$20k-$30kDetected 30 days ago
ExcelRecruitingCommunicationCollaborationProperty & Casualty
About the role
- This position will report to the Managing Director of Claims in our Morristown, NJ office.
- This position will require 20-30% travel conducting claim audits and client visits.
- Ensures all assigned claims are properly documented, reserved and processed.
Responsibilities
- Coordinate with Underwriters, business partners and outside vendors to schedule audits, determine file selections, conduct audits and prepare audit reports/summaries, oversee audits performed by vendors and communicate findings to internal stakeholders.
- Maintain a high level of claim and industry-related expertise in order to assure technical competency and communicate significant issues and relevant changes to Underwriters, Actuaries, and Executive Management.
Requirements
- At least 8-10 years of experience in primary/reinsurance property & casualty claims.
- Experience in managing complex and litigated claims.
- Proficiency in MS Word/Excel/Power Point.
- The claims professional must have an extensive knowledge of the re/insurance industry, including reinsurance claim handling experience.
- Required Skills and Abilities
- Excellent communication skills and ability to work in a team.
- Good working knowledge of legal processes and laws concerning insurance claims.
Nice to have
- Knowledge of workers compensation and surety claim handling a plus.
- College degree required.
- Post graduate degree and/or industry certification/designation preferred.
- Detailed technical knowledge of property, general/excess casualty and professional lines business.
Skills
- Excellent inter-personal skills
Compensation
- For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided.
- The above pay range may be modified in the future.
Benefits
- Identify and address coverage issues within reinsurance contracts and underlying insurance policies.
- Communicate with brokers and cedents regarding account and claim specific requests for information, coverage issues, payment requests and ceded issues.
- Click here to learn more on available benefits.
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