SiriusPoint

SiriusPoint

Director - MGA & Program Claims

US-Remote · Director

No sponsorship$10k-$15kDetected 9 days ago
ComplianceAuditingCustomer SupportLeadershipCommunicationCollaborationMicrosoft OfficeActuarial ScienceUnderwritingProperty & CasualtyClaims Management

About the role

  • We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.
  • Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and program managers.
  • With over $3.0 billion total capital, SiriusPoint's operating companies have a financial strength rating of A from AM Best, Fitch and S&P, and A3 from Moody's.

Responsibilities

  • Collaboration: Collaboration drives outperformance

Compensation

  • $150,000 - $175,000 USD
  • The estimated annual salary range for this position is mentioned below.
  • This is a good-faith assessment of the salary range for this position only.
  • In determining the actual salary within this range, SiriusPoint will consider a candidate's relevant experience, location, and other job-related factors.

Benefits

  • Health Savings Account (HSA)
  • Basic Long-Term Disability (employer) paid-Taxable income
  • Employee paid Long Term Disability(voluntary)
  • Gym reimbursement

Company info

  • SiriusPoint is a specialty underwriter providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and program managers. With over $3.0 billion total capital, SiriusPoint's operating companies have a financial strength rating of A from AM Best, Fitch and S&P, and A3 from Moody's.
  • Join Our Team
  • You will be a Director MGA and Programs Claims. In this role, you will be responsible for oversight of commercial Property and Casualty claim handling related to SiriusPoint Programs/MGAs, whether in-house or through TPAs. This includes providing authority to settle and reserve claims above retentions, auditing and monitoring claim handling. This role will also assist in performing initial and annual due diligence of claim handling entities. Validating compliance is also a focus of the role as Programs/MGAs (or their claim handling teams or TPAs) who should be compliant at all times with the terms of the insurance/reinsurance contract, claim handling guidelines, and internal policies and procedures. You will report to the Head of North America MGA and Programs Claims.
  • Your responsibilities will include:
  • SiriusPoint is a specialty underwriter providing solutions to clients and brokers around the world.
  • Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT).
  • You will be a Director MGA and Programs Claims.
  • In this role, you will be responsible for oversight of commercial Property and Casualty claim handling related to SiriusPoint Programs/MGAs, whether in-house or through TPAs.
  • This includes providing authority to settle and reserve claims above retentions, auditing and monitoring claim handling.
  • This role will also assist in performing initial and annual due diligence of claim handling entities.
  • Validating compliance is also a focus of the role as Programs/MGAs (or their claim handling teams or TPAs) who should be compliant at all times with the terms of the insurance/reinsurance contract, claim handling guidelines, and internal policies and procedures.
  • You will report to the Head of North America MGA and Programs Claims.
  • Oversight of claim handling entities associated with Programs/MGAs to ensure authority is not breached, claims reporting is accurate and timely, coverage is appropriate, consumer and customer service is compliant, quality auditing program is in place and up to date, and general monitoring of reserving and loss exposures.
  • Working with Program Managers to on-board, design and implement procedures and also manage the day-to-day technical and operational aspects of US P&C Program/MGA business within allocated workload.
  • Ensure compliance with claims handling process for U.S. claim handling entities.
  • Evaluate reserves on specific claims and monitor adequacy of reserves at portfolio and individual claim level.
  • Establish and maintain appropriate claims reports. Including, but not limited to trend analysis, claim lifecycle improvement and indemnity containment measures.
  • Interpret contract coverage upon referral from the Program/MGA in order to determine liability and extent of participation in claims.
  • Instruction and ongoing management of independent experts were required.
  • All claims work must be performed according to Company policies and procedures, and within assigned Claims Authority.
  • Ensure that claims escalation authorities are strictly adhered to and that claims are accurately and efficiently triaged/reported to the relevant person.
  • Maintain cooperation and regular interaction, including established routine practices with other functions within SiriusPoint, including but not limited to Senior Management, Compliance, Underwriters and the Actuarial team.
  • Establish, develop and maintain relationships with brokers, ceding companies, lawyers and loss adjusters in connection with claims matters.
  • Monitor risk arising from claims programs against agreed SiriusPoint risk appetite/tolerances; promptly escalating risk events/control failures and taking appropriate actions to report and assist claims leadership to address matters arising from these events.
  • If interested and qualified, there may be an opportunity to handle or consult on MGA/Program claims outside of the U.S. as part of a global Claims Team at SiriusPoint.
  • The ability to travel for MGA and Programs Claims audits, Claims Team meetings, or other industry events as requested.
  • Any other duties as reasonably required.

Visa & Work Authorization

  • We are unable to sponsor or take over sponsorship of an employment visa at this time.
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This listing is sourced directly from SiriusPoint's careers page and normalized into a canonical job model.