Casualty Claims Manager

Arch Capital Group Ltd. Jersey City , NJ 07097

Posted 6 days ago

The Position

Actively handle a small caseload of New York Labor Law claims and supervise a team of examiners that have a full pending of New York Labor Law claims. Manager will review tender responses and coverage letters for the New York Labor Law claims unit. Communicate with insured and other claim related parties, ensure a thorough investigation and coverage analysis is completed, work with defense and coverage counsel, formulate and execute plans of action, effectively analyze exposure through contractual risk transfer, liability and damage assessment. Set timely and appropriate reserves and negotiate resolution of cases through mediations, trials, and other proceedings. Maintain a working relationship with business line leaders, underwriters, brokers and agents to assist in account evaluation.

Job Responsibilities

  • Provide oversight to third party administrators on large construction, programs and national accounts.

  • Review, approve and/or submit all drafted large claim reports analyzing coverage, liability and damages for purposes of assessing the recommended reserves.

  • Prepare and present written and oral reports to senior and executive management setting forth all issues influencing evaluation and reserve recommendation.

  • Assist underwriters with drafting new form endorsements based on recognized trends in the book of business.

  • Arrange internal training sessions for department.

Desired Skills/Experience

  • Strong evaluation and negotiation skills

  • Strong problem-solving and analytical skills

  • 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

  • At least 5-7 years related claims/coverage experience

  • Management experience in claims/legal

  • New York Labor Law/construction experience necessary

  • Proper Adjuster Licensing in all applicable State

Education

  • College degree, JD Preferred

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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Casualty Claims Manager

Arch Capital Group Ltd.