Complex Claims Consulting Director - Financial Lines - Public D&O/E&O
$97,000–$189,000 year
On-siteMelville, New York, United States
Melville, New York, United StatesOn-siteFull Time$97,000–$189,000 yearSenior LevelLarge
Full TimeSenior LevelLarge
Job Summary
Manage the most complex, highest exposure commercial claims by overseeing coverage determinations, investigations, and resolution strategies including negotiations and litigation. Drive continuous improvements for claim accounts while verifying coverage, setting reserves, and collaborating with counsel to execute resolution strategies. Establish and manage significant claim budgets, identify subrogation opportunities, and prepare high-profile executive summaries for senior leadership. Mentor less experienced claim professionals and ensure compliance with state and local regulatory requirements.
Required Qualifications
- Bachelor's degree
- Master's degree
- Minimum ten years of relevant experience
- Insurance Adjuster License
- Expert knowledge of commercial insurance industry
- Expert knowledge of commercial insurance products
- Expert knowledge of policy language
- Expert knowledge of coverage
- Expert knowledge of claim practices
- Excellent verbal and written communication skills
- Ability to develop collaborative working relationships
- Ability to articulate very complex claim facts
- Ability to articulate analysis
- Ability to articulate recommendations
- Analytical and investigative mindset
- Critical thinking skills
- Ability to make sound business decisions
- Ability to evaluate and resolve ambiguous, complex and challenging business problems
- Extensive experience in leading complex negotiations
- Ability to develop and implement resolution strategies
- Strong work ethic
- Time management skills
- Organizational skills
- Ability to work independently in a fast-paced environment
- Ability to drive results by taking a proactive long-term view of business goals and objectives
- Extensive experience interpreting commercial insurance policies
- Ability to partner with internal resources
- Ability to oversee/manage outside counsel
- Ability to collaborate with other carriers
- Ability to lead multiple and shifting priorities
- Ability to work in a fast-paced and challenging environment
- Knowledge of Microsoft Office Suite
- Ability to learn business-related software
- Ability to value diverse opinions and ideas
- Ability to represent company in industry trade groups or other important events
- Ability to stay current on commercial insurance laws, regulations or trends
- Ability to follow company guidelines
- Ability to ensure compliance with state/local regulatory requirements
Desired Qualifications
- Advanced negotiation experience
- Professional designations (e.g. CPCU)
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