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Senior Vice President, Severity Casualty Claims Leader

Jersey City, NJ, USA | Ace Group

  • Industry:
    Insurance - General
  • Position Type:
  • Functions:
    Regulatory Affairs
    Legal / Compliance
  • Experience:
    15-20 years
    20+ years
Job Description:
58 people have viewed this job

Ensure the highest levels of claims handling and customer service for Construction Defect, High Severity Excess Casualty, Life Sciences and Medical Risk claims.

Directly collaborate with the impacted underwriting segments and actuarial teams regarding claim activities and trends as well as product development, supporting and partnering in overall business strategies and goals.

Manage financial results, including reserve adequacy and litigation management for the Construction Defect, High Severity Excess Casualty, Life Sciences and Medical Risk claims.

Lead a team of approximately sixty (60) claims professionals handling high severity claim types.

Ensure that significant exposures are timely recognized, elevated and overseen by the appropriate staff with commensurate skills.

Ensure timely evaluation and analysis of coverage, liability and damages for high severity Casualty claims.

Develop and implement overall strategies for Severity Casualty Claims driving high quality claim results and delivering high quality claims service.

Partner with others in the Casualty Claims Discipline to achieve broader Company Claims & Corporate financial goals.

Build and develop organizational talent; identify and track success criteria and metrics. 

Partner with HR to manage performance, foster talent development, support diversity and inclusion and create succession plans.


Qualifications


A minimum of 15-25 years of experience in managing Construction Defect, High Severity Excess Casualty, Life Sciences and Medical Risk claims.

Demonstrated ability to manage high severity Casualty claims, as well as demonstrated ability to interact with and influence all levels of internal and external business partners and customers.

Organizational and management skills with a track record of success in building and managing high performing claims teams.

Excellent written and verbal communication skills.

A hands-on management style and strong work ethic.

Ability to drive results as well as coach and mentor others.

An advanced degree (JD or MBA) is preferred, but not required.


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