AVP, North American Claims Group (Finance)
Job Summary:
Investigate, evaluate, and resolve claims made against the Company's medical malpractice business including hospital primary and excess, long term care, psychiatry and miscellaneous healthcare liability. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations, and technology. Provide superior service to all customers, whether internal or external.
Job Duties
· Manage a vigorous load of claims involving a broad spectrum of accounts and coverages. Analyze coverage and manage litigation by effectively interacting with insureds, brokers, defense counsel and other parties as required. Represents Company in the resolution of claims and participate in legal proceedings, including mediations. Participate in underwriting decision making, pre-bind and renewal risk assessment, and underwriting roundtable.
· Work with other areas of the company including underwriting, finance and accounting, actuarial, operations and technology on projects as requested. Prepare claim summaries and other reports as necessary for management.
· Meet with existing or prospective clients and brokers. Attend relevant industry conferences/meetings.
Compensation:
The below annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations, including but not limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one component of Allied World's comprehensive total reward package, which may also include annual incentive compensation rewards.
Salary range: $120,000 - $140,000
Job Requirements:
· A minimum of 7-12 years' experience handling medical liability insurance claims or related relevant experience. Experience in handling specialty lines claims is preferred. Four-year college degree is required, but a J.D. or R.N. and/or strong clinical background are preferred.
· Substantial knowledge of issues underlying medical malpractice claims and coverage issues. Excellent negotiation and communication skills. Technical writing experience. Proficient in Microsoft Office products.
· Ability to analyze coverage; instruct and collaborate with counsel regarding litigation strategy and claim resolution; resolve claims; and otherwise act within the scope of delegated authority.
About Fairfax
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
About Allied World
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world
Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance. Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status. Please visit www.awac.com for further information on Allied World.
