Job Opportunity :
Berkshire Hathaway Specialty Insurance has an exciting opportunity for a Complex Claims Director in our New York City, Atlanta, or Chicago offices.
The Complex Claims Director will independently handle a diverse pending of high severity, low-frequency large account claims underwritten out of the Financial Institutions and Commercial (i.
e., Public Company) teams, focusing mainly on Financial Institutions, Errors & Omissions, Directors & Officers, and Fiduciary.
This role will have a high level of interaction with internal customers (senior management, underwriters, actuaries) as well as external customers (brokers, insureds, defense counsel, etc.).
Duties & Responsibilities :
- Independently evaluate information on coverage, liability, and damages to determine the extent of exposure to the insured and the company.
- Attend mediations of complex claims on behalf of the company and effectively negotiate settlements.
- Provide outstanding customer service to, and seamlessly work with, the insured, broker, and underwriters in the handling and adjudication of claims.
- Analyze and draft coverage letters as appropriate and communicate coverage positions effectively both verbally and in writing.
- Draft reports, set reserves within the authority, or make claim recommendations concerning reserve changes.
- Travel to conferences, mediations, and client meetings as necessary.
Qualifications, Skills, and Experience :
- JD required.
- Minimum 2 years of claim handling experience in Financial lines.
- Excellent interpersonal communication and negotiation skills.
- Ability to thrive in a highly collaborative team environment.
BHSI Offers :
- A competitive package and exciting growth opportunities with a growing global organization.
- A liberating, fast-paced culture, centered on always doing the right thing for our customers, teammates, and our business.
- A purposely non-bureaucratic organization that embraces simplicity over complexity, encourages innovation and emphasizes individual excellence in a team framework.
The base salary range for this position in New York is from $140,000 to $160,000, along with annual bonus eligibility; a candidate’s salary is determined by their relevant skills and experience.
We value our teammates both their capabilities and character as demonstrated by our amazing culture.
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