VP, Claims

DescriptionJob SummaryManage litigation filed by and against the Company arising from insurance policies for all lines of business.  Engage in collaborative projects in support of other areas of the Company, including underwriting, finance and accounting, actuarial, operations, and technology. Job Duties·      Efficiently manage a volume of coverage litigation involving a broad spectrum of accounts and policy forms. For assigned files, promptly analyze matter, retain counsel, develop and oversee litigation strategy and manage litigation by effectively interacting with counsel and other parties, as required. In addition, oversee all aspects of discovery, working with other parties, and establish timely and appropriate reserves.  Represent the Company in the resolution of matters and participate in legal proceedings, including mediations and arbitrations.·      Ensure compliance with the litigation hold procedure.·      Stay current on caselaw developments and trends with respect to insurance coverage and extra-contractual liability.·      Regularly report claim developments and trends to claims and underwriting management.·      Provide guidance on coverage questions or potential coverage matters to claim department personnel.·      Identify training opportunities for members of other departments including claims and underwriting.·      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.·      Report suits filed by or against the Company, as well as potential suits, to Allied World’s E&O carriers.  Provide quarterly updates to E&O carriers regarding open matters previously reported.·      Attend and/or represent the Company at relevant industry conferences/meetings.·      Identify and recruit coverage counsel to represent the Company in coverage disputes.Qualifications·         At least 12 years’ experience handling liability insurance claims, managing litigation or related relevant experience.  Four-year college degree is required, but J.D. is strongly preferred.·      Coverage counsel experience preferred.·      Excellent negotiation and communication skills.  Proficient with Microsoft Office products, legal research, internet research and typing.·      Ability to accurately and timely analyze coverage and instruct and collaborate with counsel regarding litigation strategy and resolution and resolve matters and otherwise act within the scope of delegated authority.Special Responsibilities:·         Work requires the ability to quickly and accurately read, comprehend, analyze and produce written materials and to use a computer for long periods of time.  Some travel required.Compensation$132,000 - $176,000The 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.Our BusinessAllied 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 benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World 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, gender, gender identity, age, genetic information, marital or civil partnership status, family status, sexual orientation , military, veteran status, disability or any other characteristic protected by law.To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.Job Field: ClaimsJob Type: StandardTravel: Yes, 25 % of the TimeEmployee Status: Regular