RLI Corp
Casualty Claim Director/Team Lead (hybrid, Chicago)
RLI Corp, Chicago, IL
About Us We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn’t just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us. RLI is a Glassdoor Best Places to Workcompany with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company.Principal Duties and Responsibilities Lead and develop a team of Claim Managers and Examiners.Oversee potential high-exposure, complex bodily injury and property damage claims across the United States (excluding New York). Oversee all aspects of claim-handling, including fact investigation, coverage analysis, claim evaluation, and litigation management.Responsible for the most complex claims within a product claim group.Evaluate claims and set case resolution strategies, including independent handling of mediations and trials in complex claims.Develop and implement negotiation strategies and identify claims where trial is appropriate.Select, retain, and direct appropriate defense counsel on litigated cases.Collaboratively communicate with Underwriting on industry trends or case law/statutory developments that my impact their respective product lines.Develop and implement training for Claim Managers and Examiners.Assist Underwriters in review of submissions of policies/bonds as needed.Lead in special projects and other duties as needed. Education & ExperienceTypically requires a bachelor’s degree in business administration, insurance, or a related field; and8+ years of relevant legal or insurance related experience with general liability claims.A Juris Doctorate with relevant insurance coverage or defense litigation experience would be beneficial. Knowledge, Skills, and CompetenciesAbility to communicate effectively with employees on claims matters.Ability to manage and develop subordinates to ensure increased performance.Meaningful experience handling liability claims involving bodily injury and property damage with significant exposure under both primary and excess policies, in various jurisdictions across the United States. A strong focus on U.S. south and southeastern states would be beneficial.Ideal candidate will have superior working knowledge of case law, statutes, and procedures impacting the handling and value of general liability claims and would benefit from having experience with handling claims for different types of insurance risks and policies (e.g. construction, premises liability, marine, etc.).Proactive investigation, risk transfer identification and pursuit, strategic claim handling, hands-on attorney management, and sophisticated claims resolution skills are essential. Superior writing and communication skills to work effectively with insureds, claimants, underwriters, other team members, and upper management.Compensation OverviewThe base salary range for the position is listed below. Please note that the base salary is only one component of our robust total rewards package at RLI. The salary offered will take into account a number of factors including, but not limited to, geographic location, experience, scope & responsibilities of the role, qualifications/credentials, talent availability & specialization, as well as business needs. The below range may be modified in the future. Base Pay Range$131,313.00 - $191,388.00Total RewardsAt RLI, we're all owners. We hire the best and the brightest employees and allow them to share in the company's success through our Total Rewards. With the Employee Stock Ownership plan at its core, the Total Rewards program includes all compensation, benefits and perks that come with being an RLI employee.Financial IncentivesAnnual bonus plansEmployee stock ownership plan (ESOP)401(k) — automatic 3% company contributionAnnual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)Work & LifePaid time off (PTO) and holidaysPaid volunteer time off (VTO) to support our communitiesParental and family care leaveFlexible & hybrid work arrangementsFitness center discounts and free virtual fitness platformEmployee assistance programHealth & WellnessComprehensive medical, dental and vision benefitsFlexible spending and health savings accounts2x base salary for group life and AD&D insuranceVoluntary life, critical illness, & accident insurance for purchaseShort-term and long-term disability benefitsPersonal & Professional GrowthRLI encourages its employees to pursue professional development work in insurance and job-related areas. We make a commitment to employees to provide educational opportunities that help them enhance their skills and further their career advancement. RLI fosters a true learning culture and encourages professional growth through insurance courses, in-house training and other educational programs. RLI covers the cost for most programs and employees typically earn a bonus upon successful completion of approved courses and certifications. Our personal and professional growth benefits include:Training & certification opportunitiesTuition reimbursementEducation bonusesDiversity & InclusionOur goal is to attract, develop and retain the best employee talent from diverse backgrounds while promoting an environment where all viewpoints are valued and individuals feel respected, are treated fairly, and have an opportunity to excel in their chosen careers. We actively support, and participate in, initiatives led by the American Property Casualty Insurance Association that aim to increase diversity in the insurance industry. Cultivating an exceptional and diverse workforce to deliver excellent customer service reinforces our culture and is a key to achieving superior business results.RLI is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law.SummaryLocation: Chicago, ILType: Full time