What are the responsibilities and job description for the Asbestos/Environmental Senior Technical Claims Specialist position at Argo Group?
A Brief Overview
Argo Group is seeking a Senior-level experienced Complex Claims Specialist responsible for the overall management and strategic direction of highly complex asbestos, environmental and other types of toxic tort claims. The position is based in our New York, NY office and reports to the SVP of Legacy and Reinsurance Claims, based in Chicago, IL. We work together in the office five days a week in order to strengthen our culture, build team connections, and drive profitability. This is an individual contributor role for a candidate recognized as a technical and legal expert in the interpretation of complex or unusual policy coverages in area of general liability insurance coverage as it relates to asbestos, environmental and other types of toxic tort claims. This candidate will work within assigned limits of broad authority on assignments requiring a high degree of technical and legal complexity and coordination.
How You Will Make an Impact:
- Works on highly complex investigations of claims, analyzes coverage, liability, compensability and damages. Determines if a major claim should be settled or litigated.
- Manages all types of investigative activity on major claims. Coordinates discovery and litigation strategy with staff counsel or panel attorneys.
- Negotiates highly complex settlement packages, sets reserves and authorizes payment within scope of authority, settling claims in most cost effective manner and ensuring timely issuance of disbursements.
- Coordinates third party recovery with subrogation/salvage unit.
- Makes recommendations on claim management policies and processes to management.
- Analyzes claims activities; prepares and presents reports to management.
- Works with attorneys, co-carriers, brokers and insureds regarding the handling and/or disposition of highly complex claims.
- Keeps current on state/territory regulations, case law and issues, as well as industry activity and trends. May participate in industry trade groups.
- May provide guidance and assistance to less experienced claims staff and other functional areas, including ceded reinsurance.
- May be responsible for special claims projects and presentations
What We Need:
- Bachelors and Juris Doctorate (JD) Degrees and preferably bar admission in at least one jurisdiction
- Ten years of general liability claim adjudication/management experience with an emphasis on the adjudication of asbestos, environmental liability, sexual abuse, and other types of toxic torts claims
- Advanced technical expertise related to CGL policies, claims resolution skills and knowledge of insurance and claims settlement principles, practices and procedures.
- Strong communication, negotiation and presentation skills. Ability to effectively interact with all levels of the company’s internal and external business partners.
- Advanced analytical and problem solving skills, with the ability to manage and prioritize multiple projects.
- Ability to deal with ambiguous situations and issues.
- Creativity in resolving unique and challenging business problems.
- A strong focus on execution in getting things done right. Proven ability to consistently produce and deliver expected results to all stakeholders.
- Desire to work in a fast-paced environment.
- Excellent evaluation and strategic skills required.
- Strong claim negotiation skills a must.
- Must work independently and demonstrate the ability to exercise sound judgment.
- Proficient in MS Office Suite and other business-related software.
- Polished and professional written and verbal communication skills.
- The ability to read and write English fluently is required.
- Must demonstrate a desire for continued professional development through continuing education and self-development opportunities.