What are the responsibilities and job description for the Claims Manager, D&O Financial Lines position at Starr Insurance?
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Starr is looking for "driven" and "passionate" individuals to join our team. There's no shortage of opportunities as we continue to grow.
Preferred Location: Chicago, IL
Alternate Locations: NYC, Atlanta, Boston, Los Angeles, Philadelphia, San Francisco
Essential Job Functions
This position will be responsible for the active management of D&O and other Financial Lines claims within the Financial and Professional Lines (FLPL) Claims Group. Prior experience handling FLPL claims, including primary private and non-profit D&O claims along with Public D&O claims is strongly preferred. The successful candidate will be required to evaluate coverage, draft coverage correspondence, undertake claims investigations, manage defense counsel and legal spend, assess liability and financial exposure, and effectively negotiate cost effective, good faith claims resolutions.
Requirements
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Starr is looking for "driven" and "passionate" individuals to join our team. There's no shortage of opportunities as we continue to grow.
Preferred Location: Chicago, IL
Alternate Locations: NYC, Atlanta, Boston, Los Angeles, Philadelphia, San Francisco
Essential Job Functions
This position will be responsible for the active management of D&O and other Financial Lines claims within the Financial and Professional Lines (FLPL) Claims Group. Prior experience handling FLPL claims, including primary private and non-profit D&O claims along with Public D&O claims is strongly preferred. The successful candidate will be required to evaluate coverage, draft coverage correspondence, undertake claims investigations, manage defense counsel and legal spend, assess liability and financial exposure, and effectively negotiate cost effective, good faith claims resolutions.
Requirements
- Bachelor’s degree and Juris Doctor preferred.
- 5 years of experience in the insurance/legal profession dealing specifically with FLPL claims.
- Experience handling primary private and non-profit D&O, public D&O, fiduciary liability (ERISA) and fidelity claims preferred. Carrier experience a plus.
- In-depth understanding of policy language/coverage.
- Experience managing, evaluation, mediating and negotiating FLPL claims. In-depth knowledge of the U.S. legal system, civil litigation, and ADR proceedings.
- Comprehensive understanding and knowledge of federal and state laws applicable to various claims presented under FLPL policies.
- Strong interpersonal and communication skills, both verbal and written.