Posted:
9/6/2024, 3:01:17 AM
Location(s):
Scottsdale, Arizona, United States ⋅ New York, New York, United States ⋅ Florida, United States ⋅ Illinois, United States ⋅ Arizona, United States ⋅ San Antonio, Texas, United States ⋅ New York, United States ⋅ Naperville, Illinois, United States ⋅ Texas, United States ⋅ Lake Mary, Florida, United States
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
Consulting
Workplace Type:
Remote
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
The Hartford Global Financial Lines Directors and Officers (D&O) Claims Group currently has an open claim professional position. As a D&O claims professional, you will be responsible for handling a caseload of claims-made, Public D&O Claims, from inception to final disposition. As these claims are often in litigation, experience handling litigated Management Liability Claims matters through resolution and managing defense counsel is required.
Responsibilities include all aspects of claim file management from assignment to conclusion including:
Conducting investigations and analyzing and evaluating the information learned
Appropriately and accurately analyzing and determining coverage, liability and damages based upon the facts of each claim
Communicating written position(s) to insured's and other required parties on coverage, liability damages and other issues
Setting appropriate expense and indemnity reserves and monitoring on a regular basis for any needed adjustment
Presenting cases to management for expense or indemnity reserve authority above established authority levels
Developing and implementing resolution strategies through negotiations to achieve high quality outcomes
Proactively managing litigation and counsel, inclusive of litigation planning and execution, budgeting and bill review
Understanding and analyzing potential extra-contractual liability as needed
Attending trials and mediations as necessary
Contributing to broader claim and enterprise goals by participating in audits, projects, training and product development initiatives
Preparing comprehensive reports and delivering presentations to senior claim leadership on case developments, policy issues, industry trends, etc.
Providing support and working collaboratively with business partners to evaluate and address claim trends and developments
Addressing inquiries from agents and policyholders, providing superior customer service
Providing key training and marketing support to Underwriters
Attend and present at various industry events each year on risk management and claims topics
Qualifications:
Juris Doctorate degree preferred, four year College Degree Required
Minimum of five years handling litigated Public D&O coverage and/or liability cases as defense counsel or claims handler.
Background in Public D&O or Financial Institutions and Financial Services Claims is a plus,
Candidate should be disciplined, results-oriented and able to focus on bottom line results
Candidates are required to have knowledge and experience handling all aspects of Management Liability claims.
Candidates should demonstrate the following:
Excellent oral and written communication skills
Excellent strategic thinking ability and execution skills
Excellent negotiation and advanced technical claim handling skills, including knowledge of insurance coverage issues
Superior time, task prioritization and desk management skills.
An ability to communicate thoughts clearly and concisely, and to influence and persuade others
Ability to work with only moderate amount of supervision and employ a “team player” attitude.
This role can have a Hybrid or Remote work arrangement. Candidates who live near one of our office locations (Hartford, CT, San Antonio, TX, Lake Mary, FL, Phoenix, AZ, Naperville, IL) will have the expectation of working in an office 3 days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$120,000 - $180,000Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits
Website: https://www.thehartford.com/
Headquarter Location: Hartford, Connecticut, United States
Employee Count: 10001+
Year Founded: 1810
IPO Status: Private
Industries: Auto Insurance ⋅ Financial Services ⋅ Insurance