Assistant Vice President, Claims jobs in United States
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Hamilton · 1 month ago

Assistant Vice President, Claims

Hamilton is a global specialty insurance and reinsurance company headquartered in Bermuda. They are seeking an Assistant Vice President, Claims to manage Financial Lines Claims, ensuring high standards of productivity and operational efficiency while providing oversight and technical expertise to junior staff.

BankingFinanceInsuranceRisk Management

Responsibilities

Financial Lines Claims management to achieve high standards of productivity, operational efficiency and alignment of organizational goals
Management of Excess Casualty Claims on as needed basis
Provide high level of technical expertise and oversight to junior staff
Examine new and existing claims, including the review of contractual wordings to prepare assessments of coverage
Evaluate actual and potential liability exposures, and recommend accurate and timely reserves
Identify exposures and claim trends which may affect the portfolios
Provide feedback on claims and trends to underwriting and stakeholders
Maintain accurate and up-to-date claim files and diary system
Draft case summary reports in connection with potential significant reserve increases
Prepare management reports and present at claims meetings
Attend external client meetings, broker and networking events as appropriate
Provide backup support to other areas as requested
Participate in special projects as required
Ensure compliance with internal corporate guidelines, processes and procedures
Other duties as required by management
Some travel as required

Qualification

Financial Lines claims experienceLaw degreeCoverage analysisExcess Casualty claimsContract knowledgeNegotiation skillsProblem-solving experienceMicrosoft Office proficiencyInsurance designationSICS knowledgeCommunication skillsTime managementLeadership skillsTeam collaboration

Required

Minimum of 10 years' Financial Lines claims experience (including D&O, E&O and EPL) in progressively senior roles
Willingness to manage Excess Casualty Claims
Law degree and member of the Bar in a US jurisdiction
Proven ability to provide coverage, liability and damages analysis for complex Financial Lines claims
Solid knowledge of contract terms and structures
Strong negotiation skills
Significant complex problem-solving experience
A personal commitment to superior performance
Strong communication skills
Ability to prioritize and manage deadlines
Ability to work both independently and collaboratively as part of a team
Must demonstrate a high level of initiative and leadership skills
Excellent time management, problem solving, and organizational skills are required
Proficiency in Microsoft Office suite, with advanced Excel skills

Preferred

Excess Casualty claims experience is advantageous
Insurance designation such as RPLU or CPCU is advantageous
Knowledge of SICS, Image Right or a similar system is advantageous

Benefits

Hybrid working
Matching 401K plan
Medical, dental, vision, life, disability
Generous time off (including parental leave)
Continued support for professional development
Gym subsidy
My day (additional days leave for personal interests/wellness/charity work etc)

Company

Hamilton

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Hamilton Insurance Group, Ltd.

Funding

Current Stage
Public Company
Total Funding
$776.67M
2023-11-10IPO
2017-05-15Acquired
2015-01-01Undisclosed· $250M

Leadership Team

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Pina Albo
Chief Executive Officer
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Peter Riihiluoma
SVP, Head of Specialty Reinsurance
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Company data provided by crunchbase