Gallagher Bassett ยท 1 day ago
Assistant Vice President - Corporate Claims
Rolling Meadows, IL
Full-time
Onsite
Mid, Senior Level
$88K/yr - $170K/yr
5+ years expGallagher Bassett is dedicated to helping clients navigate complexity and support recovery in challenging moments. The Assistant Vice President - Corporate Claims will provide comprehensive support in managing and resolving E&O claims, requiring strong legal analysis and risk mitigation skills while advocating for optimal client outcomes.
BeautyCosmeticsE-Commerce
Responsibilities
Provide E&O claim support to internal business units
Consult on risk management and mitigation issues
Reporting related to claims handling
Review legal documents and support litigation team as requested
Claim management including status, file updates, financial updates and closure
Acts as an advocate for most complex clients and claims, demonstrating advanced problem resolution skills and the ability to manage and communicate issues for key accounts by providing coverage advice to clients
Reviews coverage positions and challenges adjusters as warranted while advocating the best possible outcome for clients in accordance with service standards
Facilitates client meetings, claims reviews and vendor visits
Responsible for negotiating changes in reserves for a positive client outcome, providing status reports to clients as required by any applicable service plan, and reviewing action plans and reserves
Reviews all new problematic or complex claims on designated clients and formulates a plan of action to achieve a favorable claim resolution
Ability to assess legal exposure, formulate plan, communicate with others, and manage claims through resolution
Provide risk management and claims support to internal business partners on issues related to business operations, handling of professional liability claims, and consultation on mitigation and risk management issues
Analyze insurance policies and claims, analysis of coverage and liability issues, and providing advice and recommendations to business leadership; facilitating the settlement of claims within area of responsibility; and creating concise summaries of plans, status, recommendations, and risks along with a path to resolution
Support litigation attorneys as requested to review briefs, discovery, documents, and to attend mediations, trials, other proceedings as needed
Use business systems to track claim development and process other documents essential for file maintenance
All other duties as assigned
Qualification
Required
Bachelor's degree or commensurate experience
5 years' related experience in claims. Strong knowledge of claim and coverage issues
Excellent written and verbal communication skills
Strong knowledge and working ability to use all claims and business related software
Preferred
Recognized insurance designations a plus
Juris Doctor (JD)
Admission to a state bar association in good standing
Litigation experience or equivalent claims handling 5+ years experience
Benefits
Medical/dental/vision plans, which start from day one!
Life and accident insurance
401(K) and Roth options
Tax-advantaged accounts (HSA, FSA)
Educational expense reimbursement
Paid parental leave
Digital mental health services (Talkspace)
Flexible work hours (availability varies by office and job function)
Training programs
Gallagher Thrive program - elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
Charitable matching gift program
And more...
Company
Gallagher Bassett
About Gallagher Bassett: We are the leading provider of claims and risk management services, helping people and companies prevent, manage and overcome the impact of risk.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Mike Hessling
Chief Executive Officer- North America
Scott Hudson
President and CEO
Company data provided by crunchbase