Allied World · 4 months ago
AVP/VP, Environmental Claims
New York199 Water Street
Full-time
Onsite
Mid, Senior Level
$130K/yr - $150K/yr
5+ years expAllied World is a global provider of insurance and reinsurance solutions, and they are seeking an AVP/VP of Environmental Claims. The role involves managing the investigation, evaluation, and resolution of claims related to the company’s Environmental policies while providing superior service to internal and external customers.
FinanceFinancial ServicesInsurance
Responsibilities
Efficiently manage a vigorous claim volume involving a broad spectrum of accounts and coverages. Ensure the prompt analysis of coverage, issuance of accurate and timely coverage position letters, manage litigation, and interact with insureds, brokers, defense counsel, underwriters and other parties as required. Effectuate the establishment of timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management
Effectively manage and oversee the day-to-day administration of claims, including reviewing coverage position letters and responding to requests for authority. Serve as claims liaison between the insureds and the Company, including responding to claims and related issues. Conduct periodic claim audits, prepare audit reports, and approve service invoices. Provide monthly reports outlining the data available and attend monthly meetings with direct supervisor
Work with other areas of the Company including underwriting, finance and accounting, actuarial, operations and technology on projects as requested. Prepare claim summaries and other reports as necessary for management
Meet with existing or prospective clients and brokers. Attend company sponsored training events and relevant industry conferences/meetings
Qualification
Required
A minimum of 5 years' experience managing and handling environmental liability insurance claims or related relevant experience
Four-year college degree is required
JD required
Knowledge of claims, legal and coverage issues in all U.S. jurisdictions
Excellent negotiation and communication skills
Strong technical skills and writing experience
Proficient with Microsoft Office products, internet research and Genius
Ability to accurately and timely analyze coverage, draft coverage position letters and instruct and collaborate with counsel regarding litigation and coverage strategies, negotiate and resolve claims and otherwise act within scope of delegated authority
Compliance with multi-state adjuster licensing requirements
Position requires the ability to quickly and accurately read, comprehend, analyze and produce written materials and to use a computer for long periods of time
Some travel required
Preferred
Experience handling specialty lines claims is strongly preferred
Benefits
Health and Dental Insurance
401k plan
Group Term Life Insurance
Company
Allied World
About Allied World Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2017-07-07Acquired
2006-07-12IPO
Leadership Team
Denise Choy
VP, Asia Pacific Professional Lines Division at Allied World
Erin Ringbloom
Vice President
Recent News
2025-06-26
2024-02-18
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