Doctors Co

AVP Claims

Doctors Co$120K — $145K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required.
  • 10+ years of experience in non-medical professional liability claims handling.
  • 5-10 years of management experience.
  • 5-10 years handling excess claims.
  • Must be a licensed adjuster.
  • Proficient in Excel, Word, and Windows-based operating systems.

Responsibilities

  • Investigate, evaluate, and resolve complex non-medical claims.
  • Identify and analyze coverage issues.
  • Negotiate claim settlements within authority levels.
  • Monitor reserves for claims and ensure adequacy throughout their lifecycle.
  • Select defense counsel and manage litigation processes.
  • Attend mediations, court conferences, and trials to represent claims.
  • Prepare claim status reports for reinsurers.

Benefits

  • Opportunity to mentor junior staff and engage with collaborative projects.
  • Exposure to various lines of business with high severity and complexity.
  • Direct involvement in settlement negotiations and resolution planning.
  • Active participation in marketing and pre-bind calls.
  • Access to internal roundtables for claims presentation and strategy development.
Full Job Description


TDCSU is currently seeking an AVP to handle and manage complex non-medical professional liability claims.

Responsibilities:

Working under the general supervision of VP of Claims/Segment Leader and acting within authority appropriate to this position, the AVP of Claims is expected to:

The primary responsibilities of this position are to investigate, evaluate and resolve complex non-medical claims. The position requires handling claims across varied lines of business (non-medical lines) that present the greatest severity and complexity in the department.

Identifying and analyzing coverage issues.

Negotiates claim settlement within authority level.

Reviews files for timely and appropriate reserves; monitors reserve adequacy throughout the life of a claim file

Selecting defense counsel

Litigation management including ongoing communication with defense counsel, monitoring of legal status reporting, reviewing invoices and ensuring compliance with litigation guidelines

Attending mediations, court conferences and trials

Regular communication with the insured from initial contact to claim resolution

Formulating and executing claim resolution plans

Direct handling of settlement negotiations with plaintiff's counsel on Duty to Defend policies.

Promptly paying all claim expenses and indemnity obligations and reporting claim outcomes to state and federal regulatory agencies

Presenting claims at internal claim roundtables

Preparing claim status reports to reinsurers

Regularly review quarterly loss runs for increase in reserves or severity matters, alerting management for potential impact to the TDCSU policies.

Engage in collaborative projects in support of other areas in the company.

Ability to mentor junior staff

The position also requires providing support to our Segment Leaders and Business Development Department. Attend marketing calls. Attend pre-bind calls and visits.

Preferred Candidates

Should possess strong knowledge of relevant legal decisions, claim trends and industry practices

Requirements

Bachelor's Degree from a four year college

At least 10 or more years in handling non-medical professional liability complex claims

5 -10 years management experience

5-10 years handling excess claims

Proficiency with Excel, Word and demonstrated aptitude with Windows based operating systems

Must be a licensed adjustor

About Doctors Co

The Doctors Company is a medical malpractice insurance company that provides professional liability insurance to physicians, surgeons, and other healthcare professionals. The company offers coverage for medical malpractice claims, as well as risk management and patient safety programs. The Doctors Company was founded in 1976 and is headquartered in Napa, California. The company has over 1000 employees and serves over 82,000 members nationwide.
Learn more about Doctors Co
Size
1,000 employees
Industry
Founded
1976

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