AVP, Team Manager

Hiscox Ltd

$120K — $155K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of claims handling experience, JD preferred for additional experience credit
  • 5+ years in Commercial General Liability claims, including Bodily Injury and 3rd Party Property Damage
  • 4+ years of claims management experience
  • Deep understanding of claims handling practices and litigation management
  • Strong analytical and critical thinking abilities combined with excellent communication skills

Responsibilities

  • Manage claims volume and staffing effectively for optimal team performance
  • Implement and execute claims best practices aligned with Hiscox's goals
  • Drive key performance indicators through audits and team oversight
  • Review and approve complex coverage correspondence
  • Focus on litigation strategy and efficiency across the team
  • Identify and escalate emerging risks to senior management
  • Foster collaborative relationships with leadership and across departments
  • Recruit, train, and mentor team members to enhance service quality

Benefits

  • 401(k) with competitive company matching
  • Comprehensive health insurance, including dental and vision coverage
  • Generous paid time off policy including 24 PTO days and a 4-week sabbatical
  • Paid parental leave and adoption assistance
  • Wellness programs, including gym reimbursements and mental health support through Headspace
Full Job Description
Job Type:
Permanent

Position: AVP, Team Manager - GL BI and PD

Reporting to: Claims Director, Property & Casualty

Band: II

Location: Atlanta, Boston, Chicago, Hartford, New York, Scottsdale

Flexibility: Permanent

Travel: Hybrid

The Team:

The Hiscox US Claims team is a dynamic and growing group of technically minded professionals working together to provide superior customer service, through exemplary claims handling leading to positive claim outcomes. The Claims staff is empowered to manage their claims within given authority to provide fair and fast resolution of claims for our policy holder and broker partners. With strong growth across the US business, the Claims team is focused on delivering first in class claims service while reinforcing Hiscox's strong brand built on a long history of outstanding claims handling.

The Role:

The AVP Team Manager - General Liability - is a leader in the Claims organization reporting to the Claim Director of Property & Casualty. This very important role is pivotal to the success of the Claims organization and the ability to achieve both Claims and Portfolio goals by developing, managing and motivating a team of engaged and high-performing Claims professionals.

The role requires excellent technical claims handling skills, strong people management, the use and implementation of data to drive key performance metrics and the ability to lead through change. AVP's provide managerial support, guidance and mentorship to their assigned team.

Key Responsibilities:
  • Effectively manage the claims and claims volume through proper staffing of the team and active oversight of the claims, including assessing and allocating new incoming claims, reopened claims, and claims that may need to be transferred due to severity or complexity
  • Responsible for implementing and executing Hiscox's Best Practices, including but not limited to reserve-setting and reserve timeliness, undertaking comprehensive coverage analysis, developing claim-handling strategy, in an effort to align with and deliver on Hiscox's KPIs, execute on strategies to efficiently manage claims and claim outcomes and deliver excellent service as the business scales
  • Drive KPI's and adherence to Hiscox's Best Practices through managerial diary and file audits
  • Review and approve coverage correspondence, particularly matters involving coverage denials and sensitive or complicated coverage issues
  • Focus on litigation management and strategy within your direct team and across the wider Claims organization to achieve effectiveness and efficiencies of scale
  • Identify, assess and escalate key issues, trends and emerging risks impacting the US business to senior claims management
  • Establish collaborative relationships across our leadership, within Claims as well as other business areas
  • Hire, train, motivate and coach employees to provide excellent claim service while continually assessing employee performance and providing feedback and training opportunities.
  • Act as the escalation point for customer and broker concerns or complaints to facilitate resolution efficiently and effectively
  • Assist Director in preparing and presenting reserve analysis and claims trends while taking an active and engaged role in the feedback loop between Claims, Underwriting and Actuarial teams


Required Skills and Experience:
  • At least 10 years of experience in handling claims. A JD from a law school with ABA accreditation may count as additional claims handling experience
  • 5+ of experience in Commercial General Liability claims to include both Bodily Injury and 3rd Party Property Damage experience. Construction Defect and/or New York Labor Law experience is a plus.
  • 4+ of Claims management experience
  • Expert knowledge of claims handling practices, including coverage analysis, litigation management and negotiation
  • Excellent analytical, critical thinking and communication skills are a must
  • Strong skills in building engagement, rapport and relationships with others
  • Advanced analytical skills for evaluating coverage and for developing and executing claim-handling strategies to achieve optimal claim results
  • Evidence of efforts to enhance product innovation, improve claims processes and/or gain a deeper understanding of other aspects of the business through training, interactions with external/internal stakeholders or other relevant projects
  • Technical leader who can address challenges that may come up from direct reports or others inside or outside of the organization
  • Ability to manage through uncertainty or change and address challenges and implement solutions
  • Experience in partnering with internal and external stakeholders, including Actuary, Underwriting, Legal and Risk Control
  • Dedication to excellent customer service
  • Ability to efficiently manage the claims load for your team by developing team, hiring top notch talent and providing hands-on training, mentoring, oversight and support
  • Insurance adjuster license(s), or willingness to obtain them


What We Offer:
  • 401(k) with competitive company matching
  • Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
  • Company paid group term life, short- term disability and long-term disability coverage
  • 24 Paid time off days plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days
  • Paid parental leave
  • 4-week paid sabbatical after every 5 years of service
  • Financial Adoption Assistance and Medical Travel Reimbursement Programs
  • Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
  • Company paid subscription to Headspace to support employees' mental health and wellbeing
  • 2024 Gold level recipient of Cigna's Healthy Workforce Designation for having a best-in-class health and wellness program
  • Dynamic, creative, and values-driven culture
  • Modern and open office spaces, complimentary drinks
  • Spirit of volunteerism, social responsibility, and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation


Salary Range: $120k-$155k

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

**Please note that this position is hybrid and requires two (2) days in our office weekly**



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Work with amazing people and be part of a unique culture

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