Claims Director, Property & Casualty

Hiscox Ltd

$185K — $225K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of claims management experience, emphasizing people management and leadership.
  • 7+ years experience handling claims with an insurance carrier, ideally in commercial general liability.
  • Ability to transform strategic insights into actionable plans to achieve business goals.
  • Strong operational know-how encompassing business processes and systems with a passion for customer service.
  • Demonstrated success in using technology to enhance business performance and efficiency.
  • Robust industry knowledge complemented by sound judgment for claims and business decisions.
  • High adaptability and eagerness to learn with an entrepreneurial mindset suited for complex global environments.
  • Proven experience in stakeholder collaboration across various organizational levels, including senior management.

Responsibilities

  • Lead and develop AVPs/Team Managers to ensure customer service excellence and result-driven performance.
  • Ensure delivery of key performance indicators while adhering to Hiscox USA Best Practices.
  • Implement strategic business initiatives for effective and cost-efficient claims results and consistent customer experience.
  • Support employee engagement goals and enhance team performance and growth opportunities.
  • Promote effective litigation management and identify training needs based on trend analysis.
  • Monitor and enforce compliance with reserving practices for the CGL line of business.
  • Oversee the performance and strategic initiatives of AVPs, including recruitment and onboarding.
  • Collaborate with key stakeholders to meet operational objectives and business needs.

Benefits

  • Comprehensive health insurance, including vision and dental plans.
  • 401(k) plan with competitive company matching.
  • Generous paid time off policy, including 24 PTO days and parental leave.
  • Company-paid term life and disability insurance coverage.
  • Paid sabbatical after every five years of service.
  • Health club membership reimbursement and mental health program access.
Full Job Description
Job Type:
Permanent

Claims Director, Team Manager Lead

The Role:

The Claims Director, Property & Casualty is a senior level leader responsible for the execution and delivery of the US Claims strategy by developing, managing, and motivating engaged AVPs/Team Mangers. This person combines excellent technical claims handling, people management, and leadership skills. Claims Directors are managers of managers who provide overall leadership across our general liability teams. This person also:
  • Leads, motivates and develops Team AVPs overseeing and delivering on customer service and results;
  • Responsible for delivery of Key Performance Indicators and adherence to Hiscox USA Best Practices;
  • Leads and executes on identified strategic business initiatives to deliver cost effective and innovative claims results, claims litigation strategy and a consistent, high value customer experience;
  • Supports claim employee engagement goals, team performance and development;
  • Drives litigation management behaviors and identifies trends and training opportunities to address same;
  • Oversees and drives Best Practice compliance with the reserving process for the CGL LOB, including overseeing exposure, and ensuring timeliness and adequacy of incurred reserves;
  • Tracks claims trends and reserving, with respect to timeliness and sufficiency;
  • Effectively manages performance of AVPs;
  • Plays an active role in recruitment and onboarding;
  • Leads and/or participates in Claims Projects as needed;
  • Works directly with key stakeholders, such as UW and Claim Operations, to deliver on business needs, goals and important operational objectives.


Qualifications:
  • 10+ years of claims management experience or equivalent, including significant people management and leadership experience
  • 7+ years insurance carrier claims handling experience, preferably with commercial general liability lines
  • The ability to translate strategic thinking into tangible plans and delivery to effectively meet business objectives
  • Strong operational skills, including both business process and systems, combined with a visible passion for the customer
  • A strong track record of leveraging technology to innovate and improve business performance and efficiency
  • Industry acumen and proven strong judgement to make sound claims and broader business decisions
  • High learning agility and intellectual curiosity combined with the entrepreneurial spirit to work in a complex and global environment
  • A proven track record of collaborating and managing stakeholders across all levels, including senior management


Hiscox Values:

At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.
  • Courage: Dare to take a risk
  • Ownership: Passionate, commercial and accountable
  • Integrity: Do the right thing, however hard
  • Connected: Together, build something better
  • Human: Clear, fair and inclusive


What Hiscox USA Offers:
  • Competitive salary and bonus (based on personal & company performance)
  • 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, 2 Hiscox Days, 10 paid holidays, and ability to purchase 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
  • Recipient of 2024 Cigna's Well-Being Award for having a best-in-class health and wellness program
  • Dynamic, creative and values-driven culture
  • Modern and open office spaces, complimentary drinks


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

Salary Range: $185k - $225k

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

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