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, with substantial leadership experience
  • 7+ years of insurance claims handling experience, preferably in commercial general liability
  • Proven ability to translate strategic initiatives into actionable plans
  • Strong operational skills with a focus on process, systems, and customer service
  • Track record of leveraging technology to enhance business efficiency
  • Industry acumen with sound judgment in decision-making processes
  • High learning agility and entrepreneurial spirit for navigating complex environments
  • Ability to effectively collaborate with stakeholders at all organizational levels

Responsibilities

  • Lead and inspire Team AVPs to enhance customer service and achieve results
  • Ensure compliance with Key Performance Indicators and Hiscox USA Best Practices
  • Drive strategic initiatives for innovative and cost-effective claims management
  • Foster employee engagement and team development
  • Manage litigation processes and address training opportunities
  • Oversee compliance with reserving practices for the CGL line of business
  • Monitor claims trends and ensure prompt and adequate reserving
  • Engage in recruitment and onboarding activities for new team members
  • Participate in or lead various Claims Projects as required
  • Collaborate with stakeholders to meet operational goals

Benefits

  • 401(k) plan with competitive company match
  • Comprehensive health, vision, and dental insurance
  • Paid group term life and disability coverage
  • 24 PTO days and 10 paid holidays, with options to purchase additional time off
  • Paid parental leave and a 4-week sabbatical after 5 years of service
  • Financial assistance for adoption and medical travel reimbursement
  • Annual fitness program reimbursement of up to $600
  • Company-paid subscription to a mental health app for well-being support
  • Recognition with the 2024 Cigna Well-Being Award for wellness programs
  • Dynamic, values-driven workplace culture with modern office spaces
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

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 Cignas 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

#LI-RM1

Similar Jobs

  • FCCI Mutual Insurance Holding Company
    Director, Inland Marine
    $141K — $217K *
    FCCI Mutual Insurance Holding Company
    Lawrenceville, GA 30043 (Gwinnett County)

More Jobs at Hiscox Ltd

More Finance & Insurance Jobs

Find similar Claims Director, Property & Casualty jobs: