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 a focus on leadership and people management
  • 7+ years of insurance carrier claims handling experience, ideally in commercial general liability
  • Ability to translate strategic vision into actionable plans to meet business objectives
  • Strong operational skills and a customer-centric approach
  • Proven track record of leveraging technology to enhance business performance
  • Sound industry knowledge with strong judgment in claims-related decisions
  • High learning agility and entrepreneurial mindset for navigating global complexities
  • Strong stakeholder management skills, including experience collaborating with senior management.

Responsibilities

  • Lead and develop Team AVPs to meet customer service and performance targets
  • Ensure adherence to Key Performance Indicators and corporate best practices
  • Execute strategic business initiatives for cost-effective claims and litigation management
  • Foster employee engagement and team performance
  • Guide litigation management and identify training needs
  • Oversee reserve compliance and track claims trends
  • Manage performance effectively of AVPs
  • Participate in recruitment, onboarding, and claims-related projects
  • Collaborate with underwriting and operations teams to meet business goals.

Benefits

  • 401(k) with competitive company matching
  • Comprehensive health, vision, dental, and FSA plans
  • Company-paid life insurance and disability coverage
  • 24 paid time off days plus Hiscox Days and paid holidays
  • Paid parental leave and sabbatical after 5 years of service
  • Financial adoption assistance and medical travel reimbursement
  • Annual health club membership reimbursement up to $600
  • Company-paid subscription to Headspace for mental wellness
  • Recognized with Cigna's 2024 Well-Being Award for health programs
  • Creative and values-driven work culture
  • Modern office spaces with complimentary drinks
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 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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