Claims Director, Property & Casualty

Hiscox Ltd

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

Qualifications

  • 10+ years claims management experience, focusing on people management and leadership.
  • 7+ years insurance carrier claims handling experience, especially in commercial general liability.
  • Ability to translate strategic thinking into actionable plans to meet business goals.
  • Strong operational skills, keen on business processes and customer satisfaction.
  • Proven ability to leverage technology to enhance business performance.
  • Solid industry knowledge and judgment for sound decision-making in claims and business matters.
  • High learning agility and entrepreneurial spirit to adapt in a complex, global environment.
  • Proven collaboration skills with stakeholders across all organizational levels.

Responsibilities

  • Lead and develop AVPs to boost customer service and operational results.
  • Ensure Key Performance Indicators are met according to company best practices.
  • Execute strategic initiatives for cost-effective claims outcomes and litigation strategies.
  • Promote employee engagement and team performance.
  • Drive litigation management efforts and identify training needs.
  • Ensure Best Practice compliance in reserving for the CGL line of business.
  • Analyze claims trends and manage the performance of AVPs.

Benefits

  • Hybrid work model requiring two days a week in the office.
  • Professional growth opportunities within a global organization.
  • Access to innovative tools and resources for performance improvement.
  • Collaboration with key stakeholders to achieve business goals.
  • A role that influences departmental policy and competitive strategy.
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

**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

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