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 or equivalent experience
  • 7+ years of insurance carrier claims handling experience, focusing on commercial general liability
  • Proven ability to turn strategic ideas into actionable plans
  • Strong operational capabilities in business processes and systems
  • Demonstrated familiarity with technology to enhance business performance
  • Solid industry knowledge and decision-making expertise
  • High adaptability and entrepreneurial spirit for a complex global environment
  • Experience collaborating with senior management and diverse stakeholders.

Responsibilities

  • Lead and develop AVPs and team managers to enhance performance
  • Ensure delivery of key performance metrics and adherence to best practices
  • Execute strategic initiatives for cost-effective claims handling and customer service
  • Boost employee engagement and team performance
  • Manage litigation processes and identify training opportunities
  • Oversee compliance with reserving processes for the CGL line of business
  • Analyze claims trends and monitor reserve adequacy
  • Manage AVP performance effectively
  • Contribute to recruitment and onboarding efforts
  • Participate in claims-related projects as needed
  • Collaborate with stakeholders to meet operational goals.

Benefits

  • 401(k) with competitive matching
  • Comprehensive health benefits including dental and vision
  • Paid time off including 24 PTO days and 10 holidays
  • Paid parental leave
  • Financial adoption assistance
  • Wellness reimbursement program
  • Company-sponsored mental health support through Headspace
  • Dynamic work culture in modern office with complimentary refreshments
  • Opportunity for a paid sabbatical after five years of service
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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