Arch Capital Group Ltd.

Claims Examiner, General Liability

Arch Capital Group Ltd.$71K — $111K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree or 6 years of commercial Claims experience in lieu of degree
  • 3-5 years of experience with primary/excess carrier for Casualty claims; Construction experience is a plus
  • Proper & active adjuster licensing in applicable states
  • Exceptional communication skills in evaluating, influencing, and negotiating
  • Strong time management and organizational skills
  • Proficiency in Microsoft Excel, PowerPoint, and Word

Responsibilities

  • Identify and assess coverage issues; draft coverage position letters and retain counsel as needed
  • Develop and implement strategies for coverage issues aligned with overall case strategy
  • Ensure timely and accurate resolution strategies to mitigate indemnity and expenses
  • Communicate developments and outcomes with claims carriers and relevant associates
  • Investigate claims, review insureds' materials and relevant documents
  • Review applicable statutes, rules, and case law for each jurisdiction
  • Prepare and present detailed reports to senior management regarding claims evaluations

Benefits

  • Multiple medical plans, including dental, vision, and prescription coverage
  • Generous 401k plan with matching contributions
  • 20 days of paid time off plus 12 paid holidays and 2 volunteer days
  • Short and long-term disability insurance
  • Paid parental leave of up to 10 weeks
  • Student loan assistance and tuition reimbursement
  • Backup child and elder care services
Full Job Description

Position Summary

Arch Insurance Group Inc., AIGI, has an opening with the Claims Division on the Mid Corp Casualty Team as a Claims Examiner, Casualty.  In this role, the responsibilities include actively managing commercial claims for medium severity, and general liability, and auto accounts, as well as the associated excess and umbrella policies, in jurisdictions throughout the United States.

Responsibilities

  • Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel, when necessary, as well as review coverage counsel's opinion letters and analysis

  • Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care

  • Develop and implement timely and accurate resolution strategies to ensure mitigation of indemnity and expense exposures

  • Maintain contact with any/all associated claims carrier(s)’ claims staff, business line leader, underwriter, defense counsel, program manager, and broker to communicate developments and outcomes as necessary

  • Investigate claims and review the insureds' materials, pleadings, and other relevant documents

  • Identify and review each jurisdiction's applicable statutes, rules, and case law

  • Review litigation materials including depositions and expert's reports

  • Analyze and direct risk transfer, additional insured issues, and contractual indemnity issues 

  • Retain counsel when necessary and direct counsel in accordance with resolution strategy

  • Analyze coverage, liability and damages for purposes of assessing and recommending reserves

  • Prepare and present written/oral reports to senior management setting forth all issues influencing evaluations and recommending reserves 

  • Travel to and from locations within the United States to attend mediations, trials, and other proceedings relevant to the resolution of the matter

  • Negotiate resolution of claims

  • Select and utilize structure brokers

  • Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to inquiries from the insured, counsel, underwriters, brokers, and senior management regarding claims

Experience & Required Skills

  • Exceptional communication (written and verbal), evaluating, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines

  • Strong time management and organizational skills

  • Demonstrated ability to take part in active strategic discussions

  • Demonstrated ability to work well independently and in a team environment

  • Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word

  • Willing and able to travel 10% 

Education

  • Bachelor’s degree or 6 years of commercial Claims experience in lieu of degree

  • Three to five (3-5) years of working experience with a primary and or excess carrier supporting commercial accounts for Casualty claims; with Casualty and Construction a plus

  • Proper & active adjuster licensing in all applicable states

#LI_SW1

#LI_HYBRID

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

For O'Fallon/Alpharetta: $61,900 - $96,100/year
For Chicago: $71,900 - $111,700/year
For Morristown/JC: $79,900 - $124,000/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click to learn more on available benefits.

14400 Arch Insurance Group Inc.

About Arch Capital Group Ltd.

Arch Capital Group Ltd. is a Bermuda-based public limited liability company which writes insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. Arch Capital Group Ltd. is a Bermuda-based public limited liability company which writes insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth.
Learn more about Arch Capital Group Ltd.
Size
4,000 employees
Market Cap
$23.1 billion
Industry
Net Income
$1.4 billion
5 Year Trend
+16.3%
Revenue
$8.3 billion

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