Claims Manager, Directors & Officers (D&O) Liability
Preferred Location: New York
Alternate Locations: Chicago, Atlanta, Los Angeles, Philadelphia or San Francisco
Essential Job Functions
This position will be responsible for the active management of D&O and other Financial Lines claims within the Financial and Professional Lines (FLPL) Claims Group. Prior experience handling FLPL claims, including primary private and non-profit D&O claims is strongly preferred. The successful candidate will be required to evaluate coverage, draft coverage correspondence, undertake claims investigations, manage defense counsel and legal spend, assess liability and financial exposure, and effectively negotiate cost effective, good faith claims resolutions.
Requirements
- Bachelor’s degree and Juris Doctor preferred.
- 5+ years of experience in the insurance/legal profession dealing specifically with FLPL claims.
- Experience handling primary private and non-profit D&O, fiduciary liability (ERISA) and fidelity claims preferred. Carrier experience a plus.
- In-depth understanding of policy language/coverage.
- Experience managing, evaluation, mediating and negotiating FLPL claims. In-depth knowledge of the U.S. legal system, civil litigation, and ADR proceedings.
- Comprehensive understanding and knowledge of federal and state laws applicable to various claims presented under FLPL policies.
- Strong interpersonal and communication skills, both verbal and written.
For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training, licensure and certifications; and other business and organizational needs. A reasonable estimate of the current range is $170,000 - $190,000.
