Arch Capital Group Ltd.

Claims Property Supervisor

Arch Capital Group Ltd.$80K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or equivalent; college degree preferred.
  • NY State Adjusters license preferred, but must be obtained within 3 months if not possessed.
  • 2-3 years of experience in commercial claims handling for both first-party and third-party claims.
  • Familiarity with state regulations pertaining to claims resolution.
  • Strong communication skills, both written and verbal.
  • Proficient in Microsoft Windows environment, especially Excel, Word, and Outlook.

Responsibilities

  • Oversee and guide a team of adjusters on commercial insurance claims.
  • Provide initial guidance on daily claim assignments to optimize processing.
  • Support the team in coverage investigations and liability evaluations.
  • Ensure compliance with insurance regulations during claims management.
  • Monitor and assess individual performance against quality and performance metrics.

Benefits

  • Comprehensive medical, dental, vision, and prescription drug coverage.
  • Competitive 401k plan with generous matching contributions.
  • 20 days of paid time off (PTO) plus up to 12 paid holidays per year.
  • Paid Volunteer Time Off (2 days) to encourage community involvement.
  • Paid Parental Leave of up to 10 weeks for new parents.
  • Student Loan Assistance and Tuition Reimbursement to further education.
  • Backup childcare and elder care support.
Full Job Description
Job Summary

This position is responsible for providing daily support, supervision, and guidance to a team of adjusters handling of commercial insurance claims. This may include supervision of claims handled by a Third-Party Administrator (TPA).

Essential Functions
• Ensure that the claim team follows our best practices to optimize claim processing quality and timeliness.
• Provide appropriate upfront directives on daily new claim assignments.
• Assist the claim team in coverage investigations, liability analysis, damage evaluation, reserving, and settlement negotiations.
• Ensure compliance with Insurance Department regulations.
• Monitor individual performance and ensure it meets expected quality and performance objectives.

Knowledge, Skills, and Abilities
• High-school degree or equivalent, college degree preferred.
• NY State Adjusters license or equivalent a plus, but not required. Ability to obtain state licensing as needed within 3 months of hire.
• Minimum of 2-3 years exposure to commercial claims handling including first-party and third-party claims adjustment (knowledge of commercial coverages a plus).
• Knowledge of various state regulations as they apply to the claims resolution.
• Strong written and verbal communication skills.
• The ability to succeed and excel in a collaborative and team-based environment
• Strong time management and desk management skills.
• Knowledge of and ability to operate efficiently in a Windows-based environment using Excel, Word, and Outlook as well as company claim administration software.
• Ability to work independently and to carry out assignments to completion.

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.

$80,000 - $110,000/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 here to learn more on available benefits.

20200 McNeil & Company, 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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