Excess Claims Manager

Starr Insurance Companies$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • 7+ years of excess claims handling experience, specifically with NY Labor Law
  • Excellent negotiation and litigation management skills
  • Strong verbal and written communication abilities
  • Proficient with Microsoft Office suite
  • Pro-active mindset is essential
  • Insurance adjuster licenses required; broad licenses preferred

Responsibilities

  • Manage excess claims for Starr insureds across the U.S.
  • Conduct prompt coverage analyses and determine liability
  • Investigate alleged damages associated with claims
  • Evaluate reserves in a timely manner
  • Negotiate cost-effective settlements in mediations and settlement conferences
  • Liaise with underwriters, actuaries, and reinsurers on claims trends
  • Attend trials as necessary to represent the company's interests

Benefits

  • Opportunities for professional development and growth
  • Engagement in a dynamic work environment
  • Exposure to high-stakes negotiations and litigation
  • Ability to interact with industry professionals and stakeholders
  • Flexibility with travel based on business needs
Full Job Description
Responsibilities:

The Excess Claims Manager will be responsible for handling excess claims throughout the United States involving Starr insureds. The claims require prompt coverage analysis, determination of liability and defenses, investigation of alleged damages, and timely reserve evaluation.

Will be required to attend virtual and in person mediations and settlement conferences to negotiate cost-effective settlements, and potentially attend trials.

Interact with respective underwriters, actuaries, and reinsurers on trends, developments, and individual claims.

Requirements:
  • Bachelor's degree
  • At least 7 years of experience handing excess claims, including experience with NY Labor Law
  • Superior negotiation and litigation management skills
  • Strong communication (verbal and written) and interpersonal skills
  • Proficient in Microsoft Office suite
  • Must have a pro-active approach
  • Travel may be required and will vary depending on business needs and caseload
  • Insurance adjuster licenses must be obtained where needed. Candidates who are already broadly licensed, are preferred


About Starr Insurance Companies

Starr Insurance Companies Careers

There has never been a better time to join the global team of Starr Insurance Companies—the leading provider of insurance and investment solutions worldwide.

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Join Starr Insurance Companies' top-tier team to assist some of the most prestigious clients in navigating their risk management and insurance strategies. Transform the approach to global insurance solutions with the brightest minds at Starr Insurance Companies. This is where innovation meets industry expertise in a dynamic environment. Lead from a unique position in the marketplace, at the crossroads of deep industry knowledge and extensive insurance innovation. Engage with a worldwide network of professionals dedicated to redefining the future of insurance and risk management. Collaborate with a diverse and inclusive team, fostering a culture of professional growth and diversity training.

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Be part of a team that is at the forefront of industry innovation—delivering targeted solutions through a depth of expertise that is unmatched in the insurance sector.

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Develop and implement groundbreaking solutions on trusted platforms, enhancing Starr Insurance Companies' position as a leader in the insurance industry.

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