Claims Analyst, North American Claims Group (Finance)

Job Summary:

Investigate, evaluate, and resolve claims made against the Company's   umbrella and excess general liability policies. Work closely with the Vice President of Excess Claims on many of the highest exposure claims in the department.  Engage in collaborative projects in support of other areas of the company, including underwriting, actuarial, finance and operations. Provide superior service to all customers, whether internal or external.

Job Duties

·      Efficiently manage a vigorous load of claims involving a broad spectrum of accounts and coverages. Promptly analyze coverage, draft accurate and timely coverage positions, and manage litigation by effectively interacting with insureds, brokers, defense counsel, underwriters and other parties as required. Establish timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management. Represent Company in the resolution of claims and participate in legal proceedings, including mediations.

·      Work with other areas of the Company including underwriting, finance and accounting, actuarial, operations and technology on projects as requested.  Prepare claim summaries and other reports as necessary for management.  Prepare Executive Claim reports and present on a quarterly basis to senior executives.

·      Meet with existing or prospective clients and brokers. Attend relevant industry conferences/meetings.

Job Requirements:

·         1-3 years of experience handling liability insurance claims or related relevant experience. Experience handling excess casualty claims is strongly preferred. Four-year college degree is required.

·      Substantial knowledge of issues underlying Casualty claims and coverage issues. Excellent negotiation and communication skills. Technical writing experience. Proficient with Microsoft Office products.

·      Ability to accurately and timely analyze coverage and instruct and collaborate with counsel regarding litigation strategy and claim resolution and resolve claims and otherwise act within the scope of delegated authority.

About Allied World

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. 

Our generous benefits package includes Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law. 

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.