AVP, Complex Casualty Claims

Title:

AVP, Complex Casualty Claims

Company:

Everest Insurance Company

Job Category:

Claims

Job Description:

About Everest

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

Role Overview

Everest Insurance, a member of Everest Re Group, Ltd., has an opportunity for a highly experienced claims professional to join our Casualty Claims team in Warren, NJ (open to other locations).  This highly experienced individual will handle the most catastrophic, high exposure, third-party Property and Casualty claims.

Key responsibilities include but are not limited to:

• Building litigation team essential for aggressive defense of claims

• Managing and directing outside counsel

• Intimate collaboration with litigation team in developing litigation strategies

• Reviewing and analyzing complex coverage issues and preparation of coverage position letters

• Investigating, analyzing, and evaluating liability and damages

• Preparing case summary reports related to matters of significant reserve and trial activity

• Setting timely and appropriate case reserves

• Developing and executing litigation and claim strategies as well as resolution strategies

• Negotiating and resolving cases

• Attending key litigation events, depositions, trials, mediations, and settlement conferences

• Working with underwriters to support policy construction and drafting, reporting claim trends, data analysis, and risk assessments

• Extensive communication with insureds, brokers, reinsurers, actuaries, and underwriters

• Attending client meetings and industry functions to support retention and development of client relationships and business

• Resource for development and training on litigation strategies, best practices, and talent developments

Candidate Profile

Qualifications, Education & Experience:

• Extensive knowledge of the insurance industry, Property & Casualty landscape, claims process and legal and regulatory environment

• 15 years of claims handling experience and/or legal experience

• In-depth knowledge of the litigation, arbitration, and trial process

• Strong analytical and organizational skills

• Excellent verbal and written communication skills

• Robust negotiation and investigation skills

• Ability to think strategically without the assistance of others

• Strength to influence others and resolve complex, disputed claims

• Ability to identify and use relevant data and metrics to best manage claims

• Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency

• Proficiency to present multifaceted claims to senior management and to others in other group settings

• Currently holds or readily can obtain all required adjuster licenses

• B.A. or B.S. required; JD preferred

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click