Sr. Vice President - Claims Manager

Company Details

Berkley Re is a specialty P&C reinsurer that provides solutions for insurers with a successful business model built upon specialization in the products they underwrite. Our experienced underwriting staff partners closely with clients to provide innovative reinsurance solutions that support profitable growth and financial stability over time. We are able to leverage deep institutional knowledge built up over 50 years of specialty underwriting and prudent capital management to expertly server out clients’ needs. Berkley Re America is the North American broker market Treaty and Facultative company of Berkley.

Responsibilities

The Company is an equal employment opportunity employer.

The SVP – Claims Manager is responsible for the overall Claims operation of Berkley Re America (the Company). The person in this role is responsible for the overall technical quality of claims and establishing strategies to improve cost effectiveness. This person consults and discusses findings of claims audits with underwriters, actuaries and Company senior management in addition to offering solutions to complex legal issues. The SVP- Claims Manager should look for claims trends that could impact underwriting and pricing decisions and strategies on a go forward basis. The SVP- Claims Manager will also perform all duties relating to performance management for their direct reports and is a Company representative at various industry and client functions.

• Manages the overall Claims operation
• Reviews and provides feedback with respect to claim handing on files to ensure compliance with claims procedures and policies
• Manages performance of all direct reports, including development planning, succession planning, performance appraisal administration, hiring, terminations and all related personnel matters in partnership/conjunction with the Company’s HR Lead
• Reviews claim evaluations and settlements of cedent companies within the employee’s authority
• Provides authorization for settlement of claims which exceed the Examiner’s authority
• Maintains close and systematic engagement with key stakeholders including underwriters and reinsurance brokers regarding coverage interpretations and communications
• Coordinates and consults with reinsurance coverage counsel and corporate legal on reinsurance matters (including Arbitrations)
• Liaises with IT to develop accurate reporting and generate system improvements
• Negotiates commutations within given authority ranges
• Recommends strategies to improve cost effectiveness
• Liaises with reinsurance accounting on significant collection matters
• Travels 10 – 30%
  
  

Qualifications

• 15 + years prior insurance experience with heavy reinsurance experience preferred.
• Ability to apply strategic proactive and innovative skills to develop creative solutions and solve problems to achieve desired business results
• Proven technical expertise regarding Property, Casualty, Bordereau reporting and cedent audits
• Strong and demonstrated managerial skills
• Excellent interpersonal communication skills
• Ability to work in a collaborative fashion with a wide spectrum of people and to develop and maintain strong business relationships within team and with internal and external stakeholders
• Ability to accept new challenges in a continually-changing business environment
• The Company is an equal opportunity employer
  
  

Education Requirement

• Bachelor’s degree.
• Completion of the SCLA, PLUS, Associate in Risk Management (ARM), Associate in Reinsurance (ARe) and / or CPCU designation(s) desirable.
  
  

Sponsorship Details

Sponsorship not Offered for this Role