Senior Environmental Technical Claims Specialist at Argo Group

Richmond, Virginia, United States

Argo Group Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Must have good business acumen (i.e. understand h [incomplete in JD, but listed as core qualification])

Responsibilities

  • Working under limited oversight under broad management direction, adjudicate commercial environmental claims at the highest authority limits on assignments reflecting the highest degree of technical complexity, potentially with major impact on departmental results
  • Conducting detailed information gathering, analysis and investigation to find solutions to issues that are numerous and undefined
  • Reporting to senior management and underwriters on claims trends and developments
  • Analyzing claims forms, policies and endorsements, client instructions, and other records to determine whether the loss falls within the policy coverage
  • Investigating claims promptly and thoroughly, including interviewing all involved parties
  • Managing claims in litigation
  • Managing diary timely and complete tasks to ensure that cases move to the best financial outcome and timely resolution
  • Properly setting claim reserves, taking into account how different policy wordings impact the claims reserving process
  • Identifying loss drivers and claims trends to reduce claims frequency and severity through data analysis and improved claim management
  • Identifying, assigning, and coordinating the assignment and coordination of expertise resources to assist in case resolution
  • Preparing reports for file documentation
  • Applying creative solutions which result in the best financial outcome
  • Negotiates in a timely and effective manner to provide cost effective solutions for the company and its customers within own limits using a range of negotiation styles
  • Processing mail and prioritizing workload
  • Completing telephone calls and written correspondence to/from various parties (insured, claimant, etc.)
  • Having an appreciation and passion for strong claim management

Skills

Environmental Claims
Claims Adjudication
Storage Tank Claims
Commercial Insurance
Property Casualty Insurance
First Party Claims
Third Party Claims

Argo Group

Specialized insurance solutions for unique risks

About Argo Group

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Unlike many competitors, Argo emphasizes corporate responsibility and community engagement, participating in initiatives related to diversity, environmental sustainability, and disaster relief. The company's goal is to foster long-term relationships with clients while promoting an inclusive workplace that supports personal and professional growth.

Pembroke, BermudaHeadquarters
1996Year Founded
$17.9MTotal Funding
IPOCompany Stage
Social Impact, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Company Match
Unlimited Paid Time Off
Flexible Work Hours
Paid Vacation
Paid Sick Leave
Paid Holidays
Paid Caregiver Leave
Paid Parental Leave
Paid Bereavement Leave
Military Leave
Employee Assistance Program (EAP)
Wellness Program
Employee Referral Bonus

Risks

Leadership changes may lead to strategic instability post-Brookfield acquisition.
Talent drain, such as departures to competitors, could impact Argo's operations.
Brookfield's acquisition may shift company priorities and lead to restructuring.

Differentiation

Argo specializes in niche markets with unique risk profiles like construction and marine.
The company offers tailored insurance solutions not typically covered by standard policies.
Argo's commitment to corporate responsibility enhances its reputation and client relationships.

Upsides

Increased demand for digital insurance platforms aligns with Argo Interactive's mobile services.
The rise of parametric insurance products offers expansion opportunities in niche markets.
AI integration in underwriting improves risk assessment, benefiting Argo's specialty services.

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