Senior Claims Specialist
Integrated Specialty Coverages, LLCSalary not specified
Senior Management & Professional Liability Technical Claims Specialist at Argo Group
Los Angeles, California, United States
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Specialty InsuranceIndustries
Requirements
- A J.D. Degree from an accredited university
- Deep knowledge of claims adjudication of professional liability claims
Responsibilities
- Adjudicate highly complex professional lines claims with limited oversight under broad management direction, at the highest authority limits, reflecting the highest degree of technical complexity, potentially with major impact on departmental results (claims from ArgoRe policies written out of Bermuda and UAE)
- Conduct detailed information gathering, analysis, and investigation to find solutions to numerous and undefined issues
- Report to senior management and underwriters on claims trends and developments
- Investigate claims promptly and thoroughly, including interviewing all involved parties
- Analyze claims forms, policies, endorsements, client instructions, and other records to determine coverage
- Manage claims in litigation
- Manage diary for timely and complete tasks to ensure best financial outcome and timely resolution
- Properly set claim reserves, considering different policy wordings
- Identify, assign, and coordinate expert resources for case resolution
- Prepare reports for file documentation
- Apply creative solutions for the best financial outcome
- Negotiate highly complex settlement packages, set reserves, and authorize payments within authority, settling claims cost-effectively and ensuring timely disbursements
- Process mail and prioritize workload
- Complete telephone calls and written correspondence with various parties (insured, claimant, etc.)
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the work location and arrangement for this role?
The role requires working from one of the offices in Chicago, Los Angeles, New York City, Omaha, Richmond, Rockwood, or San Antonio, five days a week to strengthen culture, build team connections, and drive profitability.
What is the salary for this position?
This information is not specified in the job description.
What skills are required for the Senior Technical Claims Specialist role?
The role requires the ability to adjudicate highly complex professional lines claims with limited oversight, conduct detailed investigation and analysis, manage claims in litigation, and report on claims trends to senior management.
What is the company culture like at Argo Group?
Argo Group has a vibrant, inclusive culture built on respect, equality, wellness, and opportunity, fostering collaboration, innovation, agility, diversity, and authentic recognition in a workplace where employees can bring their whole selves.
What makes a strong candidate for this claims specialist position?
A strong candidate has a growth mindset, desire to contribute proactively, and ability to handle highly complex claims with limited oversight while thriving in a collaborative office environment.
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
