Talent.com
Director, Credit Claims

Director, Credit Claims

EverestNew York, NY, US
1 day ago
Job type
  • Full-time
Job description

Director, Credit Claims

Everest Insurance Company

About Everest :

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

About the Role :

Direct Handle Surety & Trade Credit / Political Risk Claims and Pre-Claim Matters. Investigate contract and commercial surety bond claims; Structured Credit / Trade Credit / Project Finance Pre-Claim / Claims. Work within specific limits of authority on assignments of significant technical complexity and coordination. Utilizing claims policies and guidelines reviews coverages, investigates and determines liability; compensability; identify and implements loss mitigation strategies; negotiates and resolves claims.

Essential Duties & Responsibilities :

  • Performs a combination of duties in accordance with departmental guidelines.
  • Interprets complex bond coverages and determines if coverages apply to claims submitted, escalating issues as needed.
  • Sets reserves and authorizes payments within scope of authority.
  • Ensures issuance of disbursements while managing loss costs and expenses.
  • Coordinates and performs investigations and evaluates claims and suits through contact with principals, claimants, business partners, counsel, and experts.
  • Seeks early resolution opportunities; utilizes negotiation skills to develop complex settlement packages; identifies claims with recovery potential and coordinates with subrogation / salvage unit.
  • Partners with attorneys, account representatives, agents, underwriters, and principals to develop a focused strategy for timely and cost-effective resolution of more complex claims.
  • Analyzes claims activities. Prepares and presents reports for management. May be responsible for special projects and presentations.
  • Responsible for input of data that accurately reflects claim circumstances and other information important to our business outcomes.
  • May provide guidance and assistance to other claims staff and functional areas.
  • Partner with Underwriting in Marketing the Surety Product.
  • Provide Underwriting with Data and Metrics regarding.
  • Keeps current on state / international regulations and issues as well as industry activity and trends.

Skills Knowledge and Abilities :

  • Solid knowledge of claims and surety / trade credit / political risk and insurance industry theory and practices.
  • Demonstrated technical expertise and product specific knowledge.
  • Strong interpersonal communication and negotiation skills. Ability to effectively interact with all levels of Everest's internal and external business partners.
  • Ability to work independently managing time and resources to accomplish multiple tasks and meet deadlines.
  • Strong analytical and problem-solving skills enabling viable alternative solutions.
  • Ability to exercise independent judgement and make critical business decisions effectively assessing the merits of claims as well as evaluating claims based on a cost benefit analysis.
  • Solid knowledge of Microsoft Office Suite as well as other business-related software.
  • Ability to adapt to change and value diverse opinions and ideas.
  • Ability to fully comprehend claim information; and to further articulate analyses of claims in internal reports.
  • Ability to handle claims with a proactive long-term view of business goals and objectives.
  • Education and Experience :

  • JD preferred or CPA.
  • A minimum 3 to 5 years claims experience.
  • The base salary range for this position is $134,000 - $187,300 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

    Create a job alert for this search

    Claim Director • New York, NY, US

    Related jobs
    • Promoted
    Claim Director

    Claim Director

    ChubbJersey City, NJ, US
    Full-time
    Focus on the core content of the job post, making it beautiful and clean.Remove all extra metadata, navigation mentions, and redundant headers. Keep the high signal to noise ratio and ensure it's co...Show moreLast updated: 30+ days ago
    • Promoted
    Complex Claim Director - Employment Practices Liability

    Complex Claim Director - Employment Practices Liability

    AIGNew York, NY, US
    Full-time
    Complex Claim Director - Employment Practices Liability (EPL).At AIG, we are reimagining the way we help customers to manage risk. Join us as a Complex Claim Director - Employment Practices Liabilit...Show moreLast updated: 22 days ago
    • Promoted
    Audit Manager (Non-Profit)

    Audit Manager (Non-Profit)

    JobotHazlet, NJ, US
    Full-time +1
    Audit and Assurance Manager (Non-Profit) / Hybrid / $$$ / Top 50 firm.This Jobot Job is hosted by : Joseph Sipocz.Are you a fit? Easy Apply now by clicking the "Apply Now" buttonand sendin...Show moreLast updated: 21 days ago
    • Promoted
    VP, Delegated Claims Manager

    VP, Delegated Claims Manager

    RenaissanceReNew York, NY, US
    Full-time
    RenaissanceRe is a leading writer of Property & Casualty Reinsurance.For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to...Show moreLast updated: 30+ days ago
    • Promoted
    Claims Manager, D&O

    Claims Manager, D&O

    StarrcompaniesNew York, NY, US
    Full-time
    Starr is looking for "driven" and "passionate" individuals to join our team.There's no shortage of opportunities as we continue to grow. Alternate Location : Chicago, Atlanta, Los Angeles, Philadelph...Show moreLast updated: 30+ days ago
    • Promoted
    Claim Director-Environmental

    Claim Director-Environmental

    ChubbJersey City, NJ, US
    Full-time
    This is the main job post content.We have removed all extraneous metadata, links, buttons, and other unnecessary elements to focus on the core job post details. The formatting has been adjusted to e...Show moreLast updated: 30+ days ago
    • Promoted
    Claim Director-Primary & Excess Casualty

    Claim Director-Primary & Excess Casualty

    ChubbJersey City, NJ, US
    Full-time
    This is a role focused on technical claim handling for Chubb insured's nationwide.In this role you will manage complex primary and excess general liability and automobile claims, both litigated and...Show moreLast updated: 30+ days ago
    • Promoted
    Manager, Credit Risk Review

    Manager, Credit Risk Review

    Webster BankStamford, CT, US
    Full-time
    If you're looking for a meaningful career, you'll find it here at Webster.Founded in 1935, our focus has always been to put people first doing whatever we can to help individuals, families, busine...Show moreLast updated: 14 days ago
    • Promoted
    Complex Claims Director, Cyber Media & Technology

    Complex Claims Director, Cyber Media & Technology

    AIGNew York, NY, US
    Full-time
    Complex Claims Director- Cyber, Media, & Technology.Join us as a Complex Claims Director- Cyber, Media, & Technology to grow your experience in Claims. Our Claims teams are the proven problem solver...Show moreLast updated: 30+ days ago
    • Promoted
    Claims Examiner, Commercial General Liability

    Claims Examiner, Commercial General Liability

    Arch Capital GroupMorristown, NJ, US
    Full-time
    With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potentia...Show moreLast updated: 16 days ago
    • Promoted
    Technical Claims Director, Property & Casualty

    Technical Claims Director, Property & Casualty

    HiscoxNew York, NY, US
    Full-time
    Build a brilliant future with Hiscox.Hiscox USA underwrites small- to mid-market commercial risks through brokers, other insurers and distribution partners and directly to businesses.In 2023, gross...Show moreLast updated: 21 days ago
    • Promoted
    Complex Claims Director, Severity

    Complex Claims Director, Severity

    AIGJersey City, NJ, US
    Full-time
    Complex Director Severity Claims.At AIG, we are reimagining the way we help customers to manage risk.Join us as a Complex Director Severity Claims to play your part in that transformation.It's an o...Show moreLast updated: 30+ days ago
    • Promoted
    Deductions & Claims analyst

    Deductions & Claims analyst

    US Tech SolutionsSomerset, NJ, US
    Full-time +1
    Duration : 24 months contract, Full-Time.The analyst role will investigation, analysis and timely resolution of customer deductions / claims. Provide superior customer service by building collaborative...Show moreLast updated: 1 day ago
    • Promoted
    Director, Corporate Reimbursement (Hybrid / Remote)

    Director, Corporate Reimbursement (Hybrid / Remote)

    RWJBarnabas Health Corporate ServicesOceanport, NJ, US
    Remote
    Full-time
    Job Title : Director Location : Barnabas Health Corp Department : Corporate Reimbursement Req : 0000180233 Status : Full-Time Shift : Day Pay Range : $144,483. Annual Pay Transparency : The above reflects t...Show moreLast updated: 2 days ago
    • Promoted
    PIP / PD Claims Manager

    PIP / PD Claims Manager

    Avis Budget GroupParsippany, NJ, US
    Full-time
    Here at Avis Budget Group, you will be joining a team of 25,000 driven people, performing with purpose.Together, we're moving the future of transportation forward with our innovative, customer-focu...Show moreLast updated: 28 days ago
    • Promoted
    Managing Director Counterparty Credit Risk

    Managing Director Counterparty Credit Risk

    Webster BankNew York, NY, US
    Full-time
    Webster Bank Counterparty Credit Management Director.If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first doing ...Show moreLast updated: 29 days ago
    • Promoted
    Director - Liquid Credit

    Director - Liquid Credit

    Webster BankStamford, CT, US
    Full-time
    If you're looking for a meaningful career, you'll find it here at Webster.Founded in 1935, our focus has always been to put people first doing whatever we can to help individuals, families, busine...Show moreLast updated: 30+ days ago
    • Promoted
    Manager Credit Risk Review

    Manager Credit Risk Review

    Webster BankStamford, CT, US
    Full-time
    If you're looking for a meaningful career, you'll find it here at Webster.Founded in 1935, our focus has always been to put people first doing whatever we can to help individuals, families, busine...Show moreLast updated: 16 days ago