AVP, Property - Litigation Claims

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Join to apply for the AVP, Property - Litigation Claims role at Arch Insurance Group Inc.

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Arch Insurance Group Inc. provided pay range

This range is provided by Arch Insurance Group Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$17,500.00 / yr - $107,900.00 / yr

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 potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility?.

Position Overview

Arch Insurance Group Inc., (AIGI), has an opening with the Claims Division on the Property Team as an AVP Property Litigation Specialist. In this role, the responsibilities include actively managing first-party Commercial Property litigation claims resulting from suits against the company. Lines of business include Commercial Excess and Surplus, Middle Market Property and Property Programs.

Primary Responsibilities

Specific duties include but not limited to the below :

• Manage litigated claims consistent with Arch litigation management guidelines
• Collaborate with internal legal team on selection of counsel, case evaluation and litigation strategy.
• Present to Claim and Underwriting management regarding specific claims and broader trends
• Develop alternative case resolution strategies as appropriate.
• Develop and update litigation plan
• Prepare and update legal expense budgets
• Participate as Subject Matter Expert in development of training for internal and TPA staff
• For Program claims, maintain contact with the TPA claim staff, business line leader, underwriter, and defense counsel, and program manager
• Provide feedback to Property Claim management on trends or patterns related to drivers of litigation
• Investigate claim and review the insureds' materials, pleadings, and other relevant documents
• Identify and review of each jurisdiction's applicable statutes, rules, and case law
• Review litigation materials including depositions and expert's reports
• Travel to and from locations within the United States to attend mediations, trials, and other proceedings relevant to the resolution of the matter
• Negotiate resolution of claims
• Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to claims inquiries from insured, counsel, underwriters, brokers, and senior management

Qualifications

Education And Experience

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$107,900 - $175,00 / year

Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.

14400 Arch Insurance Group Inc.

Seniority level

Seniority level

Executive

Employment type

Employment type

Full-time

Job function

Job function

Finance and Sales

Industries

Insurance

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