Insurance In Bermuda Jobs in Pennsylvania (NOW HIRING)

Take the next step in your career with us.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.
Our people are our most important asset, and we are very proud of the quality of our team members.

Job Duties:

• Efficiently manage a vigorous claim volume involving a broad spectrum of accounts and coverages. Ensure the prompt analysis of coverage, issuance of accurate and timely coverage position letters, manage litigation, and interact with insureds, brokers, defense counsel, underwriters and other parties as required. Effectuate the establishment of timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management.
• Approve reserves, payments and other actions consistent with authority.
• Conduct periodic claim file reviews and monitor claim litigation.
• Provide back-up for claim staff.
• Interact with underwriters concerning claims trends and strategic initiatives.
• Interact with legal & compliance as necessary regarding enhancements/modifications to policy forms and endorsements.
• Meet with actuaries and finance as required.
• Interact with claim operations as necessary regarding enhancements to claims systems and other operational issues.
• Assist with claims related queries in internal and external audits.
• Work with reinsurers as needed.

Job Requirements:

• A minimum of 5 years' experience handling environmental insurance claims or related relevant experience although experience in handling professional liability claims is preferred.
• Bachelor's degree is required, but a J.D. is preferred.
• Strong leadership and communication skills with substantial knowledge of issues underlying a variety of Environmental, claims.
• Excellent negotiation and communication skills including technical writing.
• Ability to manage internal and external relationships and staff development.
• Ability to develop and implement departmental policies and procedures, analyze coverage and instruct and collaborate with counsel regarding litigation strategy and claim resolution, and resolve claims and otherwise act within the scope of delegated authority.
• Work requires the ability to read, comprehend and analyze written materials quickly and to use a computer for long periods of time. Some travel required.

The salary range for this role is between:

Up to $150,000 USD

The below annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below he listed range and determined by a number of considerations, including but now limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one compensation of Allied World comprehensive total reward package, which may also include annual incentive compensation rewards.

Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance.Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected bylaw.

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
Instant membership in the Allied World - a global network of colleagues who will support your career journey
A manager who will help you build your career through a structured coaching program
Access to a full suite of learning and development tools and resources
Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.