Claims Director, Coverage
Posted 24 Days Ago
Title:
Claims Director, Coverage
Company:
Everest National Insurance Company
Job Category:
Claims
Job Description:
About Everest
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
Role Purpose
This position will manage coverage litigation involving Everest Insurance companies relating to Casualty, Property, Financial Lines and Workers Compensation claims, and will provide coverage support to Claims and Underwriting. The position will work with various internal stakeholders and external counsel across North America. The position will report to the VP Claims – Coverage.
Key Responsibilities
Responsible for all aspects of claim-related lawsuits and arbitrations involving Everest companies, ensuring that appropriate and cost-effective resolution strategies are in place
Oversee and manage day to day litigation activities in partnership with Claims and Underwriting colleagues and counsel
Maintain “Best Practices” for handling coverage litigation, including budgeting, reserving, and implementing appropriate resolution strategies
Supervise outside counsel and ensure compliance with guidelines for coverage counsel with respect to litigated and non-litigated matters, in collaboration and consultation with internal stakeholders
Provide pre-litigation coverage support to N.A. Claims team to prevent unnecessary litigation; drive quality and consistency of coverage positions and strategies across all lines of business
Present to senior management on matters presenting significant exposures or matters with broader legal and/or strategic implications
Support Underwriting with respect to policy wording/drafting and analyzing impact of policy language
Collaborate with Law Department on bad faith claims and/or extra-contractual matters arising out of claims handling
Candidate Profile
Extensive coverage litigation experience in state and federal courts as practicing attorney and/or claims professional particularly with respect to Property and Financial Lines claims
Demonstrated experience handling complex coverage matters
Excellent presentation skills
Strong organizational skills with ability to effectively time manage and multi-task
Highly collaborative, growth mindset with ability to deftly manage relationships with internal and external stakeholders
Strategic thinker with innovative and solution-oriented approach to conflict resolution
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.
Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type:
Regular
Time Type:
Full time
Primary Location:
Warren, NJ
Additional Locations:
Boston, MA
Philadelphia, PA
Atlanta, GA