Assistant Vice President
Job description
Job Summary:
Oversees various claims analysts on the APA claims team. Investigate, evaluate, and resolve claims made against the Company’s mental health and psychiatry program business including psychiatrists, psychologists and other mental health care providers liability. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations, and technology. Provide superior service to all customers, whether internal or external.
Job Duties:
- Oversee claims analysts on the APA claims team.
- Train claims analysts and associates and provide oversight and mentoring of claims staff.
- 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 renewals and prospective accounts as well as individual claims and policy issues.
- Meet with actuaries and finance as required.
- Prepare periodic reports for management.
- Attend and/or present at relevant industry conferences/meetings.
- Assist with claims related queries in internal and external audits.
- Work with reinsurers as needed
A minimum of 7-10 years’ experience handling medical liability insurance claims or related relevant experience.- Experience in handling specialty lines claims is preferred.
- Four-year college degree is required, but a J.D. is strongly preferred.
- Substantial knowledge of issues underlying medical malpractice claims and coverage issues.
- Excellent negotiation and communication skills.
- Technical writing experience.
- Proficient in Microsoft Office products.
- Ability to analyze coverage; instruct and collaborate with counsel regarding litigation strategy and claim resolution; resolve claims; and otherwise act within the scope of delegated authority.
About Fairfax
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
About Allied World
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world
Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance. Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status. Please visit www.awac.com for further information on Allied World.
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