Claims Team Lead (AVP eligible)
Company Details:
Looking to lead with impact? This role is for the bold, the innovators, and the strategic thinkers ready to make their mark!
At Verus Specialty Insurance, we’re not just another insurance carrier—we’re at the cutting edge of excess and surplus lines. Our focus? Construction and professional liability risks. We’re looking for a leader who can drive change, inspire teams, and elevate our claims processes to the next level.This is where strategy meets action.
As the AVP, Claims Leader, you will manage high-stakes claims, working with your team to ensure outstanding service to our clients and partners. But that’s not all—this role is about driving continuous improvement, developing cutting-edge solutions, and shaping the future of claims management.
Why Join Us?- Impact: Your work will directly influence our growth and success, making this a high-impact role within the organization.
- Innovation: Be part of a company that values innovation and creativity in driving business results.
- Collaboration: Work closely with a team of driven professionals who are passionate about achieving excellence in the E&S market.
- Growth Opportunities: We offer ample opportunities for professional growth and development as you help shape our sales strategy.
AVP Eligibility: Depending on the candidate's level of experience and demonstrated ability to impact the role strategically, this position may be eligible for an AVP title either at the time of hire or as a future advancement opportunity.
The Company is an equal employment opportunity employer.
https://www.verusins.com/
Responsibilities:
The AVP, Claims Leader is a pivotal leadership role responsible for overseeing and managing the claims operations for our construction and professional liability portfolios. This role requires a strong understanding of complex claims, a strategic mindset, and the ability to collaborate across teams to drive excellence in claims handling.The AVP, Claims Leader will work closely with senior management, underwriting teams, and external partners to ensure our claims processes align with the company's strategic goals.
- Claims Leadership: Lead a high-performing claims team by providing mentorship, guidance, and expertise to ensure timely and efficient claims resolution, focusing on construction and professional liability claims.
- Strategic Oversight: Develop and implement claims management strategies that align with corporate objectives, focusing on cost-effective, compliant, and customer-focused claims processes.
- Collaboration: Work closely with underwriting, actuarial, and legal teams to evaluate risk and ensure effective claims mitigation strategies are in place.
- Claims Analytics: Utilize data-driven insights to analyze trends, improve claims outcomes, and develop proactive approaches to emerging risks.
- Vendor Management: Oversee relationships with external vendors, including outside counsel and adjusters, ensuring quality service and cost management.
- Regulatory Compliance: Ensure all claims operations adhere to industry regulations and internal compliance standards, staying up to date on legal trends affecting construction and professional liability.
- Continuous Improvement: Drive initiatives to enhance claims efficiency and accuracy, focusing on leveraging technology and best practices to streamline processes.
- Customer Focus: Foster a customer-centric culture within the claims department to ensure excellent service delivery and maintain positive relationships with insureds, brokers, and other stakeholders.
Qualifications:
- Bachelor’s degree in Business, Insurance, Law, or related field is preferred (Advanced degree or JD is a plus).
- Minimum of 10 years of claims experience, with a strong background in excess and surplus lines, focusing on construction and professional liability.
- Proven leadership experience in managing claims teams and driving results in a high-volume, complex claims environment.
- Expertise in claims handling, litigation management, and regulatory compliance.
- Excellent communication and negotiation skills, with the ability to influence stakeholders and drive strategic initiatives.
- Strong analytical skills with the ability to interpret data and make informed decisions.
Proficiency in claims management systems and technology platforms.
Additional Company Details: We do not accept any unsolicited resumes from external recruiting firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details: Sponsorship not Offered for this Role