Complex Claims Director, Financial Institutions/D&O

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    "requisitionDescription": "<div><p data-pasted=\"true\"><strong>Who are we?</strong><strong>&nbsp;</strong><br>A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway&rsquo;s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.</p><p>We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. &nbsp;We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. &nbsp;We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized.&nbsp;Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?</p><p>Learn more about our unique&nbsp;<a href=\"https://bhspecialty.com/career/\" target=\"_blank\">culture</a> and&nbsp;<a href=\"https://bhspecialty.com/who-we-are/\" target=\"_blank\">history</a><u>.</u>&nbsp;</p><p>&nbsp;</p><p><strong>Job Opportunity:&nbsp;</strong></p><p>BHSI has an exciting opportunity for a Complex Claims Director in our New York City, Atlanta, or Chicago offices. &nbsp;The Complex Claims Director will independently handle a diverse pending of high-severity claims underwritten out of the Financial Institutions and Commercial (i.e., Public Company) teams, focusing mainly on Financial Institutions, Errors &amp; Omissions, Directors &amp; Officers, and Fiduciary. &nbsp;This role will have a high level of interaction with internal customers (senior management, underwriters, and actuaries) as well as external customers (brokers, insureds, and defense counsel). &nbsp;&nbsp;</p><p><strong>&nbsp;</strong></p><p><strong>Duties &amp; Responsibilities:</strong></p><ul type=\"disc\"><li>Independently evaluate information on coverage, liability, and damages to determine the extent of exposure to the insured and the company.</li><li>Attend mediations of complex claims on behalf of the company and effectively negotiate settlements.</li><li>Provide outstanding customer service to, and seamlessly work with, the insured, broker, and underwriters in the handling and adjudication of claims.</li><li>Analyze and draft coverage letters as appropriate and communicate coverage positions effectively both verbally and in writing.</li><li>Draft reports, set reserves within the authority, or make claim recommendations concerning reserve changes.</li><li>Travel to conferences, mediations, and client meetings as necessary.</li></ul><p><strong>&nbsp;</strong></p><p><strong>&nbsp;</strong><strong>Qualifications, Skills and Experience:</strong></p><ul><li>JD required.</li><li>Typically 5-7+ years of relevant claims or legal experience.</li><li>Excellent interpersonal communications and negotiation skills.</li><li>Ability to thrive in a highly collaborative team environment.</li></ul><p>&nbsp;</p><p><strong>BHSI Offers:</strong></p><ul type=\"disc\"><li>A competitive package and exciting growth opportunities for career-oriented teammates.</li><li>A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.</li><li>A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.</li><li>Benefits that support your life and well-being, which include:</li></ul><ul><li style=\"list-style-type: none;\"><ul style=\"list-style-type: disc;\"><li>Comprehensive Health, Dental and Vision benefits</li><li>Disability Insurance (both short-term and long-term)</li><li>Life Insurance (for you and your family)</li><li>Accidental Death &amp; Dismemberment Insurance (for you and your family)</li><li>Flexible Spending Accounts</li><li>Health Reimbursement Account</li><li>Employee Assistance Program</li><li>Retirement Savings 401(k) Plan with Company Match</li><li>Generous holiday and Paid Time Off</li><li>Tuition Reimbursement</li><li>Paid Parental Leave</li></ul></li></ul><p>&nbsp;</p><p><em>The base salary range for this position is $140,000 to $160,000, along with annual bonus eligibility. &nbsp;Total compensation for a candidate is determined by their relevant skills, location, and experience. &nbsp;We value our teammates &ndash; both their capabilities and character &ndash; as demonstrated by our amazing culture.</em></p><p>NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.</p></div>\n",
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