Assistant Vice President - Medical, North American Claims Group (Finance)

Position Description:

Investigate, evaluate, and resolve claims made against the Company's medical malpractice business including hospital primary and excess, long term care, psychiatry, and miscellaneous healthcare 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 Responsibilities

· Manage a vigorous load of claims involving a broad spectrum of accounts and coverages. Analyze complex coverage and manage litigation by effectively interacting with insureds, brokers, defense counsel, and other parties as required. Represent Company in the resolution of complex claims and participate in legal proceedings, including mediations. Participate in underwriting decision making, pre-bind and renewal risk assessment, and underwriting roundtable.

· Work with other areas of the company including underwriting, risk management, finance and accounting, actuarial, operations and technology on projects as requested. Prepare claim summaries and other reports as necessary for management. Present severity claims to senior management in large loss meetings.

· Meet with existing or prospective clients and brokers. Attend relevant industry conferences/meetings.

· Assist in training of claims associates.

· Comply with CMS reporting.

Position Requirements

· A minimum of 5 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. or R.N. and/or strong clinical background are 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 and draft coverage letters; instruct and collaborate with counsel regarding litigation strategy and claim resolution; resolve claims; and otherwise act within the scope 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. 

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 benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. 

  

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 by law. 

 

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.