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Position Summary
Arch Insurance Group Inc., AIGI, has an opening with our Claims Division on the Professional Liability Team as an AVP, who has an active California Bar License, primarily to manage a lawyers professional liability program that is sponsored by the California Bar Association. In this role, the responsibilities include but are not limited to actively managing and effectively overseeing assigned caseload involving claims against California and other states’ lawyers as well as frequent interaction with underwriters, brokers and the California Bar program overseers.
Primary Responsibilities
- Develop and maintain a strong relationship with the California Bar program overseers, which in part includes providing quarterly reports, spotting and reporting LPL trends, and responding quickly to detailed questions regarding the impact of laws and other developments on CA LPL insureds and the program.
- Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel, when necessary as well as review coverage counsel's opinion letters and analysis
- Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler's care
- Develop and implement strategy to resolve matters of liability and damages of a particular case
- Maintain frequent contact with the business line leader, underwriter, defense counsel, program manager, and broker to communicate developments and outcomes as necessary
- Investigate claim and review the insureds' materials, pleadings, and other relevant documents
- Identify and review of each jurisdiction's applicable statutes, rules, and case law
- Review litigation materials including depositions and expert's reports
- Retain counsel when necessary and direct counsel in accordance with resolution strategy
- Analyze coverage, liability and damages for purposes of assessing and recommending reserves
- Prepare and present written/oral reports to senior management setting forth all issues influencing evaluation and recommending reserves
- Negotiate resolution of claims
- Review and evaluate defense counsel invoices for reasonableness and process associated payments
- Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to claims inquiries from insured, counsel, underwriters, brokers, and senior management
- Sending closing surveys to all CA LPL insureds
- Travel to and from locations within the United States to attend mediations, trials, and other proceedings relevant to the resolution of the matter where appropriate
Qualifications
- Must reside in California
- Bachelor’s degree required; Juris Doctorate degree required
- Active California Bar Association License in good standing for at least 10 years required
- Minimum 10 years of relevant professional liability work experience
- Proper and active adjuster licensing in all applicable states
- Exceptional communication (written and verbal), evaluation, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines
- Strong time management and organizational skills
- Ability to take part in active strategic discussions
- Ability to work well independently and in a team environment
- Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word
- Willing and able to travel 10%
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For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$175,000 - $190,000/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
Click here to learn more on available benefits.
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14400 Arch Insurance Group Inc.
