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Great American Insurance Group

Great American Insurance Group is hiring: Senior Claims Technical Director – Exc

Great American Insurance Group, Los Angeles, CA, United States, 90079

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Senior Claims Technical Director – Excess Claims

Join to apply for the Senior Claims Technical Director – Excess Claims role at Great American Insurance Group.

Overview

Great American Custom, an underwriting division of Great American Insurance Group, dedicates itself to serving client needs and delivering outstanding service. We specialize in providing primary casualty products as well as umbrella and capacity excess products for the commercial market. Our policy holders range from small businesses to complex multi-national corporations and Fortune 1000 accounts.

Essential Job Functions And Responsibilities

  • Manages a book of excess claims for a significant size, complex product(s) or for the line of business. Investigates and maintains claims.
  • Reviews and evaluates coverage and/or liability.
  • Secures necessary information (e.g., reports, policies, appraisals, releases, statements, records or other documents) in the investigation of claims.
  • Works toward the resolution of claims files, and attends arbitrations, mediations, depositions, or trials as necessary.
  • May affect settlements/reserves within prescribed limits and submit recommendations to supervisor on cases exceeding personal authority.
  • Conveys the most complex information (coverage, decisions, outcomes, negotiations, etc.) to all appropriate parties maintaining a professional demeanor in all situations.
  • Ensures that claims payments are issued in a timely and accurate manner.
  • Ensures compliance of claims handling pursuant to all state, legal, statutory, and regulatory bodies to comply with all company procedures and requirements.
  • Serves as the technical expert on a product(s) and/or line of business.
  • Evaluates and makes recommendations to executive management on internal and external issues of strategic importance to a product(s) and/or line of business.
  • Plans for and ensures that budget and performance targets are met.
  • Provides technical advice to lower level positions and other functional areas.
  • Interacts with underwriting and marketing regarding claims trend issues.
  • May provide input to establishing policies and procedures.
  • May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
  • Performs other duties as assigned.

Qualifications

  • Bachelor’s Degree in Business Administration, Risk Management and Insurance, Finance, or a related field or equivalent experience.
  • 12 or more years of related experience.

Compensation and Benefits

Compensation for this role is $140,580 - $189,420. Compensation is influenced by location, role, skill set, and level of experience.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. Benefits are available to eligible full-time and part-time employees. Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.

Seniority level

  • Director

Employment type

  • Full-time

Job function

  • Finance and Sales
  • Industries: Insurance
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