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Technical director

Job Type : PermanentPermanentBuild a brilliant future with Hiscox• Deep technical expertise in overseeing and / or handling Specialty / Professional Liability claims, with an emphasis on all aspects of the life of a claim, including strong reserving behaviors, implementation and execution of complex claim and resolution strategies and clear and concise communication with all claim partners.• Self-starter who has the ability to manage efficiently and oversee claims across various lines of business with varying degrees of complexity all while partnering and collaborating with others in Claims.• Required experience in handling complex / high severity claims in one or more of the following lines of business : Miscellaneous Professional Liability, Architects and Engineers, Technology E&O, D&O, Cyber / Privacy, Media and Crime.• Strong working knowledge of insurance coverage and coverage litigation and experience in working with coverage counsel in achieving strategic results aligned with overall claims strategy.• Drives technical excellence through mentoring, education, training, and assisting in the creation of technical guidelines and governance.• Active partnership with Senior Claim Leadership, Underwriting and Actuary on claims, litigation developments, coverage trends, reserve movements and loss mitigation efforts, with ability to address both micro and macro developments.• Identifies emerging legal and claims trends while providing technical guidance to claims and claims partners.• Manages and maintains claims Watchlist and implements resolution strategies for claims on that list.• Effective engagement in reserve and trial roundtables.Requirements• Minimum 10 years of insurance and / or litigation experience.• JD degree strongly preferred.• 3+ years of claims or law firm leadership experience preferredWhat we offer• Competitive salary and bonus (based on personal & company performance)• 401(k) with competitive company matching• Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)• Company paid group term life, short- term disability and long-term disability coverage• 24 Paid time off days, 10 paid holidays, and ability to purchase 5 PTO days• Paid parental leave• 4 week paid sabbatical after every 5 years of service• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program• Company paid subscription to Headspace to support employees’ mental health and wellbeing• Recipient of 2021 Cigna’s Well-Being Award for having a best-in-class health and wellness program• Dynamic, creative and values-driven culture• Modern and open office spaces, complimentary drinks• Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA FoundationSalary Overview$150,000 - $200,000Compensation OverviewThe annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country.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. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.LI-MD1Work with amazing people and be part of a unique cultureLast updated : 2024-09-15

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Hiscox is a leading specialist insurer, headquartered in Bermuda, with roots dating back to 1901. We target niche risks that other insurers often find too complex to underwrite. Hiscox USA was established in 2006 and is now the fastest-growing div...

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Full-time, on-site
DATE POSTED
August 8, 2024

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