Associate Vice President, Claims Greater Chicago, IL Area
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About the Role
Greater Chicago, IL Area (On-site)(Naperville, Illinois)
The Company is seeking an Associate Vice President for Claims with a strong background in surety, legal, or construction business. The successful candidate will be responsible for the prompt and efficient resolution of all claims, with a focus on minimizing exposure and maximizing recoveries. This role involves supporting the professional development of the claims department team, independently investigating claims, setting and maintaining reserves, and developing strategies for claim resolution. The ideal candidate will have a minimum of 4-year degree, with a JD, MBA, or CPCU preferred, and at least 15 years of experience in the industry, including a significant period of time in handling surety or commercial construction claims. Applicants for the Associate Vice President, Claims position at the company should possess superior knowledge of complex contract and commercial surety claims, the ability to think strategically and practically, and a proven track record of managing claims with minimal supervision. Advanced skills in Microsoft Office and expert negotiation, interpersonal, and communication skills are essential. The role also requires the ability to supervise and mentor others, as well as a strong understanding of both traditional litigation and Alternative Dispute Resolution (ADR) processes. A JD with admission to practice law in at least one state is desirable, and the candidate must be a proactive, detail-oriented professional with a commitment to excellence in the field of surety claims handling.
Functions:
- Operations
- Legal
About the Company
Top provider of commercial property casualty insurance
Industry
Insurance
Type
Public Company (WRB)
Age
employees
5001-10,000
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