The Hartford Claims Consultant – Financial Services E&O and D&O Claims – Talent Pipeline in NEW YORK, New York
Title: Claims Consultant – Financial Services E&O and D&O Claims – Talent PipelineLocation: United States-New York-New YorkJob Number: 1703080As a Hartford Financial Products Claims Consultant, you will be responsible for handling a caseload of complex claims-made, financial products D&O and E&O claims, from inception to final disposition however future opportunity to handle matters across other lines exists. As these claims are often in litigation, and involve claims of significant financial exposure, the candidate should have extensive experience handling complex claims.
Responsibilities include all aspects of claim file management from assignment to conclusion but are not limited to:
Conducting investigations and analyzing and evaluating the information learned;
Appropriately and accurately analyzing and determining coverage, liability and damages based upon the facts of each claim;
Communicating written position(s) to insured’s and other required parties on coverage, liability damages and other issues;
Within prescribed authority levels, setting appropriate expense and indemnity reserves and monitoring on a regular basis for any needed adjustment;
Presenting cases to management for expense or indemnity reserve authority above established authority levels;
Developing and implementing resolution strategies through negotiations to achieve high quality outcomes;
Proactively managing litigation and counsel, inclusive of litigation planning and execution, budgeting and bill review;
Understanding and analyzing potential extra-contractual liability as needed;
Attending trials and mediations as necessary;
Contributing to broader claim and enterprise goals by participating in audits, projects, training and product development initiatives;
Preparing comprehensive reports and delivering presentations to senior claim leadership on case developments, policy issues, industry trends, etc;
Providing support and working collaboratively with business partners to evaluate and address claim trends and developments;
Address inquiries from agents and policyholders, providing superior customer service.Qualifications: WHAT ARE WE LOOKING FOR?
Bachelor’s degree required; law degree a plus.
Minimum of seven years handling complex litigated coverage and liability matters.
Candidate should be disciplined, results-oriented and able to focus on bottom line results.
Preference for candidates with knowledge and experience handling complex Financial Services E&O and D&O liability claims.
Candidates should demonstrate the following:
Excellent oral and written communication skills
Excellent strategic thinking ability and execution skills
Excellent negotiation and advanced technical claim handling skills, including knowledge of insurance coverage issues
An ability to communicate thoughts clearly and concisely, and to influence and persuade others
Superior interpersonal skill
Behaviors at The Hartford
Deliver Outcomes – Demonstrate a bias for speed and execution that serves our shareholders and customers.
Operate as a Team Player – Work together to drive solutions for the good of The Hartford.
Build Strong Partnerships – Demonstrate integrity and build trust with others.
Strive for Excellence – Motivate yourself and others to achieve high standards and continuously improve.
WHAT ELSE CAN YOU TELL ME?
This is a talent pipeline for future opportunities.
This position can reside in our Hartford, CT Home office or our New York City office (midtown Manhattan); however, the option for remote work status may be considered for highly qualified candidates outside the area. Relocation assistance is not provided.
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/AgeJob: P&C Claim ManagementPrimary LocationUnited States-New York-New YorkOther LocationsScheduleFull-timeJob LevelIndividual ContributorEducation LevelDoctorate Degree (over 19 years)Job TypeStandardShiftDay JobEmployee StatusRegularOvertime StatusExemptTravelYes, 10 % of the TimePostingMar 15, 2018, 1:15:32 PMRemote Worker OptionYesThe Hartford is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. The Hartford maintains a drug-free workplace and is committed to building inclusion and leveraging diversity.