Claims Consultant D&O Financial Institutions

The Hartford

4.5

(69)

United States

Why you should apply for a job to The Hartford:

  • 4.5/5 in overall job satisfaction
  • 4.4/5 in supportive management
  • 75% say women are treated fairly and equally to men
  • 87% would recommend this company to other women
  • 90% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • The Professional Women’s Network (PWN) provides professional support, growth, advancement and networking to enable greater gender balance.
  • The Hartford offers diversity awareness training known as Appreciating Differences and Managing Inclusion.
  • Employees will be provided with leave of up to four weeks and paid at a rate of 100 percent of their base pay.
  • #R2416307

    Position summary

    ponsibilities**

    Responsibilities will include all aspects of claim file management from assignment to conclusion:

    • 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

    • 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

    • Addressing inquiries from agents and policyholders, providing superior customer service

    • Providing key training and marketing support to Underwriters

    • Attend and present at various industry events each year on risk management and claims topics

    Qualifications:

    • Juris Doctorate Degree preferred, Bachelor's Degree required

    • Minimum of five years handling litigated Management Liability and Financial Institutions/Services Professional Liability coverage and/or liability cases as defense counsel or claims handler.

    • Candidate should be disciplined, results-oriented and able to focus on bottom line results

    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

    • Superior time, task prioritization and desk management skills.

    • An ability to communicate thoughts clearly and concisely, and to influence and persuade others

    • Ability to work with only moderate amount of supervision and employ a "team player" attitude.

    Additional Information:

    This role can be Hybrid or Remote as aligned with the Hartford's Return to Office initiative. If you live near a Hartford office location, you will work in office at least 3 days a week (Tuesday, Wednesday, and Thursday). If you are not near an office, this role will be 100% Remote, with the expectation of occasional in-office presence as business needs dictate.

    For full-time, occasional, part-time, or remote positions: (1) high speed broadband internet service is required, we do not recommend or support DSL, wireless, Wi-Fi, Hotspots, Fiber without a modem and Satellite; (2) Internet provider supplied modem/router/gateway is hardwired to the Hartford issued computer with an ethernet cable; and (3) minimum upload/download speeds of 5Mbps/30Mbps will be required. To confirm whether your Internet system has sufficient speeds, please visit http://https://www.speedtest.net from your personal computer.

    Compensation

    The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

    $120,000 - $180,000

    Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

    About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

    Why you should apply for a job to The Hartford:

  • 4.5/5 in overall job satisfaction
  • 4.4/5 in supportive management
  • 75% say women are treated fairly and equally to men
  • 87% would recommend this company to other women
  • 90% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • The Professional Women’s Network (PWN) provides professional support, growth, advancement and networking to enable greater gender balance.
  • The Hartford offers diversity awareness training known as Appreciating Differences and Managing Inclusion.
  • Employees will be provided with leave of up to four weeks and paid at a rate of 100 percent of their base pay.