AVP – Professional Lines
Company | Arch Capital Group |
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Location | San Francisco, CA, USA, Los Angeles, CA, USA, Walnut Creek, CA, USA |
Salary | $175000 – $190000 |
Type | Full-Time |
Degrees | Bachelor’s, JD |
Experience Level | Expert or higher |
Requirements
- Must reside in California
- Bachelor’s degree required; Juris Doctorate degree required
- Active California Bar Association License in good standing for at least 10 years required
- Minimum 10 years of relevant professional liability work experience
- Proper and active adjuster licensing in all applicable states
- Exceptional communication (written and verbal), evaluation, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines
- Strong time management and organizational skills
- Ability to take part in active strategic discussions
- Ability to work well independently and in a team environment
- Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word
- Willing and able to travel 10%
Responsibilities
- Develop and maintain a strong relationship with the California Bar program overseers, which in part includes providing quarterly reports, spotting and reporting LPL trends, and responding quickly to detailed questions regarding the impact of laws and other developments on CA LPL insureds and the program.
- Identify and assess coverage issues, draft coverage position letters, and retain coverage counsel, when necessary as well as review coverage counsel’s opinion letters and analysis
- Develop and implement strategy relative to coverage issues which correlate with the overall strategy of matters entrusted to the handler’s care
- Develop and implement strategy to resolve matters of liability and damages of a particular case
- Maintain frequent contact with the business line leader, underwriter, defense counsel, program manager, and broker to communicate developments and outcomes as necessary
- Investigate claim and review the insureds’ materials, pleadings, and other relevant documents
- Identify and review of each jurisdiction’s applicable statutes, rules, and case law
- Review litigation materials including depositions and expert’s reports
- Retain counsel when necessary and direct counsel in accordance with resolution strategy
- Analyze coverage, liability and damages for purposes of assessing and recommending reserves
- Prepare and present written/oral reports to senior management setting forth all issues influencing evaluation and recommending reserves
- Negotiate resolution of claims
- Review and evaluate defense counsel invoices for reasonableness and process associated payments
- Maintain a diary of all claims, post reserves in a timely fashion, and expeditiously respond to claims inquiries from insured, counsel, underwriters, brokers, and senior management
- Sending closing surveys to all CA LPL insureds
- Travel to and from locations within the United States to attend mediations, trials, and other proceedings relevant to the resolution of the matter where appropriate
Preferred Qualifications
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No preferred qualifications provided.