Assistant Vice President Property Claims

RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty, professional lines, transportation and workers’ compensation, providing creative solutions to retail brokerage firms. We define ourselves through our superior execution on behalf of our clients, which has established us as a leader in the industry.

Position Summary

The AVP Property Claims will be part of the Claims Advocacy and Insight team and will work closely with Claims and Operations department. This role will be the subject matter expert on Ryan Specialty coverage and accurately manage claims to achieve positive outcomes for assigned clients. This role will develop and produce coherent and comprehensive writing responses to coverage rebuttal position letters.

What will your job entail?

Job Responsibilities:

• Communicate with the insurance carriers’ claims department to resolve coverage issues.
• Draft coverage rebuttal position letters.
• Review policies and act as a sounding board for broker teams with technical coverage issues.
• Counsel brokers and retail partners on coverage and claims-related issues.
• Mediate claims issues and find acceptable solutions.
• Stay up-to-date on claims and coverage related developments.
• Advise on policy wording solutions for recurring coverage issues.
• Develop relationships both with the carriers and with our brokers facilitating the ability be a credible resource and spokesperson on coverage and claims-related issues.
• Additional duties as assigned.

Work Experience and Education:

• Bachelor’s degree is required along with 8+ years of Commercial Property claims experience.
• Must have previous insurance carrier experience with high dollar/” severe” property claims.
• Experience in Inland Marine and Ocean Marine claims a plus.
• Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple projects.
• Ability to develop, analyze, and implement strategies with a proactive long-term view of business goals and objectives.

Licenses & Certifications:

• Claims Adjuster License a plus.

Skills:

Technical/Functional Skills:

• Insurance Industry Knowledge
• Commercial Property Insurance
• Claims
• Insurance Regulations
• Claims Management

Behavioral Skills:

• Problem Solver
• Communication
• Time Management
• Attention to Detail
• Relationship Building

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $112,000.00 - $140,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected]

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.