Assistant Vice President – Professional Lines

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Position Summary

Arch Insurance Group Inc., AIGI, has an opening with our Claims Division on the Professional Liability Team as an AVP, who has an active California Bar License, primarily to manage a lawyers professional liability program that is sponsored by the California Bar Association.  In this role, the responsibilities include but are not limited to actively managing and effectively overseeing assigned caseload involving claims against California and other states’ lawyers as well as frequent interaction with underwriters, brokers and the California Bar program overseers.

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

Experience & Required Skills

• Must reside in California
• 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
• Demonstrate the ability to take part in active strategic discussions
• Demonstrate the 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%
• Open to remote work arrangement if candidate is not located near and Arch Insurance office.

Education

• 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 or willing to obtain adjuster's license within designated time frame.

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For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$190,000 - $220,000/year

• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

• Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.