Full-Time

Claims Specialist

General Liability, TPA Oversight

Confirmed live in the last 24 hours

Arch Capital Group

Arch Capital Group

Global insurer offering insurance and reinsurance

No salary listed

Senior

Alpharetta, GA, USA

Category
Operations Consulting
Consulting
Requirements
  • Knowledge of ISO general liability coverage for middle market general liability customers
  • Knowledge of New York labor law 240 is a plus
  • 5-7 years of experience in general liability claim supervision
  • 3-5 years of experience interacting with MGU’s, underwriting management and actuaries
  • Strong influence management skills
  • Mentoring and supervisory experience
  • Bachelor’s degree is preferred
Responsibilities
  • Provide coverage, investigative, vendor selection, claim recovery and resolution advice to TPA adjusters
  • Provide feedback on reservation of rights and coverage disclaimer letters to TPA adjusters
  • Select, coordinate conduct and complete annual claim file reviews (audits) for TPA handled programs under management
  • Present audit findings to program MGU, TPA senior leadership and underwriting
  • Identify, implement or provide required skill building for TPA adjusters on Arch programs
  • Attend and present as requested to underwriting at program renewals
  • Implement and chair regular communication meetings with the MGU, the MGU’s claim staff, TPA adjusters and Arch underwriters to assure transparency in program claim handling
  • Professionally communicate large loss heads-up written communication at defined thresholds
  • Review monthly TPA bordereaux and reconcile to internal claim system
  • Identify and communicate legal trends to internal program underwriters that may impact program profitability
  • Provide program underwriting team feedback on MGU and program performance
  • Some travel is required (3-5 trips annually)
Desired Qualifications
  • Bachelor’s degree is preferred

Arch Capital Group operates as a global insurer, providing insurance, reinsurance, and mortgage insurance services across more than a dozen countries. The company’s operations are headquartered in Bermuda, and it has built a reputation as a reliable risk manager and partner for its clients. Arch Capital Group's products work by assessing and managing risks associated with various sectors, allowing them to offer tailored insurance solutions to meet the needs of their customers. What sets Arch apart from its competitors is its commitment to organic growth through the development of diverse insurance lines and strategic acquisitions that align with its corporate culture. The company aims to foster a supportive work environment for its employees while also contributing positively to the communities it serves, focusing on initiatives that enhance housing, education, and equity.

Company Size

N/A

Company Stage

IPO

Headquarters

Hamilton, Bermuda

Founded

1995

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven insurance platforms increase efficiency and market reach for Arch Capital.
  • Thimble acquisition strengthens Arch's position in the small business insurance market.
  • Strategic investments diversify Arch's portfolio and enhance growth potential.

What critics are saying

  • Competition from fast-growing insurtech startups pressures Arch to innovate quickly.
  • Integration of Thimble poses potential operational and cultural challenges.
  • Investments in Now Insurance and Helix carry financial performance risks.

What makes Arch Capital Group unique

  • Arch Capital invests in AI-driven platforms like Now Insurance for innovation.
  • Acquisition of Thimble expands Arch's digital platform for small business insurance.
  • Strategic partnerships with Helix enhance Arch's underwriting capabilities.

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Benefits

Hybrid Work Options

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