Claims Advisor, Specialty – E+O/D+O/Commercial Crime

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About the role

  • Claims Advisor responsible for handling E&O, D&O and Crime claims in Specialty Lines team. Delivering excellent customer service and achieving key performance indicators in claims management.

Responsibilities

  • Handle multi-line claims through all distribution channels
  • Responsible for the direct handling and monitoring of E&O, D&O and Crime claims
  • Assessing coverage under the respective policies and communicating coverage positions or issues with underwriters and other internal stakeholders, brokers and insureds
  • Assessing exposures and determining appropriate reserves
  • Retaining the services of internal or external panel legal counsel and other support services (when necessary)
  • Work with Underwriting to identify potential risks and trends, as well as with marketing efforts
  • Provide brilliant customer service to brokers, insureds, and colleagues
  • Deliver and exceed on all key performance indicators as it relates to loss development, claims leakage control and expense management
  • Leverage your expertise in a creative, continuous improvement environment to support a model of best practice operations
  • Effectively negotiate claims when appropriate
  • Attend settlement conferences and trials

Requirements

  • A critical thinker and have intellectual curiosity when approaching complex problems in time-sensitive situations
  • A skilled communicator allowing you to foster favorable business relationships and provide clear guidance to clients and stakeholders, internal and external
  • A problem-solver and able to gather information, evaluate a situation and negotiate the next steps toward a solution
  • Able to adapt to changing needs and understand the need to be flexible and agile
  • A planner and able to effectively organize to establish an effective strategy
  • A strong collaborator and have a passion for mentoring and coaching others
  • Appropriate knowledge of all relevant regulatory and legal requirements applicable to the position
  • Experience with direct handling of E&O and D&O claims (asset)
  • Experience in other Specialty lines of business, such as Cyber or Crime (asset)
  • Proven experience with claims handling is an asset
  • University degree or any combination of training and experience deemed relevant for the role.
  • CIP designation (asset)
  • Flexible to travel as needed

Benefits

  • Flexible work arrangements and a hybrid work model
  • Possibility to purchase up to 5 extra days off per year
  • Multiple benefits offered to support physical and mental wellbeing, including telemedicine, Wellness account and much more
  • Share plan & other savings: up to 12% of salary or even more
  • Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance): 10%

Job title

Job type

Full Time

Experience level

Mid levelSenior

Salary

CA$80,700 - CA$98,700 per year

Degree requirement

Bachelor's Degree

Location requirements

HybridTorontoCanada

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