Address
Form of workJob Title
Senior D&O Claims Analyst
Location
Hybrid (Manchester, NH or Rockville Centre, NY) or Remote
Summary
This position is with Arya Claims Services/Rockville Risk Management Associates, a third-party administration arm of The RiverStone Group. Reporting to the Head of Management & Professional Liability, this role is primarily responsible for direct handling of claims relating to Public, Private, and Not-For-Profit Directors' & Officers (D & O) liability insurance. The candidate will manage a portfolio of primary and excess claims that include higher exposure, greater severity and/or complexity. Duties include resolution of coverage and liability issues, claim evaluation, establishment of adequate reserves, litigation management, case resolution and transaction processing, and implementation of strategic initiatives relating to liability work matters, in alignment with the Company's Strategic Vision.
Essential Functions
- Directly handles and/or assists in monitoring, reviewing, and coordinating the activities involving Directors' & Officers (D & O) including analysis of coverage issues, establishment of adequate reserves, and the resolution and closure of claims.
- Reviews loss notices; confirms and interprets policy coverages; establishes adequate reserves; and investigates and handles claims involving D&O.
- Closely work with and collaborate with underwriters in connection with claims, industry trends, and manuscript policy endorsements.
- Pursues and maximizes all risk transfer opportunities by contract or by insurance policy language.
- Assigns and manages of work of defense counsel, assignment of expert witnesses and interfacing with peer carriers including design and execution of defense and indemnity contracts, evaluation of liability and damages and participation in settlement negations.
- Ensures proper file setup, reserving, general handling and application of company procedure.
- Participates in developing claims handling strategy, including defense coordination, litigation strategy and budgets, and expense control.
- Maintains diary control, investigates, analyzes, and reports to ensure maintenance of proper reserves to reflect the company's exposure and to assist, where appropriate, in providing notice to reinsurers for recovery of specific amounts when payment exceeds the company's retention.
- Consistently delivers superior customer service to both internal and external business partners.
- Travels as required.
Experience
10+ years' experience in D&O and Management Liability claims or related civil litigation role.
Required Education
Four-year college degree is required
Preferred Education or Certification
JD, CPCU, RPLU, SCLA, CCLA
Supervisory Role
No
Travel
Some traveled required - up to 10-15% of the time.
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Work Environment / Physical Demands
This position operates in a professional based collaborative environment and must have the ability to timely produce thorough, accurate work with many competing demands, deadlines, and distractions. The position uses standard equipment such as phones, computers, copiers/printers and filing cabinets. Noise level is moderate.
Diversity, Equity, Inclusion & Belonging
RiverStone Resources, LLC is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ+, national origin, gender identity, disability, protected veteran status, or any other characteristic protected by law.
