New

Asbestos/Environmental Senior Technical Claims Specialist

Argonaut Management Services, Inc
life insurance, vision insurance, parental leave, paid time off, flex time, 401(k), profit sharing
United States, New York, New York
Jan 21, 2025
Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We're an innovative organization that's small enough to be agile and big enough to make a difference in our industry. Our collaborative workplace is continuously evolving to ensure all employees feel: Comfortable bringing their whole selves to work. Confident that they will be treated respectfully. Recognized for their performance and provided with equal opportunities to succeed. At Argo, skill meets opportunity. If you're wired to raise your hand and ask, "Where can I help?", you'll thrive with us. A Brief Overview Argo Group is seeking a Senior-level experienced Complex Claims Specialist responsible for the overall management and strategic direction of highly complex asbestos, environmental and other types of toxic tort claims. The position is based in our New York, NY office and reports to the SVP of Legacy and Reinsurance Claims, based in Chicago, IL. We work together in the office five days a week in order to strengthen our culture, build team connections, and drive profitability. This is an individual contributor role for a candidate recognized as a technical and legal expert in the interpretation of complex or unusual policy coverages in area of general liability insurance coverage as it relates to asbestos, environmental and other types of toxic tort claims. This candidate will work within assigned limits of broad authority on assignments requiring a high degree of technical and legal complexity and coordination. How You Will Make an Impact: Works on highly complex investigations of claims, analyzes coverage, liability, compensability and damages. Determines if a major claim should be settled or litigated. Manages all types of investigative activity on major claims. Coordinates discovery and litigation strategy with staff counsel or panel attorneys. Negotiates highly complex settlement packages, sets reserves and authorizes payment within scope of authority, settling claims in most cost effective manner and ensuring timely issuance of disbursements. Coordinates third party recovery with subrogation/salvage unit. Makes recommendations on claim management policies and processes to management. Analyzes claims activities; prepares and presents reports to management. Works with attorneys, co-carriers, brokers and insureds regarding the handling and/or disposition of highly complex claims. Keeps current on state/territory regulations, case law and issues, as well as industry activity and trends. May participate in industry trade groups. May provide guidance and assistance to less experienced claims staff and other functional areas, including ceded reinsurance. May be responsible for special claims projects and presentations What We Need: Bachelors and Juris Doctorate (JD) Degrees and preferably bar admission in at least one jurisdiction Ten years of general liability claim adjudication/management experience with an emphasis on the adjudication of asbestos, environmental liability, sexual abuse, and other types of toxic torts claims Advanced technical expertise related to CGL policies, claims resolution skills and knowledge of insurance and claims settlement principles, practices and procedures. Strong communication, negotiation and presentation skills. Ability to effectively interact with all levels of the company's internal and external business partners. Advanced analytical and problem solving skills, with the ability to manage and prioritize multiple projects. Ability to deal with ambiguous situations and issues. Creativity in resolving unique and challenging business problems. A strong focus on execution in getting things done right. Proven ability to consistently produce and deliver expected results to all stakeholders. Desire to work in a fast-paced environment. Excellent evaluation and strategic skills required. Strong claim negotiation skills a must. Must work independently and demonstrate the ability to exercise sound judgment. Proficient in MS Office Suite and other business-related software. Polished and professional written and verbal communication skills. The ability to read and write English fluently is required. Must demonstrate a desire for continued professional development through continuing education and self-development opportunities. The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package. New York City Pay Range: $185,900 — $223,100 USD *PLEASE NOTE: At this time, Argo Group will not sponsor an applicant for employment authorization for this position.* If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group, please contact our Benefits Department at 210-321-8400. To all recruitment agencies: Unless you have been requested to work on this position, or other positions with Argo Group, please do not forward any resumes to Argo Group employees. Argo Group is not responsible for any fees related to unsolicited resumes. Argo Group International Holdings, Inc. ("Argo" or the "Company") is a wholly owned subsidiary of Brookfield Wealth Solutions, Ltd. ("BWS"), a New York and Toronto-listed public company. Argo, with over $8 billion of assets on its balance sheet, is a leading underwriter of specialty insurance products in the property and casualty (P&C) market, working with independent agents, wholesale brokers, and retail brokerage partners to deliver collaborative solutions for niche markets. BWS is a leading wealth solutions provider, focused on securing the financial futures of individuals and institutions through a range of wealth protection and retirement services, and tailored capital solutions. BWS is backed by Brookfield Corporation, a leading global investment firm whose asset management business manages more than $1 trillion in assets as of September 30, 2024. We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics. The collection of your personal information is subject to our HR Privacy Notice Our Benefits Developing our employees professionally and personally strengthens our organization. Argo Group offers an attractive Total Rewards package that includes: A culture that recognizes performance and empowers employees to excel, offering competitive compensation and merit driven profit sharing. Workplace policies that support employee well-being include flex time and floating holidays. Comprehensive health, wellness, and financial planning options that employees can tailor to meet their personal and family needs. In addition to traditional health and wellness plans, benefits include dental, disability, life insurance, medical, and vision insurance, matching 401(k) retirement savings, generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays and a paid voluntary day), paid caregiver and parental leave, paid bereavement, jury duty/court appearances, and military (up to 14 days) leave, employee assistance program (EAP), and an array of voluntary benefits. Argo Academy, a digital and instructor-led platform that offers continuous learning and professional development -Trainingmagazine lists Argo among the Training "Top 125" Companies. Argo encourages career mobility and continuing education to pursue and maintain professional and industry designations, in addition to traditional university and higher education programs. An inclusive culture that develops and sponsors diverse teams, encourages cross-functional engagement and collaboration, builds community through employee resource groups (ERGs), and provides an environment that welcomes ongoing dialogue, creative innovation, professional and personal development. Active community outreach and volunteer programs. A generous Employee Referral program that results in approximately 25% of all new hires annually.