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D&O/Management Liability Claims Leader
2 months ago
About the Role
We are seeking a highly experienced and motivated Associate Director to lead our growing D&O / Management Liability claims function within our Financial Lines team.
Your Responsibilities
- Develop and manage a comprehensive D&O/Management Liability loss adjusting function for all claims across the organization. This includes:
- Expanding our existing D&O business with current clients, identifying new business opportunities, and cultivating strong relationships with key stakeholders both internally and externally.
- Identifying and capitalizing on Business Development (BD) and marketing opportunities within the D&O space, working collaboratively to drive successful outcomes.
- Traveling as needed to manage allocated claims, address client concerns, and conduct marketing and BD activities in strategic locations.
- Contributing to the leadership and development of our London market and international D&O footprint and brand presence.
- Supporting the near-term and long-term D&O strategic development plan in conjunction with the Financial Lines team, Managing Director, and Executive team.
- Assisting in the investigation and loss adjustment of other claims handled within the Financial Lines team, including but not limited to Banking & Brokerage Bonds (BBB), Financial Institutions, Commercial Crime, and FIPI.
Claims Management Expertise
- Receiving and acknowledging new claims promptly and professionally.
- Managing and coordinating claims efficiently and effectively.
- Conducting site visits and meetings with Insurers, Reinsurers, Brokers, Claimants, Insureds, and other relevant parties in the UK and worldwide as required.
- Preparing comprehensive preliminary reports detailing all aspects of the claim, including legal and policy liability considerations, potential quantum, and future actions.
- Instructing and overseeing surveyors, lawyers, forensic scientists, and other experts as necessary.
- Communicating regularly with all stakeholders, calculating and approving interim payments, preparing interim reports, and handling other communications.
- Calculating and agreeing on the settlement of claims, and preparing accurate final reports.
- Providing support in training, development, and mentoring other team members and clients.
Charles Taylor Values
We are committed to upholding our six core values: Supportive Environment, Excellence in People, Partnership with Clients, High Quality Work, Group-wide Entrepreneurship, and Appetite for Change.