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Everest

Director, Claims - Coverage

Posted 16 Days Ago
Be an Early Applicant
In-Office
2 Locations
150K-200K Annually
Senior level
In-Office
2 Locations
150K-200K Annually
Senior level
The Director oversees claims litigation, collaborates with legal and underwriting teams, ensures compliance with best practices, and provides strategic coverage support.
The summary above was generated by AI

Title:

Director, Claims - Coverage

Company:

Everest Insurance Company

Job Category:

Claims

Job Description:

About Everest:

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

Job Summary:

The Director, Claims - Coverage will manage claims-related coverage litigation involving Everest Insurance companies and provide coverage support to Claims and Underwriting. The position will report to the VP of Claims – Coverage. 

This is a hybrid position based in either Warren, NJ, New York City or Philadelphia, PA working 3 days onsite, 2 remote.

Responsibilities include but not limited to:

  • Responsible for all aspects of claim-related lawsuits and arbitrations involving Everest companies, ensuring that appropriate and cost-effective resolution strategies are in place

  • Oversee and manage day-to-day litigation activities in partnership with Claims, Law and Underwriting colleagues and counsel

  • Maintain “Best Practices” for handling coverage litigation, including budgeting, reserving, and implementing appropriate resolution strategies

  • Supervise outside counsel and ensure compliance with guidelines for coverage counsel with respect to litigated and non-litigated matters, in collaboration and consultation with internal stakeholders  

  • Provide pre-litigation coverage support to N.A. Claims team to prevent unnecessary litigation, drive quality and consistency of coverage positions, and strategies across all lines of business

  • Present to senior management on matters presenting significant exposures or matters with broader legal and/or strategic implications

  • Support Underwriting with respect to policy wording/drafting and analyzing impact of policy language

  • Collaborate with Law Department on bad faith claims and/or extra-contractual matters arising out of claims handling

Qualifications, Education & Experience:

  • Extensive coverage litigation experience in state and federal courts as practicing attorney and/or claims professional

  • Demonstrated experience handling complex coverage matters

  • Excellent presentation skills

  • Strong organizational skills with ability to effectively time manage and multi-task

  • Highly collaborative, growth mindset with ability to initiate and develop relationships with internal and external stakeholders

  • Strategic thinker with innovative and solution-oriented approach to conflict resolution

  • JD required

The base salary range for this position is $150,000 - $200,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

#LI-KG1

#LI-Hybrid

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

 

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

 

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

New York, NY, Philadelphia, PA

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

Everest U.S. Privacy Notice | Everest (everestglobal.com)

HQ

Everest Warren, New Jersey, USA Office

100 Everest Way, Warren, NJ, United States, 07059

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