SVP, Casualty Claims
Company: Argonaut Management Services, Inc
Location: Chicago
Posted on: January 19, 2025
Job Description:
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.
At Argo Group, you can make a direct impact while working in an
organization small enough to be agile and big enough to make a
difference. We ask you to bring a growth mindset and a desire to
share your unique perspective with our dynamic teams.
Argo Group , a global multiline underwriter of specialty insurance
and reinsurance products in the property and casualty market,
offers a comprehensive line of high-quality products and services
designed to meet the unique coverage and claims-handling needs of
our clients. We foster an inclusive culture that embraces diversity
and design thinking, relies on innovation and agility, promotes
collaborative service delivery, frequent, integrated communication,
and authentic recognition of excellence.
A Brief Overview
The SVP of Casualty Lines
Claims reports directly to the Chief Claims Officer located in New
York City and manages the entire Casualty sub-function of US
Claims. This includes Construction Defect, General Liability Bodily
Injury, General Liability Property Damage, and New York Labor Law,
the position manages four direct reports and 33 indirect reports.
With a focus on short- to mid- term strategies (usually less than
three years), this role will have a significant impact on
bottom-line results. This position can be based in any of the
following locations where Argo has an office: Chicago, IL, New York
City, NY, Omaha, NE, Richmond, VA, Rockwood, PA, or San Antonio,
TX. We work together in the office five days a week in order to
strengthen our culture, build team connections, and drive
profitability.
How You Will Make an Impact:
- Strategically manages teams led by People Managers to provide
customers and partners with strong claims service and technical
capabilities. This includes sophisticated coverage analysis, timely
claims resolution, and strong negotiation of settlements.
- Communicates and influences senior leadership regarding matters
of strategic importance related to own scope of
responsibility.
- Creates a culture of accountability, engagement, inclusion and
performance that cultivates superior claims talent and
opportunities to thrive.
- Acts as a role model demonstrating belief in, and commitment
to, the aspiration values of Argo Group, continuing to build and
lead a value-based organization committed to long-term
success.
- Partners with Chief Claims Officer and other senior Claims
Management to establish, refine and evolve best-in-class claim
management program operating characteristics, measurement criteria,
and meaningful metrics benchmarking.
- Implements and monitors the execution of reserving and
settlement policies.
- Partners with key Claims Management to develop strategic and
operational plans aimed at achieving efficiencies so that the
department can meet its Critical Success Goals and the Company can
meet both growth and profitability targets.
- Provides guidance and direction to claims managers and
professionals through a continuous process of management
involvement.
- Participates in and approves decisions on reserving and
settlement on cases above field claim manager authority. Enters
reserves or checks as required.
- Establishes working relationships with diverse Business Unit
leaders on claims-related issues, including strategic loss
reduction initiatives.
- Ensures performance objectives and performance metrics are in
place for all positions throughout the department.
- Supports the claims selection process to retain claims
professionals that consistently demonstrate appropriate technical
expertise, maturity and a professional commitment to excellence and
customer service.
- Manages expenditures to budget / plan.
What We Need:
- J. D. from an accredited law school.
- Exhibit a mastery within the Casualty lines technical
sub-function of Claims typically achieved through a minimum of ten
years' experience adjudicating claims and five years' experience
managing people.
- A thorough understanding of property and casualty underwriting,
financial and actuarial concepts and requirements and their
influence on the claims reserving process and financial
outcomes.
- Ability to develop and provide corporate presentations to
senior and executive claims management that are based upon
metric-driven analysis and conclusions.
- Independent decision maker - takes full responsibility for
making decisions and consequences associated with
decisions.
- Demonstrates inner strength. Has the courage to do the right
thing and demonstrates it on a daily basis.
- Intellectual curiosity - the ability to consistently consider
all options and is not governed by conventional thinking.
- Client focus - the ability to effectively determine specific
client needs and to provide value added solutions.
- A team builder, someone who understands that success is
dependent upon the performance of the team and not individual team
members. Creates strong morale and spirit within the team: shares
wins and celebrates success as a team
- Proven employee development, mentoring, coaching and
performance management skills.
- Strong focus on selection - determined to have the right people
who do the best job.
- Recognized as a leader within the organization that provides
advice and guidance to others.
- Strong interpersonal skills, good judgment and be capable of
communicating with a diverse range of individuals.
- Ability to develop and maintain productive relationships with
clients, business partners and organizational peers with a focus on
timely and meaningful exchanges of information.
- Ability to build commitment both internally and externally.
Ability to communicate corporate vision and to gain support for
your views, opinions and decisions.
- A strong focus on execution in getting things done right.
Someone who consistently produces and delivers expected results to
all stakeholders.
- Proficient in the use of computer programs, including Word,
Excel, and Outlook.
- Polished and professional written and verbal communication
skills. The ability to read and write English fluently is
required.
- CPCU, ARM or other Insurance Institute coursework strongly
preferred.
Physical Demands
Unless otherwise specified below as an essential function of the
job, this role generally operates within a standard office
environment (on-site, remote or hybrid); requiring the use of a PC
and other related office equipment.
About Working in Claims at Argo Group
- Argo Group does not treat our claims or our claims
professionals as a commodity. The work we offer is challenging,
diverse, and impactful.
- Our Adjusters and Managers are empowered to exercise their
independent discretion and, within broad limits and authority, be
creative in developing solutions and treat each case as the unique
situation it is.
- We have a very flat organizational structure, enabling our
employees have more interaction with our senior management team,
especially when it relates to reviewing large losses.
- Our entire claims team works in a collaborative nature to
expeditiously resolve claims. We offer a work environment that
inspires innovation and is open to employee suggestions. We even
offer rewards for creative and innovative ideas.
- We believe in building an inclusive and diverse team, and we
strive to make our office a welcoming space for everyone. We
encourage talented people from all backgrounds to apply.
The base salary range provided below will be commensurate with
candidate experience. In addition to base salary, all employees are
eligible for an annual cash bonus and long-term equity based on
company and individual performance as well as a generous benefits
package.
Chicago and New York City Pay Range:
$191,200 - $306,100 USD
Employees at Argo as a responsible, profitable specialty insurer
where all stakeholders share in our success.
We are committed to:
- Demonstrate entrepreneurial spirit:
- Get the job done in a non-bureaucratic, resourceful
manner.
- Create a culture of accountability ensuring the delivery of
world-class products and services.
- Do the right thing:
- Act with integrity always.
- Adhere to the commitments set forth in the Argo Group
Environmental, Social and Governance program.
- Collaborate:
- Create an open and transparent environment in which diverse
experience, skill sets, and individuals can team together to drive
optimal outcomes.
- Encourage and include unique perspectives at all times.
- Respect each other:
- Create an environment that promotes dialogue, mutual support
and cooperation between and among all, where people are fun to be
around, proud of what they do, and willing to achieve beyond normal
expectations.
The base salary range provided below will be commensurate with
candidate experience. In addition to base salary, all employees are
eligible for an annual cash bonus and long-term equity based on
company and individual performance as well as a generous benefits
package.
Chicago and New York City Pay Range:
$191,200 - $306,100 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
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 - magazine 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.
Keywords: Argonaut Management Services, Inc, Hoffman Estates , SVP, Casualty Claims, Other , Chicago, Illinois
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