Director of Management & Professional Liability Claims

Who We Are SiriusPoint is a specialty underwriter providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and program managers. With over $3.0 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A from AM Best, Fitch and S&P, and A3 from Moody’s. Join Our Team You will be the Director, Management and Professional Liability Claims. In this capacity you will be responsible for all matters regarding the execution of Management and Professional Liability claims activities, settlement processing and investigation of reported claims in compliance with the terms of each individual insurance/reinsurance contract, business best practice, regulatory requirements and Company rules for SiriusPoint’s North American MGA and Programs group. This role will also manage claim handling for Bermuda-based MGA and Programs. The successful candidate will be able to navigate a changing environment as we take the claims function into the future by aligning with SiriusPoint’s new strategic journey. This role will contribute to our growing claims team by bringing technical acumen and experience to handling a wide variety of MGA and Programs who underwrite Management and Professional Liability portfolios. You will report directly to the Head of North America MGA & Programs Claims. Your responsibilities will include: Provide oversight claims advocacy of Management and Professional Liability excess claims. The first level claims managers will be in-house MGA or Programs claims teams or Third-Party Administrators. Analyze forms, policies, endorsements, special handling instructions and other pertinent documents in order to validate coverage. Manage claims in litigation with an eye toward protection of reputational risk and prevention of bad faith allegations. Possess a comfort level with fast-paced and time sensitive claim negotiation. Approve claims according to authority, company rules, and/or local regulatory requirements Advise the business on claims trends and loss mitigation (Program Management, Underwriting, Legal, Compliance, Risk, Finance and Actuarial functions). Possess a deep understanding of reserving accuracy and estimating with varying degrees of information available. The ability to articulate reserving practice and analysis used to arrive at a reserve is of paramount importance. Responsible for accuracy and adequacy of all aspects of claims reserving, and coverage assessment. Establish, maintain and develop contacts with the MGA and Program partners, brokers, ceding companies, lawyers and loss adjusters in connection with claims matters. Treat our broad range of customers fairly and professionally in all interactions The scope of our D&O work is public and private corporations, including non-profits. Travel within US and Internationally likely. Any other duties as reasonably required. Your skills and abilities should include: 7 to 10 years’ worth of experience handling Management and Professional Liability claims with a grant of authority of USD $250k or greater. Significant knowledge and experience of the claims process within the insurance industry Exceptional problem-solving and decision-making skills Ability to operate independently within grants of authority but have the experience and judgement to reach out for help and guidance on matters where assistance is needed. Ability to interact and effectively communicate with senior level executives on a day-to-day basis and during internal or external meetings Ability to work strategically and collaboratively across departments Strong computer skills, including knowledge of Microsoft Office products Superior written and verbal communication skills in English is required and possessing the same skills in other languages is helpful, but not required Have an interest in knowledge sharing within the claims team and a willingness to support a global effort to support our business as subject matter experts in claims Education: J.D. degree from an accredited University. Licensed attorneys with claims experience are welcome to apply. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package. The following are some of the benefits and perks we offer our employees: Medical Dental Vision FSA Medical and Dependent care Health Savings Account (HSA) EAP Basic Life and AD&D (company paid) Basic Long-Term Disability (employer) paid-Taxable income Employee paid Long Term Disability(voluntary) Company Medical Leave, Parental leave- 8 weeks full pay after 6 months of service Voluntary benefits: short term disability, Critical illness, Hospital Indemnity, Accident Travel assistance programs Company paid 401(k) 6 % safe harbor match, fully vested after two years, pre- and post-tax contributions allowed Gym reimbursement Legal plan Pet Insurance Tuition reimbursement Generous PTO Flexible work arrangement Fully stacked pantry on-site Team outings ERG Groups Our CCPA Job Applicant Policy is found here: Sirius-America-CA-Job-Applicant-Privacy-Policy-Final.pdf SALARY: The estimated annual salary range for this position is mentioned below. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, SiriusPoint will consider a candidate’s relevant experience, location, and other job-related factors. SALARY RANGE $175,000—$185,000 USD United behind common goals At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. Our Purpose is to provide security and resilience in an uncertain world. Our Vision is to be recognized as a best-in-class underwriter utilizing deep risk capabilities to protect our customers. Blending our talent, expertise, and data to provide intelligent risk solutions. Our culture is one of performance and accountability. Our people are our experts, and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment. Our Values are at the heart of our business, and which guide everyday actions and decision making. Integrity: Integrity, respect and trust are our core principles Customer Focused: Our customers are the reason we exist Solution Driven: Creating solutions is our mindset Diversity: Diversity, inclusion and allyship make us stronger Collaboration: Collaboration drives outperformance Why Should You Join SiriusPoint? Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact. We Achieve More Together At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business. We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work. We are unable to sponsor or take over sponsorship of an employment visa at this time.