Assistant Vice President, Casualty Claims

Job Description

This is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we're bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service both pre- and post-claims. Ascot exists to solve for our clients' brightest tomorrow, through agility, collaboration, resilience, and discipline.

Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI-enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.

Position Overview:

Reporting to the Senior Vice President, Head of Casualty Claims, the Assistant Vice President, Casualty Claims will have direct experience in handling claims arising from contractors, manufacturing and distribution, hospitality, and premises-related general liability claims.

Responsibilities:

• Responsible for end-to-end management and direct handling of primary and excess casualty liability claims according to policy coverage and state requirements.
• Identify, evaluate, and analyze coverage issues and prepare comprehensive coverage letters for claims handled directly by Ascot.
• Work closely with outside counsel to ensure cost-effective and appropriate litigation management strategies are in place that will lead to the best overall outcome.
• Maintain proactive oversight and/or supervision of all retained outside vendors and their associated billing practices and invoices
• Proactively negotiate settlement of claims within designated authority level.
• Presentations to internal business partners and external clients regarding severity and trends of Casualty claims.
• Travel to attend mediations industry conferences, settlement & claim conferences, trials, depositions and assist with Ascot's marketing efforts.
• Perform other duties as assigned.
• Commit to The Ascot Way: As a member of the claims team embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Requirements:

• Minimum of 10 years of Casualty Claims experience
• Experience working with high exposure claims and complex towers of insurance coverage.
• Ability to work in a fast-paced environment.
• Ability to prioritize and work on multiple client projects at the same
• Demonstrated ability to work on a team, interact with others, meet deadlines, and successfully perform in a changing work environment
• Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint)
• Excellent interpersonal communication and negotiation skills
• High exposure/complex claim exposure evaluation skills
• Strong collaboration and partnership skills
• High degree of influencing skills
• Must have multiple adjusters' licenses or willing to obtain licenses where needed
• Juris Doctorate Degree preferred, but not required
• Availability for occasional travel

***This position may be filled at a different level, depending on experience***

Compensation:

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company.

The annualized base pay range for this role is: $170,000 - $180,000

Company Benefits:

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) Retirement Benefits: Contributory Savings Plan (401k).