Toronto
Salary Range: $125,000.00 To $150,000.00 Annually
Who are we?
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?
Learn more about our unique culture and history.
Job Opportunity:
Berkshire Hathaway Specialty Insurance has an exciting opportunity for a Senior Claims Examiner based in our Toronto Office to support our growing Third-Party business and existing technical claims team. In this role, the Senior Claims Examiner will have a unique opportunity to handle a diverse mix of Financial Lines claims including D&O, E&O, Life Agent Broker Dealer and Professional Liability as well as some General Casualty claims. Experience handling Fiduciary and/or Fidelity/Crime claims is a plus. Candidates must have strong technical and analytic skills, as well as excellent interpersonal skills, as this role will have a high level of interaction with customers, brokers, outside counsel (defense and coverage), mediators, underwriters, and senior management.
Duties & Responsibilities:
- Duties may include but are not limited to; proactively handling claims from first notice of loss through ultimate resolution, working with and advising internal partners on claims, developing a proactive plan of action for ultimate resolution, obtaining budgets and meeting with clients, counsel and brokers and reviewing and providing advice on policy wordings and risk selection.
- Independently evaluate information on coverage, liability, and damages to determine the extent of exposure to the insured and the company, with limited assistance from outside counsel.
- Collaborate with defense counsel on strategy and resolution. Effective participation in mediations on complex claims.
- Provide outstanding customer service and technical expertise; work well with the insured, broker and underwriters in the handling and adjudication of claims.
- Analyze and draft coverage letters as appropriate and communicate complex coverage positions effectively.
- Draft reports and make recommendations concerning reserve changes.
- Travel to conferences, mediations, and client meetings as necessary.
Qualifications, Skills and Experience:
- 7-10+ years’ experience, with a minimum of three years’ experience handling insurance claims, defense and/or coverage litigation or other related experience required.
- University degree required; JD preferred.
- Background in E&O, D&O and/or Fidelity/Crime claims.
- Excellent interpersonal, communications and negotiation skills required.
- Must have attention to detail, organizational skills and ability to multi-task.
- Ability to thrive in a dynamic, highly collaborative team environment.
BHSI Offers:
- A competitive package and exciting growth opportunities for career-oriented teammates.
- A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
- A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
- Benefits that support your life and well-being, which include:
- Comprehensive Health, Dental and Vision benefits.
- Disability Insurance (both short-term and long-term).
- Life Insurance.
- Accidental Death & Dismemberment Insurance.
- Critical Illness Insurance.
- Employee Assistance Program.
- Defined Contribution Pension Plan with Company Match.
- Generous holiday and Paid Time Off.
- Tuition Reimbursement.
- Paid Parental Leave
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization
BHSI complies with Ontario’s Accessibility for Ontarians with Disabilities Act (AODA) and has a process in place that provides accommodations for job applicants and teammates with disabilities (upon request).
We do not employ AI or automated tools to filter, assess, or select candidates.
This posting is for an existing vacancy within the organization.
The base salary range for this position in Toronto is $125,000 to $150,000, along with annual bonus eligibility. Total compensation for a candidate is determined by their relevant skills, location, and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.
To apply, please email your resume to [email protected]
Visit our website at www.bhspecialty.com