Complex Claim Director (Financial Lines - Public D&O)

CNAChicago, Illinois

$97,000 - $189,000 / year

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Overview

Schedule

Full-time

Career level

Executive

Remote

Hybrid remote

Compensation

$97,000-$189,000/year

Benefits

Health Insurance

Family/Dependent Health

Health & Wellness Programs

Job Description

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

This is a unique opportunity to lead a team handling some of the most sophisticated, high-exposure, and strategically important claims in the Financial Lines industry. As Complex Claims Director, you will influence claim outcomes, guide multimillion-dollar reserving and settlement decisions, partner with senior leaders across the organization, and develop exceptional talent while helping drive the success of a market-leading business.

JOB DESCRIPTION:

Job Description Summary

The Complex Claims Director is a pivotal leadership role within CNA's Financial Lines organization. This position leads a team of highly skilled claims professionals responsible for the management of complex Financial Institutions E&O claims involving Banking Institutions, Investment Advisors and Asset Managers, Private Equity firms, Insurance Companies, and Reps and Warranties exposures.

The successful candidate will combine technical excellence, business acumen, and inspiring leadership to navigate challenging coverage, liability, and litigation issues while driving exceptional outcomes for customers and the organization. In addition to overseeing a sophisticated portfolio of claims, the Complex Claims Director will play a key role in shaping strategy, influencing significant business decisions, building organizational capability, and driving operational excellence across a critical segment of the Financial Lines business.

This role offers a unique opportunity to make a lasting impact—leading through complexity, mentoring future leaders, and helping define best-in-class claim handling practices in an evolving and dynamic marketplace.

Essential Duties & Responsibilities:

Performs a combination of duties in accordance with departmental guidelines:

Leads, develops, and inspires a team of highly skilled claims professionals handling complex, high-severity Financial Institutions E&O claims, fostering technical excellence, strong decision-making, and a culture of accountability and collaboration.

Drives superior claim outcomes by overseeing claim strategies, reserving, litigation management, settlement authority recommendations, and resolution planning across a sophisticated portfolio of Financial Institutions E&O matters.

Contributes to organizational profitability by driving productivity, managing expenses, ensuring appropriate use of vendors, overseeing claim resolution strategies, and ensuring quality and customer service standards are met or exceeded.

Ensures customer satisfaction by holding teams accountable for delivering high-quality, timely claim service, identifying service opportunities, and implementing initiatives, processes, and training that enhance the customer experience.

Ensures claim handling excellence through active file engagement, quality oversight, performance monitoring, coaching, and development of technical capabilities across the team.

Leverages data analytics and operational metrics to identify trends, evaluate performance, improve outcomes, and drive continuous operational effectiveness.

Manages department and claim expenses through disciplined financial stewardship, productivity management, effective resource utilization, and a focus on efficiency and quality.

Builds and strengthens strategic relationships across Claims, Underwriting, Actuarial, Legal, Reinsurance, and external stakeholders to achieve favorable outcomes on complex matters and advance business objectives.

Effectively communicates and shares timely information through team meetings, one-on-one coaching sessions, leadership communications, and development initiatives that foster employee engagement and growth.

Partners with senior leadership to shape claims strategy, influence business decisions, implement key initiatives, and reinforce organizational priorities and objectives.

Develops and advances talent through coaching, mentoring, succession planning, and performance management, helping build the next generation of Financial Lines claim leaders.

Ensures compliance with applicable regulatory requirements, company guidelines, and industry best practices while remaining current on emerging legal, regulatory, and market trends affecting Financial Institutions E&O exposures.

May participate in special projects and enterprise initiatives.

Reporting Relationship

Typically AVP or above

Skills, Knowledge & Abilities

Thorough knowledge of the insurance industry and the organization’s products, policies and procedures.
Ability to effectively recruit, lead, coach, develop and retain talented claim professionals and/or managers.
Advanced technical expertise in Financial Institutions E&O, business management acumen, investigation and claims resolution experience, and expert knowledge of claims principles, practices and procedures.
Ability to solve complex issues with a sense of urgency; effectively identifies and manages available resources to make informed decisions.
Ability to effectively interact and collaborate with all levels of CNA’s internal and external business partners.
Excellent communication skills and customer service experience, with demonstrated ability to succinctly present to senior management.
Demonstrated knowledge and understanding of when and how to extract insights from metrics to make informed business decisions.
Ability to creatively and effectively manage through ambiguous and challenging business problems, lead through change, and take appropriate levels of risk.
Adaptable and able to effectively lead through change.
Knowledge of Microsoft Office Suite and other business-related software.
Ability to model CNA’s leadership behaviors.

Education & Experience:

Bachelor’s degree with Master’s preferred or equivalent experience.
Typically a minimum of ten years of related work experience, with three years of management experience preferred.
Applicable certifications or professional designations preferred.

#LI-CP1

#LI-Hybrid

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia,California, Colorado, Connecticut, Illinois,Maryland, Massachusetts, New York and Washington,the national base pay range for this job level is $97,000 to $189,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals.

For a detailed look at CNA’s benefits, please visit cnabenefits.com.

CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com

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FAQs About Complex Claim Director (Financial Lines - Public D&O) Jobs at CNA

What is the work location for this position at CNA?

This job at CNA is located in Chicago, Illinois, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at CNA?

Candidates can expect a pay range of $97,000 and $189,000 per year.

What employment applies to this position at CNA?

CNA lists this role as a Full-time position.

What experience level is required for this role at CNA?

CNA is looking for a candidate with "Executive" experience level.

What benefits are offered by CNA for this role?

CNA offers following benefits: Health Insurance, Family/Dependent Health, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.

What is the process to apply for this position at CNA?

You can apply for this role at CNA either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.