1. What is the average salary of a VP of Claims Litigation?
The average annual salary of VP of Claims Litigation is $233,748.
In case you are finding an easy salary calculator,
the average hourly pay of VP of Claims Litigation is $112;
the average weekly pay of VP of Claims Litigation is $4,495;
the average monthly pay of VP of Claims Litigation is $19,479.
2. Where can a VP of Claims Litigation earn the most?
A VP of Claims Litigation's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a VP of Claims Litigation earns the most in San Jose, CA, where the annual salary of a VP of Claims Litigation is $294,826.
3. What is the highest pay for VP of Claims Litigation?
The highest pay for VP of Claims Litigation is $296,799.
4. What is the lowest pay for VP of Claims Litigation?
The lowest pay for VP of Claims Litigation is $183,331.
5. What are the responsibilities of VP of Claims Litigation?
Provides legal representation to the organization in insurance claims-related litigation. Provides legal advice to claims personnel. Leads a staff of internal attorneys and outside legal counsel. Tries large, complex cases as required and directs claims cases through litigation cycle. Consults with senior management to resolve issues and decide settlements. Must be admitted into the state bar. Acts as Attorney of Record. Requires a JD. Typically reports to top management. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
6. What are the skills of VP of Claims Litigation
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
2.)
Diversity and Inclusion: Developing and promoting acquaintance, empowerment, and integration of each unique individual to create a productive and safe working environment.
3.)
Agile: Agile is a development process where feedback is continuously gathered from users to create the best user experience.