Republic Indemnity · 2 months ago
Claims Manager-Workers Compensation
Republic Indemnity is a leader in the insurance industry, providing opportunities for growth and development. The Claims Manager will oversee the Claims department operations, develop strategic plans, and lead the oversight of claims settlements while mentoring team members.
ConsultingInsuranceProfessional Services
Responsibilities
Oversees Claims department operations, optimizing workflows and ensuring high productivity
Develops and implements strategic plans for the Claims department to align with business goals and objectives
Leads the strategic oversight of claims settlements to confirm coverage and determine liability, compensability, and damages
Advises team members on claim file management including settlement and reserving strategies
Analyzes claims data to identify trends, assess performance, and provide regular reports to senior management
Establishes reserves and provides insights or reports to Corporate Claims or senior management
Performs other duties as assigned
Qualification
Required
Bachelor's Degree in Business Administration, Risk Management and Insurance, Finance, or a related field or equivalent experience
Generally, a minimum of 9 years of experience in property and casualty claims handling, including a minimum of 4 years leadership experience
Typically manages 2 or more reports
Implements policies, procedures, and strategies under the direction of management
Leads and mentors Claims Representatives, ensuring they achieve excellence in their roles
Serves as a resource on insurance policy and claims handling procedures
Responsible for identifying opportunities for process improvements and implementing best practices to enhance efficiency and service quality
Responsible for performance and coaching of staff and decisions regarding talent selection, development, and performance management
Ensures new members of the team receive proper training
Preferred
Completion of or continuing progress toward a professional designation preferred, such as Associate in Claims (AIC)
Benefits
Medical, dental, and vision plans starting on day one
PTO
Paid holidays
Commuter benefits
An employee stock purchase plan
Education reimbursement
Paid parental leave/adoption assistance
A 401(k) plan with company match
Company
Republic Indemnity
Republic Indemnity specializes in worker's compensation insurance and consulting services.