Lovell Safety Management Co., LLC · 4 days ago
Vice President - Workers’ Compensation Claims
Lovell Safety Management Co., LLC is a leader in the NYS workers’ compensation safety group insurance market. The VP of Claims is responsible for the operational and strategic direction of the claims operation, overseeing a team of professionals and ensuring compliance with New York State Workers’ Compensation Laws.
ConsultingFinanceInsurance
Responsibilities
Lead the Workers’ Compensation Claim’s operations to ensure that claims are being properly administered and litigated in accordance with the New York State Workers’ Compensation Laws and its rules and regulations by NYSIF, the workers’ compensation carrier, outside counsels, and in-house personnel
Develop and implement claims policies, procedures, and processes to align with Company goals
Lead, supervise, mentor, evaluate performance, and motivate claims team to perform at a high level with competence in complex workers’ compensation matters
Must have extensive and demonstrated NYS workers’ compensation experience with the ability to evaluate the merits of claims, develop defense strategies, determine and negotiate settlement parameters, conduct legal research, determine whether reserves are appropriate and whether appeals, Full Board Reviews and Appellate briefs should be filed. Handles all claims matters related to NYS workers’ compensation
Collaborate with Underwriting/Sales, Safety and other internal departments to ensure profitability, client retention, and growth of Company
Drive client retention through effective claims management and excellence in customer service
Cultivate strong relationships with executive and management personnel at the NYSIF, brokers, executive committee members, attorneys, and the NYS Workers’ Compensation Board. The position requires consistent excellent customer service to both internal and external Lovell stakeholders
Monitor emerging trends in claims administration, litigation management, and regulatory changes to inform continuous improvements and development of Company strategies
Represents Lovell Safety Management, LLC at workers’ compensation professional organizations, meetings with NYSIF, Workers’ Compensation Board and clients as a subject matter expert in NYS Workers’ Compensation
Required to write articles on workers’ compensation topics that will be published in professional outlets and develop Power Point presentations for NYSIF/client meetings
Qualification
Required
Bachelor's degree required. Advance degree preferred (JD, MBA)
10+ years of extensive experience in management/litigation of NYS workers' compensation claims
Demonstrated success in a senior executive leadership role managing a large claims team in the administration of claims under the NY State Workers' Compensation Law and its rules and regulations
Strong communication (verbal, written, computer), analytical, people, and negotiation skills
Proven ability to lead a team, manage client expectations, and drive strategic initiatives
Expert in NYS Workers' Compensation Law
Leadership and people development
Problem solving and analytical skills
Strategic thinking and vision
Strong verbal and written communication skills
Risk assessment and decision making
Operational excellence
Customer service and relationship management
The employee is required to travel and must hold a valid NYS driver's license
Benefits
Bonus potential
A 401(k) match
Health benefits
Paid time off
And more
Company
Lovell Safety Management Co., LLC
Since 1936, Lovell Safety Management has been providing workers' compensation insurance programs & solutions.
Funding
Current Stage
Growth StageCompany data provided by crunchbase