Claims Department Manager
Oversee all daily functions of the Claims Department. Liaise between Upper Management and Claims Department.
Essential Duties and Responsibilities :
- Strive to provide excellent customer service to our associates, agents, adjusters, attorneys and all who require our assistance.
- Hiring and training of claims department staff.
- Advise CEO / Underwriter / Branch Manager of any potentially large exposures and / or any problems that may arise beyond the normal everyday occurrences.
- Report all E&O exposures to CEO with full details and claim file.
- Review problem files : ie : Insured's disputing denials, complaints filed with the Insurance Department and / or London Complaint Department.
- Recommend and assign attorneys as appointed by London to defend losses or request coverage opinions.
- Keep all parties involved updated.
- Direct claims staff with coverage issues.
- Review daily checks prepared by the claims team.
- Work with accounting to determine availability of funds for weekly claim payments.
- Handle incoming phone calls.
- Review all incoming mail and distribute accordingly for processing.
- Prepare yearly staff performance evaluations and goal setting for claim staff.
- Encourage the claims team to pursue continuing education and recommend training when needed.
- Run monthly Bordereaux reports and work with accounting to tie out payments.
- Perform Peer Reviews for the London contracts.
- Review adjuster performance and keep records of E&O certificates.
- Interview adjusting firms to determine if they are compatible with our needs.
- Review London contracts to be sure we are in compliance with the contracts. Review adjuster panels for each contract.
- Prepare our claim files for annual audits.
- Comply with subpoenas served on Jimcor, document production.
Qualifications / Requirements :
Strong knowledge of standard property and casualty insurance statutes, regulations and practices; casualty / liability claims adjusting including analyzing and coordinating disposition of claims.Good supervisory practices.Good analytical skills for interpreting laws and regulations as a basis for decision-making.We offer a total compensation package which includes salary (80k-95k) plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More.