Claims Manager manages the operations of an insurance claims department to meet operational, financial, and service requirements. Oversees the intake and processing of insurance claims for personal, property, or casualty loss based on coverage, appraisal, and verifiable damage. Being a Claims Manager manages appraisal and examination staff and processes. Assures timely and proper disposition of claims based on policy provisions. Additionally, Claims Manager recommends and implements best practices to ensure complete and thorough claim settlements, legal reviews, and investigations following company policies and insurance industry regulations. Determines the value of settlements for escalated claims. Manages negotiations of settlements and administration of claims in litigation. Typically requires a bachelor's degree. Typically reports to a director. The Claims Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Claims Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
TITLE: Unit Manager
FLSA Status: Exempt
REPORTS TO: Claim Manager
Pay Band: B
General Summary: Leads and manages a unit of Inside Claim Representatives responsible for investigating, processing, and resolving claims. Assigns work, resolves problems, and performs standard supervisory activities.
Essential Functions:
1. Assesses volume and nature of claims to be processed and provides direction on new losses to claim representatives as appropriate.
2. Serves as a Unit resource for answering questions about complex claims, appropriate procedures, authorities, and the like.
3. Audits claim files regularly for accuracy and corrects any ongoing problems. Provides feedback to staff.
4. Assists in the training and orientation of new Claim Representatives.
5. Interviews, hires, trains, evaluates performance, disciplines, and terminates employment as necessary, within the guidelines established by Human Resources. Resolves conflict, counsels associates, and provides for continued training and development.
6. Maintains a regular diary system and reviews system reports to identify claims to review for quality and regulatory compliance.
7. Keeps apprised of current trends in the industry and related changes in the law; reads trade journals and attends related seminars and workshops.
8. Responsible for development and training of all claims associates under their direction.
9. Develops agency relations through visits, being available to answer questions, and keep agents advised of claim-related changes.
10. Acts as a back-up for other Unit Managers while they are unavailable.
10. Performs other duties as assigned.
Marginal Functions:
1. Fields phone calls and questions from insureds, claimants, agents, and other interested parties.
2. Performs various administrative activities, such as reviewing, preparing, and running reports, preparing follow-up letters to insureds regarding coverage, and attending agency meetings and functions.
3. Reviews and approves expense accounts.
4. Assists in managing AMD Unit vendors.
Minimum Qualifications:
1. College degree or equivalent work experience.
2. Consistently a proven leader with demonstrated high performance and/or previous Senior
Claim Representative experience.
3. Overall knowledge of claims department operations and property and casualty insurance principles in general.
4. Understanding of litigation process and medical terminology.
5. Ability and skills to perform investigations or evaluations.
6. Strong interpersonal skills for dealing with other associates, agents, insureds, and numerous other outside contacts.
7. Strong analytical, organizational, and critical thinking skills.
8. Strong leadership skills.
9. Active in insurance-related studies such as AIC, SCLA, CPCU, etc.
10. Obtains Adjuster licenses that are required for claim handling in states where we write business.
Working Conditions:
Supervision Received:
Limited supervision with choice in selection, development and coordination of methods to use; may occasionally develop own methods to perform work.
Supervision Exercised:
Management of claims unit includes the ability to hire, promote, and terminate. Evaluates performance, and is responsible for the continued training and development of assigned staff.
The above is intended to describe the general content of and requirements for the performance of this position. It is not to be construed as an exhaustive list of duties, responsibilities and requirements.
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