Claims Assistant Manager Long-Tail Liability Reinsurance
Claims Assistant Manager Long-Tail Liability Reinsurance
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 100400 - 144300
1 Vacancy
Job Description
Overview
FM is a leading property insurer of the worlds largest businesses providing more than onethird of FORTUNE 1000size companies with engineeringbased risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon stateoftheart lossprevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so we rely on a dynamic culturally diverse group of employees working in more than 100 countries in various challenging roles.
The primary responsibility of this position is to assist the Manager Runoff Operations in supervising and directing the Runoff Operations claims function and to assist the manager in the daytoday operations of the Runoff claims function. It also supports the Runoff Operations manager by ensuring that the claims handling processes within Runoff Operations are operating efficiently and in keeping with company procedures and that appropriate reserves are in place to protect the companys bottom line.
Schedule & Location:
This position is an exempt fulltime officebased position working 5 days each week MondayFriday in Waltham MA. This position may be eligible for one remote day per week on either Tuesday or Friday based on business needs. Up to 5 occasional domestic travel is required.
Responsibilities
- Reviews and approves claim payments and/or reserve changes submitted for review by claims examiners. Oversees claims workflow to ensure that all deadlines are met; assigns claim loads to claims examiners. Assists in creating and issuing various reports to senior management.
- Assumes responsibility for a claim load both assumed reinsurance and direct casualty. Initiates and directs the investigation and resolution of complex coverage issues. Interprets and executes claims policies and procedures.
- Provides direction and feedback to direct reports regarding job performance and career development objectives. Assists the Runoff Operations Manager with management and development of claims staff. Recruits and trains new claims employees.
- Assists the Runoff Operations manager in the retention and supervision of auditors consultants and attorneys; works with them to develop solutions to complex claim disputes.
- Leads or participates in special projects as needed.
Qualifications
Required Education:
4year bachelors degree in business administration
Highly Preferred Education:
Professional certification (CPCU ARe AIC)
Required Work Experience:
5 years work experience in casualty insurance claims
Reinsurance experience is essential discontinued lines experience preferred
Required Skills:
Leadership and supervisory skills
Excellent communication and analysis skills
Advanced knowledge of insurance and reinsurance principles
Ability to work independently
The annual salary for this position is $100400$144300 and will be determined based on individual qualifications. Employees enjoy a comprehensive Total Rewards program including incentives health and wellbeing programs retirement plans career development tuition reimbursement flexible work options and more!
FM is an Equal Opportunity Employer and is committed to attracting developing and retaining a diverse workforce.
Required Experience:
Manager
Employment Type
Full-Time
