Claims Director directs and oversees the operations of an insurance claims department to meet operational, financial, and service requirements. Establishes policies and procedures for the administration of insurance claims for personal, property, or casualty loss based on coverage, appraisal, and verifiable damage. Being a Claims Director is responsible for the strategic processing and payment of claims. Maintains up-to-date- knowledge of legislation, regulations, and industry events which pertain to insurance claims. Additionally, Claims Director provides expert guidance and consultation to staff on the most complex claims. Requires a bachelor's degree. Typically reports to top management. The Claims Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Claims Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Description
Assist the Underwriting Team in account maintenance while learning various underwriting tasks necessary for advancement.
Job Responsibilities:
· Various tasks assisting brokers
· Learn and develop an understanding of Professional, Management and Environmental Liability
· Quoting, entering & binding accounts (Renewal)
· Service existing business
· Contributes to organization effectiveness by identifying short-term and long-range issues that must be addressed; providing information and commentary pertinent to deliberations; recommending options and courses of action; implementing directives.
· Make marketing calls/travel as necessary
· Remarket renewals
· Understanding numerous company underwriting appetites
· Maintains inter- and intradepartmental workflow by fostering a spirit of cooperation
· Maintains professional underwriting and technical knowledge by attending educational workshops
· Adhere to Minimum Company service standards, going above and always striving to be better than the norm
· Assist with creating and implementing Standard Operating Procedures for the department processes and training team members
· Contributes to team effort by accomplishing various tasks as they are assigned
· Adhere to company-wide service standards (strive to go above)
· Pursue education to enhance industry knowledge, maintain minimum company education requirements
· Other duties as assigned
Education and Work Experience:
· 2-year degree in General Business or related field, preferred but not required
· Minimum of 2 years’ experience in Insurance or related field
Knowledge Skills & Abilities:
· Confidentiality
· Analytical Skills
· Research Skills
· Attention to Detail
· Decision-Making
· Coordination
· Teamwork
· General Math Skills
· Innovative
· Creative
Clear All
0 Claims Director jobs found in Charleston, SC area