Top Claims Executive plans and directs all aspects of an organization's insurance claims function. Responsible for managing and implementing claims programs for all lines of insurance. Being a Top Claims Executive directs the review and settlement of complex or high dollar claims. Develops procedures and policies to enhance and improve the processing, investigation, and settlement of claims. Additionally, Top Claims Executive ensures legal examinations are made when appropriate. Requires a bachelor's degree. Typically reports to top management. The Top Claims Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. To be a Top Claims Executive typically requires 8+ years of managerial experience. (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
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