Job description
CGL Claims Director
Job Summary
Seeking a highly skilled and experienced Claims Director to join a team. This is a pivotal leadership role responsible for providing vision, oversight, and management for assigned claims units, including property, casualty, or both. The Claims Director will play a key role in implementing and monitoring severity, complexity management, and quality assurance standards while supporting enterprise-wide business objectives. This position offers an excellent opportunity to advance your career in claims management and contribute to the success of a growing organization.
Compensation Package
- Salary: Up to $175,000 annually
- Bonus: Target of 10% (not guaranteed)
- Profit Sharing: 5-12% in lieu of 401(k) match
- Benefits:
- Paid Parental Leave (up to 12 weeks)
- Comprehensive Medical, Dental, and Vision coverage
- Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA)
- 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance
- One paid day off annually for volunteering at a local charity
- Tuition Assistance and Industry-Related Education and Exam programs
- Discounts on cell phone services with Verizon and AT&T
- Access to exclusive travel and entertainment discounts through the Plum Benefits program
- Flexible work arrangements
- Free access to an onsite, newly renovated fitness center with optional yoga and other classes for a nominal fee
Responsibilities
- Provide strategic direction and leadership for assigned claims units, including severity and litigation management.
- Develop, plan, and implement strategic and tactical initiatives to achieve business objectives and performance metrics.
- Oversee high-severity and complex claims, participating in handling, reserving, and resolution discussions.
- Collaborate with senior claims management to develop defensive strategies for severe or complex claims.
- Manage and evaluate the company’s most severe and complex claims, including coverage, liability, and damages analysis.
- Make settlement decisions for cases exceeding Claims Manager authority levels, within delegated limits.
- Direct defense counsel activities to expedite claim settlements.
- Monitor and analyze organizational performance, develop key performance metrics, and implement quality assurance through audits.
- Drive team performance, holding members accountable for meeting objectives and metrics.
- Attract, coach, and develop talent, providing constructive feedback and fostering professional growth.
- Ensure compliance with state statutes and regulatory/legal requirements in claims handling practices.
- Collaborate with cross-functional leaders to drive continuous improvement and contribute to business unit goals.
Qualifications/Requirements
- Bachelor’s degree in Business, Insurance, or a related field.
- Minimum of 7 years of progressively responsible experience in claims and commercial property and/or casualty insurance, with expertise in managing complex claims and litigation.
- Proven leadership experience with a demonstrated ability to develop and retain talent.
- Advanced knowledge of claims operating practices, litigation laws, and regulations.
- Strong organizational, project management, and team leadership skills.
- Visionary thinker with the ability to plan over multi-year time spans.
- Effective communication and interpersonal skills, with the ability to work at all organizational levels.
- Proficiency in Microsoft Word, Excel, PowerPoint, and Outlook.
- Ability to travel infrequently as needed and work outside normal hours to fulfill responsibilities.
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