Captive Resources, LLC

Claims Services Manager

Captive Resources, LLC  •  Itasca, IL (Onsite)  •  5 months ago
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Job Description

The Claims Services Manager provides day to day claims administration assistance, customer service, dispute resolution, and general claims consultation services to all assigned captive clients.

ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor’s Degree or equivalency in a related discipline and at least seven (7) years of experience in Casualty claims handling and/or claims customer service. Construction claims experience preferred.

SKILLS/COMPETENCIES REQUIREMENTS:

  • Strong team attitude
  • Works well independently and in a team environment
  • Interpersonal skills
  • Business acumen
  • Excellent written and verbal communication skills
  • Proficient in Microsoft Office, especially using Excel and Word, and other on-line computer systems
  • Utilize PowerPoint to effectively communicate ideas
  • Comfortable giving presentations to audiences of all sizes
  • Organization, planning and prioritization skills
  • Strong analytical, problem solving and judgment skills
  • Strong customer service orientation
  • Commitment to company values
  • Willingness and ability to travel as required

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Monitor the claims handling on specific large, serious or sensitive (“hot”) claims
  • Act as liaison between the client, the broker and claims administrator on any claim matter
  • Work closely with captive members to help reduce reserves and expenses
  • Use available claims data to identify claims service performance and captive claim trends
  • Coordinate and participate in claim review meetings for all clients
  • Partner with Risk Control to create successful and useful captive workshops
  • Create and generate claims reports on an as needed or as requested basis
  • New member onboarding to ensure understanding of the claims processes and claims team
  • Analyze the service requirements of each individual captive member and work with the claims administrator to achieve compliance
  • Participate in department initiatives and projects with a lead role when appropriate
  • Provide service partner training when necessary

PRIORITIES: Customer service, Member, broker and service partner Relationships, Claims process improvement

TRAVEL: Required, both domestically and internationally for this position. This includes compliance with all of the requirements of the localities and destinations, as well as transportation carrier requirements.

Captive Resources, LLC

About Captive Resources, LLC

For four decades, Captive Resources has provided mid-market companies the ability to become insurance company owners rather than insurance buyers and to lower their total cost of risk. We do this through the creation, development, and oversight of member-owned group captive insurance companies.

Captive Resources currently advises more than 50 casualty and medical stop loss group captives comprised of over 7,300 member-companies and $5.4 billion in annual premium. We support every aspect of the captives we advise, from claims advocacy to operational oversight, risk management, financial services, regulatory compliance, investment services, and more. In addition, Captive Resources has two subsidiaries: Kensington Management Group, Ltd., a full-service captive management firm, and Edgewater Actuarial Insights, LLC, an independent actuarial and management consulting firm servicing the specialized actuarial needs of the captive insurance industry.

Statement on Diversity, Equity, and Inclusion: At Captive Resources, we believe that our colleagues deserve fairness, respect, inclusivity, and belonging. We encourage different perspectives, unique ways of thinking, fearless collaboration, and positive communication. Our differences have made us strong and successful, and we embrace diversity, equity, and inclusion. We celebrate our people every day because they are the heart of our company.

Captive Resources is proud to be an Equal Opportunity Employer. We prohibit discrimination in employment with respect to any term or condition of employment, including hiring, compensation, advancement, discipline, or termination for our applicants and colleagues.

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
Itasca, Illinois
Year Founded
1986
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