Full Job Description
Officer position responsible for direction and management of the operational activities for multiple locations and/or a major activity within a large multi-functional processing operation. Ensures the effective implementation of strategic objectives and policies within operations, in accordance with the company's strategic plans.
JOB DESCRIPTION:
Essential Duties & Responsibilities
• Implements strategic objectives with substantial impact on the short and long-term success of the operations.
• Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent management and succession planning in accordance with corporate strategic direction.
• Participates in the development and implementation of operating plan including policies and procedures, workflow, and performance standards including stretch goals to deliver superior or industry leading service within processing operation.
• Champions and implements process improvements/reengineering initiatives both within and across the organization to improve service and reduce risks and expenses. Engages and influences leaders outside of WWO to improve end-to-end processes.
• Manages expenses within each assigned business area. Performs forecasting of staffing needs, salary administration and overall spending, controls and variances.
• Monitors quality and timeliness of policy services provided to customers. Revises policies and procedures to increase quality and productivity and ensure customer satisfaction.
• Implements state and federal regulatory requirements in processing operation. Designs measures for internal and external reviews to ensure compliance.
• Translates strategy into action in partnership with other leaders to drive top and bottom line growth. Uses multiple sources of data to support decisions and tracks metrics to monitor progress.
• Relationship Management: Establishes strong relationships with customers and business partners by demonstrating area expertise and enterprise business acumen.
• Ensures Business Continuity/Disaster Recovery Plans are current and effective.
• May manage vendor relationship regarding outsourced functions.
Reporting Relationship
Typically VP and above
Skills, Knowledge and Abilities
• In-depth technical knowledge of theories and practices in insurance operations, billing and collections, agencies and accounting. Working knowledge of underwriting, IT principles, claims processing and metrics to measure operating functions.
• Ability to effectively interact and communicate with all levels of external and/or internal business partners within scope of responsibility, team and/or matrix environment.
• Leadership and management skills demonstrating integrity and professionalism.
• Ability to drive results by identifying and resolving problems within scope of responsibility.
• Knowledge of the commercial insurance industry, its products and services.
• Ability to implement systems, processes and procedures that improve the customer experience and result in profitable growth.
• Knowledge of Microsoft Office Suite and other business-related software.
• Ability to articulate a vision for the future and ability to communicate how each team member has an impact on CNA's value proposition.
• Drives strategies and implements innovative solutions to outperform the competition and drive top and bottom line growth.
Education and Experience
• Bachelor's degree with Master's preferred in Business Administration or a related discipline, or equivalent.
• Typically a minimum of 10 years of related insurance work experience, with five years management experience.
• Applicable certifications preferred.
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In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia,California, Colorado, Connecticut, Illinois,Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $152,000 to $242,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.