Markel Corp

Claims Manager, Worker's Compensation

Markel Corp$91K — $190K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience
  • Minimum of 10 years in the insurance industry, particularly in workers compensation
  • Experience managing teams
  • Insurance industry certifications and management training are a plus
  • Strong strategic thinking and organizational skills

Responsibilities

  • Direct and monitor new loss activity
  • Review and approve claims correspondence and reports
  • Approve reserves and settlements above examiner authority
  • Make reserve change recommendations to management
  • Participate in reviews of large loss claims with stakeholders
  • Ensure team adherence to Fair Claims Practices and quality objectives
  • Evaluate team performance and identify training needs
  • Prepare and distribute reports with summarized information
  • Assist in budget preparation and resource assessment
  • Build strong relationships with internal stakeholders and customers
  • Engage in special projects and travel as required

Benefits

  • Opportunity for career growth and development
  • Training on the latest industry practices
  • Work in a dynamic team environment
  • Engage with diverse stakeholders
  • Participate in an annual incentive plan
Full Job Description
This position will be responsible for managing a team of claims examiners possessing varied experience levels. This position will oversee the resolution of claims with low to high complexity and provide direction, coaching, and training. This position will report to the Dir or Senior Dir of claims and be responsible for conveying the organization’s objectives and priorities to staff and measure progress towards stated goals. Job Responsibilities • Direct and monitor assignments of new loss activity • Review and approve correspondence and reports • Review and approve reserves and settlements in excess of examiner’s authority • Make recommendations concerning reserve changes to director or senior management. • Participate in review and discussion of large loss activity with interested stakeholders (UW, PL, Actuarial, Executive Management) • Ensure that team adheres to Fair Claims Practices regulations and internal Claims Quality Performance Objectives • Assess and evaluate individual examiner and team performance, provide feedback and develop training needs • Prepare and distribute reports by collecting and summarizing information • Assist in preparation of budgets, evaluation of expenses and assess resource needs • Foster and encourage strong relationships with internal stakeholders (UW, PL, Actuarial) • Promote and enhance strong relationships with customers and channel partners • Participate in special projects as requested • Travel to other claim offices, mediations, trials, and conferences as required. Education: • Bachelor’s degree or equivalent work experience Certification: • Successful achievement of insurance industry designations a plus • Management training a plus Work Experience: • Minimum of 10 years in the insurance industry, with a deep and broad understanding of workers compensation. • Experience managing people. Skill Sets: • Strategic thinker with good organizational skills • Excellent written and oral communication skills • Strong organization and time management skills • Ability to deliver outstanding customer service • Intermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word) • Ability to work in a team environment • Strong desire for continuous improvement US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. Pay information: The salary range for this position is $91,400  - $190,500. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.

About Markel Corp

Markel Corp Careers

Join the vibrant team at Markel Corp, a global leader in insurance, reinsurance, and investment operations. At Markel Corp, we believe in fostering an environment of growth and innovation, making it an ideal place for professionals seeking to advance their careers in a dynamic and supportive setting.

Work You'll Do

At Markel Corp, you'll be part of a culture that cherishes diversity and leadership. Our team is committed to providing you with the opportunities to develop your professional skills through targeted training programs and diverse job opportunities. Whether you're looking for a position in management, finance, IT, or customer service, Markel Corp offers a variety of career paths to help you achieve your professional goals.

Innovate and Lead

Embrace the chance to work on groundbreaking projects that redefine the industry standards. Markel Corp is at the forefront of combining technology with insurance solutions, driving innovation and efficiency. Our leadership is deeply involved in developing strategies that leverage our robust networking capabilities to enhance our market presence and service quality.

Join Our Team

Discover a world of opportunities at Markel Corp. We are continuously hiring and looking for talented individuals who are eager to contribute to our mission and vision. Explore job opportunities and internships that will utilize your unique skills and passions. Our team is our greatest asset, and we invest in their growth through comprehensive benefits, professional development, and diversity training.

Develop Your Career

Markel Corp is not just a company; it's a place where you can build a lasting career. Benefit from our development programs that are designed to nurture your leadership potential. From internships to full-time positions, we provide the support and resources to grow your career. Our commitment to professional growth ensures that every team member has the tools to succeed and lead.

Stay Connected

Be part of Markel Corp's professional network. Engage with us through various networking events, stay updated with the latest industry trends, and connect with other professionals. Our collaborative environment supports career advancement and skill enhancement.

Apply Now

Ready to take the next step in your career? Check out the latest job openings at Markel Corp. Tailor your resume to highlight your relevant experience and skills, and prepare for an interview that could launch your career to new heights. We are excited to see how your expertise and ambitions align with our goals at Markel Corp.

Explore Markel Corp Jobs and Careers

Your future at Markel Corp starts here. With a commitment to innovation, leadership, and diversity, we are looking for individuals who are ready to make a difference. Join us in shaping the future of the insurance and financial industries.

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Learn more about Markel Corp
Size
20,300 employees
Market Cap
$17.4 billion
Industry
Net Income
$816 million
Founded
1930
5 Year Trend
+17.9%
Revenue
$9.7 billion
NASDAQ

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