Extra Space Storage

Director of Claims

Extra Space Storage$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA, JD, or relevant graduate degree preferred.
  • 7-10 years of experience in claims management, preferably in property and casualty claims.
  • Familiarity with both property and casualty claims is advantageous.
  • Demonstrated negotiation skills for effective dispute resolution.
  • History of building and refining claims management processes.
  • Strong leadership and team management capability.
  • Excellent analytical skills for interpreting claims data.

Responsibilities

  • Oversee and manage the property and casualty claims processes for timely resolution.
  • Lead and mentor a team of claims professionals to promote high performance.
  • Develop and implement efficient claims management processes.
  • Utilize negotiation skills to resolve claims disputes.
  • Build relationships with stakeholders, including internal teams and vendors.
  • Drive organizational change with innovative claims handling strategies.
  • Analyze claims data to identify trends and improve processes.

Benefits

  • Collaborative office environment in Cottonwood Heights, SLC.
  • Opportunities for professional growth and team leadership.
  • Engagement with diverse stakeholders, enhancing professional network.
  • Focus on process improvement, leading to impactful organizational change.
  • Work in a sedentary role with limited physical requirements.
Full Job Description
*** Please note that this is a fully ON-SITE role, requiring this individual to work at our Cottonwood Heights office in SLC five days a week. ***

As the Director of Claims, you will oversee the comprehensive claims management process, ensuring the swift and efficient resolution of both property and casualty claims. This role demands a proactive approach to building and refining claims processes, fostering strong negotiation skills, driving organizational change, and developing, managing, and monitoring team KPI's. This position will require collaboration across various internal departments including finance, operations, facilities, and legal and lead engagement with outside vendors including TPA's, adjusters, engineers, brokers, and remediation companies.

Duties & Responsibilities
• Claims Management: Oversee and manage the property and casualty (GL, auto, work comp) claims processes, ensuring timely and effective resolution of claims.
• Team Leadership: Lead and mentor a team of claims professionals, providing guidance and support to ensure high performance and professional growth.
• Process Improvement: Build and implement best-in-class claims management processes to enhance efficiency and reduce costs.
• Negotiation: Utilize strong negotiation skills to manage and resolve claims disputes effectively.
• Stakeholder Collaboration: Build and maintain relationships with internal and external stakeholders, including senior management, insurance carriers, adjusters, consultants, and vendors.
• Organizational Change: Drive organizational change by implementing innovative strategies and processes to improve claims handling and risk management.
• Data Analysis: Analyze claims data to identify trends and opportunities for improvement, and provide strategic insights to senior management.
• Compliance: Ensure compliance with all relevant regulations and company policies related to claims management.

Qualifications

Education: Bachelor's degree required; MBA, JD, or other relevant graduate degree strongly preferred.

Experience: Minimum of 7-10 years of experience in claims management, with expertise in either property or casualty claims. Familiarity with both claim types is preferred.

Skills
• Strong negotiation skills and the ability to resolve disputes effectively.
• Proven experience in building and improving claims management processes.
• Excellent leadership and team management skills.
• Ability to drive organizational change and implement innovative strategies.
• Strong analytical skills and the ability to interpret claims data.
• Excellent communication and interpersonal skills

Work Environment & Physical Requirements
Performs sedentary work in an office environment with limited lifting (less than 10 pounds) or walking required. Close visual acuity required to perform work at computer terminal. No exposure to adverse environmental conditions. Requires repetitive typing motion, talking, hearing, grasping and feeling.

Disclaimer
The job description outlines the general nature and scope of work employees perform in this role. It's not intended to be an exhaustive list of all duties, responsibilities, or qualifications required for the position. The company reserves the right to modify, revise, or update the job description to meet business needs.

If you are a current Extra Space employee, please apply through Jobs Hub in Workday.

About Extra Space Storage

Extra Space Storage is a self-storage real estate investment trust (REIT) that owns and operates over 1,900 self-storage properties across the United States. The company's properties are located in 40 states and Washington, D.C., and offer a range of storage options, including climate-controlled units, drive-up access units, and outdoor vehicle storage. Extra Space Storage is committed to providing its customers with a high-quality storage experience, and offers a range of amenities and services to meet their needs. The company is also committed to sustainability, and has implemented a number of initiatives to reduce its environmental impact.
Learn more about Extra Space Storage
Size
4,309 employees
Market Cap
$19.6 billion
Industry
Net Income
$481.7 million
Founded
1977
5 Year Trend
+9.7%
Revenue
$1.3 billion
NASDAQ

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