AmTrust Financial Services

Manager, Claims

AmTrust Financial Services$92K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree or equivalent
  • 3+ years of progressive management experience preferred
  • Experience within Workers’ Compensation insurance industry
  • SIP certificate where required
  • Working knowledge of budgeting and profit/loss management
  • Experience with computerized claims management and office systems
  • Thorough knowledge of related government laws and regulations

Responsibilities

  • Develop and execute area plans and budgets with Claim Supervisors and Manager
  • Secure, evaluate, and develop staff to work effectively as a team
  • Communicate case status updates regularly to Claim Supervisors and Manager
  • Ensure adherence to AmTrust policies and identify areas for improvement
  • Monitor attorney vendor panel and facilitate discussions for claim mitigation
  • Oversee claims management to ensure proactive cost effectiveness
  • Negotiate claims settlements and provide testimony in legal proceedings
  • Support sales and marketing goals through involvement in underwriting
  • Evaluate claims staff performance to uphold company standards through audits
  • Stay updated on laws and regulations affecting claims operations

Benefits

  • Medical & Dental Plans
  • Life Insurance for employees and their eligible dependents
  • Health Care Flexible Spending
  • Dependent Care Flexible Spending
  • 401k Savings Plans
  • Paid Time Off
Full Job Description
Overview

The WC Claims Manager works with the Claim Adjusters to manage and ensure the Workers' Compensation claims activities are being handled within the Amtrust Best Practices, develop and maintain professional customer and broker relations by identifying and meeting customer needs. Ensures that staff demonstrates customer service principles.

 

This position will start remotely with an expectation to transition to a hybrid schedule upon opening of our Oakbrook IL  office.

Responsibilities
  • Together with the Claim Supervisors and Manager develops short-range area plans and budget designed to achieve company goals and objectives.
  • Secures, evaluates and develops staff Ensures that staff works effectively as a team.
  • Keeps the Claim Supervisors and Manager informed of current case status through regular communications and reports.
  • Ensures that all AmTrust policies, procedures and controls are followed; also consults with the Claims Supervisors on claim areas needing improvement.
  • Works with the staff to ensure that approved vendors are being used. Monitors our attorney vendor panel; meets with the firms to discuss action plans on the mitigation of our claims to ensure cost-effective and efficient results.
  • Work with the Supervisors on monitoring claims, ensuring pro-active cost-effective and creative cost management.
  • Work with Supervisors to manage the negotiation of claims settlements, participates and testifies before hearings, trials and depositions ensuring timely and cost-effective resolution.
  • Supports AmTrust sales and marketing goals by participating with underwriting in sales activities including new business development.
  • Work with the supervisory team to evaluate the performance of the claims staff at regular intervals to ensure the consistent implementation of company standards and internal quality control, by conducting audits.
  • Maintains current knowledge of related laws and regulations and communicates to staff.
Qualifications
  • BA/BS degree or equivalent.
  • 3+ years of progressive management experience preferred
  • Experience within Workers’ Compensation insurance industry.
  • SIP certificate where required.
  • Working knowledge of budgeting and profit/loss management.
  • Experience with computerized claims management and office systems.
  • Thorough knowledge of related government laws and regulations.

 

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

 

The expected salary range for this role is $92,000-120,000 annual.

 

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

 

About AmTrust Financial Services

AmTrust Financial Services, Inc. is a multinational property and casualty insurance company. The company provides coverage for small businesses, workers' compensation insurance, extended warranty coverage, specialty risk and extended warranty coverage, and other insurance products. AmTrust Financial Services, Inc. was founded in 1998 and is headquartered in New York City. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol AFSI.
Learn more about AmTrust Financial Services
Size
8,000 employees
Industry
Founded
1998

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