AmTrust Financial Services

Manager, Claims Workers Compensation

AmTrust Financial Services$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree or equivalent required.
  • 3+ years of progressive management experience preferred.
  • Experience in the Workers’ Compensation insurance industry is essential.
  • SIP certificate required where applicable.
  • Knowledge of budgeting and profit/loss management needed.
  • Experience with computerized claims management systems is required.
  • Strong understanding of relevant government laws and regulations is crucial.

Responsibilities

  • Collaborate with Claim Supervisors to develop and implement short-term area plans and budgets.
  • Recruit, train, and evaluate staff to promote effective teamwork.
  • Maintain consistent communication regarding case statuses through reports.
  • Ensure compliance with AmTrust policies and consult on areas for improvement.
  • Monitor attorney vendor performance and discuss action plans for claims mitigation.
  • Promote proactive and cost-effective claims management with the supervisory team.
  • Negotiate claims settlements and represent the company during hearings and trials.

Benefits

  • Medical and Dental Plans for employees and their eligible dependents.
  • Life Insurance coverage for employees, spouses, and children.
  • Health Care and Dependent Care Flexible Spending Accounts.
  • 401k Savings Plan to support retirement savings.
  • Generous Paid Time Off policy.
Full Job Description
Overview

Amtrust Financial Services, a fast growing commercial insurance company, has a need for a Workers’ Compensation Claims Manager.  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.

 

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.
  • Performs other projects as assigned
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.

 

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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