AmTrust Financial Services

Program Claim Manager, Commercial Liability

AmTrust Financial Services$87K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years experience in complex commercial liability claims handling or litigation.
  • Proficient with paperless claims file systems.
  • Strong technical knowledge of claims and legal processes.
  • Excellent written and verbal communication skills.
  • Ability to engage effectively with diverse stakeholders.
  • Adaptable to changing priorities and requirements.
  • Proven negotiation skills; SCLA or CPCU designation/AIC certification preferred.

Responsibilities

  • Guide and provide feedback to Third Party Administrators (TPAs) to optimize outcomes.
  • Oversee key accounts and provide account management support.
  • Conduct claims due diligence for potential TPA/MGA partners.
  • Lead implementation of new TPA programs.
  • Collaborate with data analytics to assess TPA performance and report findings.
  • Draft and update service instructions for assigned claims programs.
  • Ensure compliance with regulatory and internal reporting requirements.

Benefits

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

Amtrust Financial Services, a fast growing commercial insurance company, is seeking a Program Claims Manager. The successful candidate will provide oversight of Third Party Administrators in the handling of General Liability, Construction, Excess, Medical Malpractice and Trucking related claims. The successful candidate will evaluate coverage issues and risk transfer opportunities as well as ensuring appropriate investigations of the underlying facts and circumstances is carried out, proper experts are retained and utilized where necessary, selection and utilization of counsel is appropriate, and proper negotiation strategy is employed.

Responsibilities
  • Provides guidance, feedback, information to drive results through Third Party Administrators
  • Provide account management and oversight on assigned accounts
  • Assist in claim due diligence as part of the approval process for any new TPA or MGA/TPA partner
  • Lead new TPA program implementation process
  • Work with the data analytics team to evaluate TPA/Program performance and communicate results to internal/external partners
  • Draft, review and/or update service instructions for assigned programs
  • Partner with Internal parties to assist with all necessary regulatory and compliance reporting requirements
  • Ensure TPA compliance with best practices and litigation management guidelines
  • Escalate service issues involving TPA's and MGA's to senior management
  • Recognizing exposures and ensuring reserving is appropriate and timely
  • Evaluating coverage issues and risk transfer opportunities, with preference to candidates with claims-made policy coverage experience
  • Ensuring appropriate investigations of the underlying facts and circumstances is carried out, proper experts are retained and utilized where necessary, selection and utilization of counsel is appropriate, proper negotiation strategy is employed.
  • Effectively communicate exposures both internally and externally
  • Overall responsibility for formulating proper resolution strategy to ensure best total outcome.
  • Perform Claim Audits
  • Position may require periodic travel to attend meditations, trials and / or other related meetings
  • Perform other duties as assigned
Qualifications
  • Minimum of 7-10 years9 experience in the handling or litigating of complex commercial liability claims.
  • Proficient computer skills required to navigate our paperless claim file system.
  • Possesses a high level of technical claim and legal knowledge and skills.
  • Excellent communication skills both written and oral.
  • Ability to interact at a high level with parties both internal and external to AmTrust.
  • Easily adapts to changing situations requirements or priorities.
  • Ability to effectively influence others without damaging relationships.
  • Skillful negotiator.
  • SCLA or CPCU designation/AIC certification preferred.

The expected salary range for this role is $87,600- $120,000/year.

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.

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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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