Mercury Insurance

Supervisor Property Mid Loss

Mercury Insurance$94K — $179K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree desired
  • 5+ years of property claims industry experience preferred
  • Experience leading a team preferred
  • Advanced proficiency in Microsoft Office Suite
  • In-depth technical knowledge of insurance policies and property claims operations

Responsibilities

  • Supervise claims adjusters in handling property claims
  • Assist in developing objectives and procedures for the branch
  • Implement claims objectives and manage expenses
  • Maintain performance records and report on operations
  • Ensure exceptional customer service in Property Claims
  • Review vendor utilization for investigations
  • Represent the company in various relationships
  • Conduct quality reviews of team member interactions

Benefits

  • Competitive compensation
  • Flexibility to work from anywhere in the U.S.
  • Paid time off including holidays and volunteer hours
  • Incentive bonus programs
  • Comprehensive medical, dental, and vision coverage
  • 401(k) with company match
  • Opportunities for promotion
  • Education assistance and training
  • Professional development opportunities
  • Wellbeing resources including mental health support
Full Job Description
Overview

Position Summary:

As a Mid-Loss supervisor your role is to provide inspired leadership, technical and administrative oversight for a team of claims adjusters/examiners responsible for the adjudication and settlement of moderate to complex first party property claims through efficient and compassionate service. Your responsibilities will include coaching and mentoring team members to achieve company goals and to ensure all activity and file handling is consistent with company policies, procedures, and statutory guidelines. The role supports continuous development of team members in pursuing their career goals. The Supervisor manages staffing levels and workloads while monitoring attendance, personnel issues, performance evaluations, interviewing and completing the disciplinary action process.

Geo-Salary Information

An in-person interview may be required during the hiring process

State specific pay scales for this role are as follows:

$94,458 to $179,048 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$85,871 to $162,771 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$77,283 to $146,494 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

In CA: Typical hiring range is $123,077.70 to $150,428.30

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Responsibilities

Essential Job Functions:
  • Supervise the professional staff in the handling of property claims within specified unit by assigning new and transferred losses to staff, reviewing initial investigations, evaluations, demands, authority for settlement, reserve recommendations, etc., providing guidance and recommending action plans.
  • Assists in the development of basic objectives, procedures, and operations of the branch; analyzes operating results relative to established guidelines and takes appropriate action to improve performance and productivity.
  • Assists in the direction of the claims branch to minimize indemnity and expense impact, to ensure appropriate reserve levels, and to implement claims objectives, policies, and procedures.
  • Maintains performance records and prepares reports for management regarding unit operations, production, and expenses, as necessary.
  • Ensure excellent customer service is provided by Property Claims professionals and directly address escalated customer service issues.
  • May review and approve utilization of vendors for investigative purposes to ensure proper expense controls exist.
  • Represents the Company and branch in relationships with consumers, government agencies, independent vendors, and agents.
  • Screens files for possible coverage issues, fraudulent or inflated claims or questionable activity and transfers files to appropriate department for further investigation as needed.
  • Reviews team member work quality and service interactions with customers by conducting ride-alongs, sit-alongs and file reviews
  • Other functions may be assigned


Qualifications

EDUCATION:
• Bachelor's Degree desired
• Ability to obtain state specific property claims licensing, where required.

EXPERIENCE:

Minimum:
• A minimum of 5 years related property claims industry experience preferred
• Or equivalent combination of education and/or experience may be considered
• Have prior experience working or leading a group of team members preferred

SKILLS AND ABILITIES:

Minimum:

As a Property Claims Mid-Loss Supervisor, you will:
• Need advanced proficiency and experience using Microsoft Office (Teams, Excel, Access, PowerPoint and Word)
• Need ability to accurately interpret estimates completed on commonly used industry software
• Have proficiency and experience using virtual inspection and meetings tools
• Obtain and utilize in-depth technical knowledge of established Company policies, procedures, products and services, as well as Property Claims operations and the insurance contract; and the ability to apply such knowledge in an administrative/supervisory capacity.
• Make accurate assessments of damage and reparability, utilizing their strong technical and analytical abilities.
• Evaluate appropriateness of actions taken by claims personnel to settle claims and maintain objectivity and consistency in evaluating claim files.
• Exercise independent judgment with respect to staff and claims issues which may have a very significant impact on the Company in areas such as costs, consumer loyalty, team member relations and legal complications.
• Possess excellent written and verbal communication skills and the ability to correspond effectively and professionally with staff, agents, insureds, attorneys, etc. Interacts cordially with other team members to accomplish common tasks.
• Knowledge of industry changes, legal updates and technical developments related to 1st party property claims.
• Effectively conduct training and serve as a facilitator for staff, as needed.
• Motivate, monitor and develop others in a career development and training capacity to maintain a knowledgeable and highly-qualified staff of Property Claims Professionals.
• Work independently in the planning and development of departmental goals and objectives under the direction of management.
• Utilize critical attention to detail, good organizational skills, self-initiative to prioritize daily needs of the property departments.
• Create a climate where people are motivated to do their best to help the organization achieve its objectives.
• Hold self and others high levels of accountability to meet commitments.
• Paint a compelling picture of the vision and strategy that motivates others to action.
• Create a culture of continuous learning and development, providing opportunities for your direct reports to reach their full potential.
• Utilize resilience and creativity to anticipate changing market conditions, handle day-to-day issues, and lead special projects when needed.
• Make timely and thoughtful decisions imperfect information, to continuously move the organization forward.

Perks and Benefits

We offer many great benefits, including:
  • Competitive compensation
  • Flexibility to work from anywhere in the United States for most positions
  • Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
  • Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
  • Medical, dental, vision, life, and pet insurance
  • 401 (k) retirement savings plan with company match
  • Engaging work environment
  • Promotional opportunities
  • Education assistance
  • Professional and personal development opportunities
  • Company recognition program
  • Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more

Pay Range

USD $94,458.00 - USD $179,048.00 /Yr.

About Mercury Insurance

Mercury Insurance Group is a multiple-line insurance organization offering personal automobile, homeowners, renters and business insurance. Founded in 1961 and headquartered in Los Angeles, Mercury has assets in excess of $4 billion, employs 4,500 people and has more than 8,000 independent agents in 11 states. Mercury has been named one of America's Most Trustworthy Companies by Forbes magazine, and has been recognized as one of the Best Places to Work in Los Angeles for eight years running. The company has also been named one of America's Best Midsize Employers by Forbes.
Learn more about Mercury Insurance
Size
4,300 employees
Market Cap
$1.8 billion
Industry
Net Income
$374.6 million
Founded
1962
5 Year Trend
+4.3%
Revenue
$3.7 billion
NASDAQ

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