US Claims Vendor Manager

Hiscox Ltd

$100K — $140K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in US insurance claims, vendor management, or procurement.
  • Strong understanding of the US insurance market and claims lifecycle.
  • Experience with managing TPAs, law firms, and adjusters.
  • Proven ability to analyze claims data to improve performance and cost efficiency.
  • Strong stakeholder management and negotiation skills, capable of engaging with senior stakeholders.

Responsibilities

  • Own strategic sourcing and management of US claims vendors.
  • Develop and execute vendor strategies that align with business goals.
  • Lead due diligence, data security, and contractual governance for vendors.
  • Monitor vendor performance through audits and metrics.
  • Drive continuous improvement for underperforming vendors and risks.
  • Act as a subject-matter expert to claims leadership regarding vendor capabilities.
  • Build strong relationships with stakeholders across various departments.

Benefits

  • Hybrid work model with requirement of two days in the office.
  • 401(k) plan with competitive matching.
  • Comprehensive health, vision, and dental insurance plans.
  • Generous paid time off policy, including 24 PTO days and additional leave options.
  • Paid parental leave and sabbatical after five years of service.
  • Financial assistance for adoption and medical travel.
  • Wellness program with health club reimbursement and Headspace subscription.
  • Recognition for best-in-class health and wellness program.
Full Job Description
Job Type:
Permanent

US Claims Vendor Manager

Employment Type: Permanent

Remote Type: Hybrid

Location: Chicago; West Hartford; New York (Manhattan); Atlanta

Supervisory Organization: Group Claims (London)

Hiring Manager: Group Head of Claims Vendor Management

Join Hiscox's Claims Vendor Management team. A designated Group "Centre of Excellence"-an international team of professionals spanning five countries, empowered to build and run the vendor network that underpins the global claims community at Hiscox.

The Role:

The US Claims Vendor Manager is responsible for the strategic sourcing; oversight, performance management and continuous improvement of external claims vendors supporting the US claims operation. The role ensures vendors deliver high-quality, cost-effective and compliant services aligned to business strategy, regulatory requirements and customer outcomes.

About the Vendor Management Team:

The team reports into the Group Claims Director in London and works in partnership with Claims leaders and operational teams around the world to ensure our vendor partners deliver consistent, high-quality, compliant and cost-effective outcomes for our customers.

Key Responsibilities:

Vendor strategy & governance:
  • Own the end-to-end sourcing and management of assigned US claims vendors (e.g., TPAs, panel law firms, adjusters, other experts).
  • Develop and execute vendor strategies aligned to claims, financial and customer objectives.
  • Lead on due diligence/data security capture and contractual governance, including SLAs, KPIs, fee structures and service standards.
  • Ensure vendors comply with regulatory, legal, data protection and internal Group and US risk standards.


Performance & Cost Management:
  • Monitor vendor performance using MI, audits and outcome metrics (e.g., cycle times, indemnity spend, leakage, customer outcomes).
  • Drive continuous improvement plans to address underperformance or emerging risks.
  • Identify and deliver claims cost savings, efficiency gains and value-add initiatives.
  • Support budgeting, forecasting and expense management related to vendor spend.


Claims & Technical Oversight:
  • Act as a subject-matter partner to US Claims leadership on vendor capability, coverage expertise and market trends.
  • Ensure vendors demonstrate strong technical handling across relevant US product lines (e.g., Financial Lines, Professional Liability, Cyber, Casualty).
  • Support complex claim escalations, remediation activity and root-cause analysis where vendor performance is a factor.


Stakeholder Management:
  • Build strong relationships with internal stakeholders across Claims, Underwriting, Legal, Finance, and Compliance.
  • Act as a key point of contact between the US claims function and external vendors.
  • Contribute to claims transformation, insourcing/outsourcing and operating model change initiatives.


Risk, Control & Compliance:
  • Ensure effective controls around vendor selection, onboarding, oversight and termination.
  • Support internal audits, regulatory reviews and risk assessments relating to claims vendors.
  • Escalate material risks, issues or breaches promptly and appropriately.


Knowledge, Skills & Experience:

Essential:
  • Significant experience within US insurance claims, vendor management, procurement, or related operational roles.
  • Strong understanding of the US insurance market, claims lifecycle and regulatory environment.
  • Experience managing TPAs, panel law firms, adjusters and/or other claims service providers.
  • Proven ability to analyse claims data/MI to drive performance, quality and cost outcomes.
  • Strong stakeholder management, negotiation and influencing skills, including the ability to operate confidently with senior internal and external stakeholders.


Desirable:
  • Claims handling background or deep technical claims expertise in complex product lines.
  • Qualifications: JD - Law Degree and/or CPSM (ISM); B.A Business degree preferable
  • Experience supporting claims transformation, vendor rationalisation, insourcing initiatives and/or operating model change.
  • Familiarity with US litigation practices, defence strategies and fee arrangements.
  • Professional claims qualification and/or relevant legal/insurance certification.


Hiscox Values:

At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.
  • Courage: Do the right thing however hard
  • Quality: World class where it matters
  • Integrity: True to our word
  • Excellence in Execution: Consistent, timely, efficient delivery
  • Human: Firm, fair and inclusive


What Hiscox USA Offers:
  • Competitive salary and bonus (based on personal & company performance)
  • 401(k) with competitive company matching
  • Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
  • Company paid group term life, short- term disability and long-term disability coverage
  • 24 Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days
  • Paid parental leave
  • 4 week paid sabbatical after every 5 years of service
  • Financial Adoption Assistance and Medical Travel Reimbursement Programs
  • Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
  • Company paid subscription to Headspace to support employees' mental health and wellbeing
  • Recipient of 2024 Cigna's Well-Being Award for having a best-in-class health and wellness program
  • Dynamic, creative and values-driven culture
  • Modern and open office spaces, complimentary drinks


**This position is hybrid and requires two (2) days in our office weekly if the candidate is near one of the locations listed**

Salary Range: $100-$140k

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.



#LI-RM1

Work with amazing people and be part of a unique culture

Similar Jobs

More Jobs at Hiscox Ltd

More Finance & Insurance Jobs

Find similar US Claims Vendor Manager jobs: