US Claims Vendor Manager

Hiscox Ltd

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

Qualifications

  • 5-7 years in US insurance claims or vendor management roles
  • Strong grasp of the US insurance market and regulatory demands
  • Proven track record managing TPAs, law firms, and claims service providers
  • Ability to analyze data for claims performance and cost efficiencies
  • Exceptional stakeholder management and negotiation skills

Responsibilities

  • Oversee all aspects of vendor management for US claims
  • Develop and implement vendor strategies to meet business goals
  • Conduct due diligence and ensure compliance with SLAs and KPIs
  • Monitor vendor performance and drive continuous improvement initiatives
  • Act as a partner to leadership on vendor capabilities and market trends
  • Foster relationships with internal stakeholders and external vendors
  • Ensure effective controls over vendor selection and management processes

Benefits

  • Comprehensive health, dental, and vision insurance
  • Generous 401(k) matching program
  • 24 Paid time off days plus additional designated days
  • Paid parental leave and sabbatical after 5 years
  • Annual health and fitness reimbursement up to $600
  • Access to mental health resources including Headspace subscription
  • Recognition as a recipient of Cigna's Well-Being Award
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

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.

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.



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