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BJ's Wholesale Club

Membership-based wholesale club retailing diverse goods

Claims Manager

Claims AdjudicationConfirmed live in the last 24 hours
Full-timeMarlborough, MA, USA$103k - $131.5k

About the Job

Requirements

  • At least 10 years of combined experience managing a corporate risk department and/or working for a large insurance carrier, including retail claims experience.
  • A strong foundation in claims adjustment, third-party administrator management, litigation management, risk control, and legal issues.
  • Knowledge of risk management information systems, database analytics, claims trends, methods for allocating risk management costs, and setting reserves for self-insured claims.
  • Proficiency in Microsoft Windows Office 365, including Excel and PowerPoint.
  • In-depth knowledge of the role’s discipline and basic knowledge of related disciplines.
  • Ability to solve complex problems and take a new perspective on existing solutions.
  • Oral and written communication skills.
  • Customer service and interpersonal skills.
  • Time management skills.

Responsibilities

  • Lead the General Liability claim function and manage General Liability programs.
  • Provide strategic guidance and oversee the third-party claims administrator and the in-house team responsible for claims administration, litigation management, and financial analysis.
  • Analyze detailed loss information to identify trends proactively and optimize claim management.
  • Participate in presenting significant claims and developments for General Liability programs to executive leadership twice annually.
  • Review third-party administrators’ performance, including file reviews, best-practice audits, service providers, and claims action plans.
  • Serve as the company’s primary claims liaison to its captive insurer and captive manager, supporting reporting, funding, and settlement of claims retained within the captive program as it is established and operationalized.
  • Oversee captive-retained claims, ensuring the third-party administrator correctly applies deductibles, retentions, and limits and that case reserves and loss data are accurate for captive reserving, funding, and Board reporting, in coordination with the captive manager and actuary.
  • Partner with the captive manager, actuaries, and auditors to set and monitor loss reserves for retained programs and support presentation of captive claims results to the captive Board and executive leadership.
  • Train and collaborate cross-functionally with internal stakeholders to achieve risk management objectives and reduce claim severity and costs.

Desired Qualifications

  • Retail industry experience in a large, multistate company is strongly preferred.
  • Proficiency in LPMS, Via One, or Riskonnect is preferred.
  • Working knowledge of captive insurance structures, fronting and reinsurance arrangements, collateral and escrow funding, and captive claims reporting is a plus.
  • Excellent communication, strategic thinking, organizational skills, and cross-functional collaboration are desired.

About the Company

BJ's Wholesale Club

Membership-based wholesale club retailing diverse goods

BJ's Wholesale Club operates a membership-based warehouse club that sells a wide range of products, including groceries and electronics, to individuals and small businesses. Members pay fees to access lower prices, and products are sold both in-store and online, with private-label brands Wellsley Farms and Berkley Jensen available. The company differentiates itself through its membership model, its private-label brands, bulk-format shopping, and a mix of physical and online shopping with additional services. Its goal is to help members save money and shop conveniently through bulk purchases and member discounts, supported by membership dues, product sales, and services.

Company size
10,001+
Company stage
IPO
Headquarters
Westborough, MA
Founded
1984

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