Full-Time

Senior Director

Casualty Complex Claims

Posted on 11/15/2024

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Financial Services

Senior

No H1B Sponsorship

Summit, NJ, USA + 10 more

More locations: Shrewsbury, NJ, USA | Plano, TX, USA | Richmond, VA, USA | Norridge, IL, USA | Alpharetta, GA, USA | Henderson, NV, USA | Omaha, NE, USA | Scottsdale, AZ, USA | New York, NY, USA | Denver, CO, USA

Hybrid working schedule of 3 days in the office and 2 days remote.

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • Bachelor’s degree
  • JD , preferred
  • Must have or be eligible to receive claims adjuster license.
  • Successful achievement of industry designations (INS, IEA, AIC, ARM, SCLA, CPCU) or I-Lead or other Management Training
  • Prior people management or comparable work experience
  • Excellent written and oral communication skills
  • Strong analytical and problem solving skills
  • Strong organization and time management skills
  • Ability to deliver outstanding customer service
  • Intermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word)
  • Ability to work in a team environment
  • Strong desire for continuous improvement
Responsibilities
  • Develop and execute strategies focused on improving claim quality and delivering superior customer service.
  • Recognize significant potential exposure on claims and prepare appropriate alerts to Executive Management and internal business partners.
  • Analyze and provide appropriate direction on coverage, strategic direction and resolution of complex high exposure claims.
  • Foster and encourage strong relationships with internal stakeholders (UW, PL, Actuarial).
  • Review and approve reserves and settlements in excess of manager’s or director’s authority.
  • Prepare and distribute reports by collecting and summarizing information.
  • Participate in senior claims leadership strategy meetings and provide recommendations for improvement.
  • Ensure that team adheres to Fair Claims Practices regulations and internal Claims Quality Performance Objectives.
  • Promote and enhance strong relationships with customers and channel partners.
  • Make recommendations concerning reserve changes to senior management.
  • Assist in preparation of budgets, evaluation of expenses and assess resource needs.
  • Assess and evaluate individual manager, examiner and team performance, provide feedback and develop training needs.
  • Participate in special projects as requested.
  • Travel other claim offices and conferences as required.

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles such as yachts and ATVs. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and continuous improvement, encouraging employees to innovate and find better solutions. The company's goal is to lead in their industry by understanding customer needs and providing high-quality products and services while fostering a supportive work environment.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Markel's expansion into Plano, Texas, supports its growth and operational capabilities.
  • The rise of parametric insurance products aligns with Markel's niche market focus.
  • Increased demand for cyber insurance presents opportunities for Markel's specialized products.

What critics are saying

  • Increased competition in specialty insurance could impact Markel's market share and profitability.
  • Geopolitical tensions in Asia Pacific may affect Markel's expansion and efficiency.
  • Climate change-related claims could lead to higher loss ratios for Markel.

What makes Markel unique

  • Markel specializes in niche markets like agricultural, equine, and event cancellation insurance.
  • The company offers unique coverage for hard-to-place risks, such as oil rigs and yachts.
  • Markel's global presence and key hires enhance its operations in the Asia Pacific region.

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