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Markel Group

Three-engine financial holding: insurance, investments, ventures

Senior Manager - Claims

Claims AdjudicationConfirmed live in the last 24 hours
Full-timeHamilton, BermudaNo salary listed

About the Job

Requirements

  • A bachelor's degree or equivalent education or work experience.
  • At least 7 years of industry experience.
  • Market-leading specialist knowledge within the relevant product line.
  • Ability to influence key stakeholders, provide strategic direction on claims matters, and effectively manage senior stakeholder relationships.
  • Experience in negotiation and mediation or arbitration.
  • Ability to manage teams of experienced managers and/or associates.
  • At least 2 years of experience leading, developing, or mentoring claims examiners, and/or directing or managing relationships with internal or external counsel and third-party administrators.
  • Strong interpersonal, organizational, and time-management skills.
  • Exceptional customer service skills for internal and external stakeholders.
  • Excellent written and verbal communication skills.
  • Strong analytical and problem-solving abilities.
  • Strong proficiency with personal computer tools, especially Microsoft Office products including Word, Excel, Outlook, PowerPoint, and CoPilot.
  • Baseline familiarity with and willingness to use artificial intelligence, data, and analytics tools.
  • Ability to work in high-volume, fast-paced environments with metric-based performance expectations.
  • Experience working in collaborative, team-oriented settings.
  • Ability to work independently and productively with minimal supervision.
  • Ability to follow procedural guidelines, identify expectations appropriately, and escalate as warranted.

Responsibilities

  • Manage teams of claims examiners with varied experience levels; oversee resolution of claims across low to high complexity; and provide direction, coaching, and training.
  • Convey the organization’s objectives and priorities to staff and measure progress toward stated goals.
  • Lead and direct a team of managers and/or claims examiners at varying levels, including monitoring workload, effectiveness, and quality.
  • Assess and authorize correspondence and reports, including coverage position letters, Large Loss Reports, reserve and settlement requests exceeding examiner authority, and internal claims communications to senior claims management and other stakeholders.
  • Direct and guide claims examiners on resolving high-exposure claims, coverage issues, reserve timing, and assignments of outside counsel and experts within the Senior Manager's authority.
  • Drive recommendations concerning reserve changes to senior claims management and lead discussions of large-loss activity with internal stakeholders, including senior claims leadership, underwriters, and actuaries.
  • Ensure the team adheres to applicable claims-handling standards, processes, protocols, and key performance indicators.
  • Audit claims files, follow up on findings, and institute structural or substantive changes to improve claims handling as warranted by findings.
  • Direct and monitor assignments of new-loss activity.
  • Assess and evaluate individual examiner and team performance, provide feedback, and develop training needs.
  • Lead cross-functional collaboration with other Claims managers and stakeholders to align the team's operations with other teams within the Bermuda and Europe Claims department.
  • Drive the quality, timeliness, and effectiveness of Claims reports to relevant internal stakeholders.
  • Assist with budget preparation, expense evaluation, and assessment of resource needs.
  • Build and strengthen relationships with internal stakeholders, customers, and channel partners.
  • Provide timely communication to underwriters and actuaries regarding claims, litigation developments, coverage trends, and loss mitigation.
  • Support Underwriting by leading Claims engagement in renewal meetings with brokers and clients as required.
  • Serve as a technical resource for internal stakeholders and other claims examiners.
  • Lead and/or participate in special projects and reports as requested.
  • Travel to other Markel offices, mediations, trials, and conferences as required.

Desired Qualifications

  • Successful achievement of insurance industry designations.

About the Company

Markel Group

Three-engine financial holding: insurance, investments, ventures

Markel Group operates as a financial holding company with a three-engine model: specialty insurance, investments, and Markel Ventures (a portfolio of non-insurance businesses). Specialty insurance focuses on hard-to-place or niche risks, underwriting and managing risk through its insurance subsidiaries. Profits from the insurance businesses are reinvested into investments and into acquiring and holding profitable non-insurance companies, creating a diversified, resilient enterprise. The group’s investment engine uses generated earnings to fund external acquisitions and capital growth, while Markel Ventures builds a broad portfolio of long-term holdings in various industries. What sets Markel apart is its deliberate diversification across three connected engines and a long-term, capital-accumulation approach known as the

Company size
51-200
Company stage
IPO
Headquarters
Glen Allen, VA
Founded
1930

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