Attorney in Red Bank, NJ

In-House

Red Bank, NJ

Attorney in Red Bank, NJ

Non-practicing Attorney

Min 10 yrs required

No

Job Title: Senior Manager, Construction Claims

Job Responsibilities:
The Senior Manager, Construction Claims is responsible for managing a team of Executive Claims Examiners who handle high exposure construction claims related to bodily injury, property damage, and construction defects. This role involves reporting to a Director in the Casualty Construction group and conveying the organization’s objectives and priorities to staff while measuring progress towards stated goals. Key responsibilities include:

- Monitoring and directing new loss assignments for construction claims.
- Confirming claims coverage by reviewing policies and supporting documents.
- Reviewing and approving correspondence, including coverage position letters and Large Loss Reports.
- Assessing and approving reserves and settlements beyond the authority of handling specialists.
- Evaluating individual examiner and team performance, providing feedback, and addressing training needs.
- Making reserve change recommendations to the Director or Senior Management.
- Participating in large loss activity reviews and discussions with stakeholders such as Underwriting, Actuarial, and Executive Management.
- Ensuring adherence to Fair Claims Practices regulations and internal performance objectives.
- Preparing and distributing reports by summarizing collected information.
- Assisting in budget preparation, expense evaluation, and resource needs assessment.
- Fostering strong relationships with internal stakeholders (Underwriting, Actuarial).
- Assisting in identifying industry and coverage trends.
- Promoting strong relationships with customers and channel partners.
- Participating in special projects as requested.
- Traveling to other claim offices, mediations, trials, and conferences as required.

Education and Experience Information:
- A Bachelor’s degree or equivalent work experience is required.
- A JD, advanced degree, or focused technical degree is preferred.
- The candidate must have or be eligible to receive a claims adjuster license.
- Insurance certifications or affiliation with an industry group are preferred.
- A minimum of 10 years of claims handling experience or an equivalent combination of education and experience is required.
- Experience managing claims examiners at the Senior Claims Examiner and/or Executive Claims Examiner level is required.

Skill Sets:
- Excellent written and oral communication skills.
- Strong analytical and problem-solving abilities.
- Strong organization and time management skills.
- Ability to deliver outstanding customer service.
- Intermediate proficiency in Microsoft Office products (Excel, Outlook, PowerPoint, Word).
- Ability to work effectively in a team environment.
- A strong desire for continuous improvement.

Salary Information:
The base salary for the position ranges from $110,500 to $184,100, with a 30% bonus potential. The salary offered will be based on compensable factors such as job-relevant education, experience, training, licensure, demonstrated competencies, geographic location, and other factors.

Additional Information:
The company offers hybrid working schedules, allowing employees to work 3 days in the office and 2 days remotely. The company provides competitive benefit programs that include health, dental, and vision insurance plan options, as well as optional life, disability, and AD&D insurance. Employees can also avail themselves of a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays, floating holidays, and parental leave.

US Work Authorization is required for this position, and the company does not provide visa sponsorship now or in the future.

Company Overview:
The company is a Fortune 500 company with over 60 offices in more than 20 countries, operating as a holding company for insurance, reinsurance, specialist advisory, and investment operations worldwide. The company values supporting employees in achieving a balance between their professional and personal lives and offers various benefits and opportunities for growth.

Equal Opportunity Employment:
The company is an equal opportunity employer and does not discriminate based on any protected characteristic. They ensure a safe and supportive work environment for all employees and applicants. Should any accommodation be required during the application process, candidates are encouraged to reach out to the company for assistance.