Commercial Claims Technical Director
Summit Consulting - Los Angeles
Work at Summit Consulting
Overview
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Overview
Manages a book of claims for a significant size or complex product(s). Investigates and maintains claims:
Reviews and evaluates coverage and/or liability.Secures necessary information (i.e., reports, policies, appraisals, releases, statements, records, or other documents) in the investigation of claims.
Works toward the resolution of claims files, and attends arbitrations, mediations, depositions, or trials as necessary.May affect settlements/reserves within prescribed limits and submit recommendations to supervisor on cases exceeding personal authority.Conveys highly complex information (coverage, decisions, outcomes, negotiations, etc.) to all appropriate parties maintaining professional demeanor in all situations.Ensures that claims payments are issued in a timely and accurate manner.Ensures compliance of claims handling pursuant to all state, legal, statutory, and regulatory bodies to comply with all company procedures and requirements.Serves as the technical expert on a product(s).Evaluates and makes recommendations to executive management on internal and external issues of strategic importance to a product(s).Accountable for achieving performance targets/business results.Provides technical advice, assistance, and training to lower level positions, management and other functional areas.Interacts with underwriting and marketing regarding claims trend issues.May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.Performs other duties as assigned.Job Requirements
Education:
Bachelor’s Degree or equivalent experience.Field of Study:
Liberal Arts, Business or a related discipline.Experience:
Generally, 10 to 12 years of related experience.Company:
GAIC Great American Insurance CompanySalary Range:
$105,800.00 - $141,500.00Benefits:
Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.About Us
Great American Insurance Group understands the importance of choosing a financially strong company. We are an organization built for the long term and are committed to giving you that strength.For nearly 150 years, Americans have trusted us to protect them. Our innovative insurance solutions and specialization serves niche marketplaces that we know well. This expertise gives us a successful foundation that spans generations.You never know where a career in insurance will take you. Whether you are starting your career or are looking for a company to grow your experience, at Great American Insurance Group, you can join our more than 8,100 employees to “Be Here. Be GREAT!”
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