Program Claim Specialist (Hybrid: Madison, WI)

Trustage-; Madison (WI); On-site; USD 93,000 - 140,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off

Tuition Reimbursement

Flexible Work Arrangements

Job summary

TruStage seeks a claims leader to oversee Third Party Administrators and manage complex professional and general liability litigated claims. You will serve as primary contact for program claims, provide guidance on claim handling, and collaborate with underwriters, actuaries, product and finance to align strategies.

The role requires 7+ years P&C claims experience, an adjuster license, and travel about 10%.

Qualifications

• Bachelor’s degree in a related field is preferred.
• 7+ years of P&C Insurance claims experience.
• Strong communication and analytical skills.
• Ability to travel ~10%.

Responsibilities

• Oversee assigned Program Third Party Administrators (TPA’s) and handle new and existing litigation claims.
• Provide claim file direction and assist with complex claim issue resolution.
• Coordinate operations to ensure consistent results and customer service.
• Develop protocols for claim handling authority and training as required.
• Collaborate with business partners for onboarding Programs and TPAs.
• Monitor and document claim processes and drive improvements.

Education

Bachelor’s Degree in Business Administration, Insurance, Finance, Economics, or related field

Job description

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.Join a team that has received numerous awards for being a top place to work: TruStage awards and recognitionJob Purpose:This position is responsible for oversight of assigned Program Third Party Administrators (TPA’s) and handling new and existing litigation claims. Ensure timely and effective application of policies and processes. Accountable for team goals related to customer service and compliance with best practices. Provide claim file direction and assistance with complex claim issue resolution. Maintain effective communication with internal and external business partners. Participate in quality assurance reviews and work on special projects to best meet the needs of the department. Contribute to the development of functional/team strategy. The position will also handle complex professional and general liability litigated claims.Job Responsibilities:Serve as the primary point of contact and relationship manager for program claims.Proactive litigation management on assigned claims including investigating, evaluating, and negotiating to resolution.Coordinate operational and leadership responsibilities to ensure consistent claim results, quality, and customer service.Develop protocols to aid in the establishment and maintenance of claim strategies and appropriate claim handling authority providing education and training as required.Collaborate with business partners vetting and onboarding new Programs and TPA’s.Monitor and improve the communication of essential claim information to ensure that monthly data collection and information sharing practices support TruStage Corporate standards.Work in close collaboration with cross-functional teams including Underwriting, Actuarial, Product, Finance, and Treasury to analyze and structure existing and new Program Business.Conduct in-person or remote claim file reviews and audits on multiple TPA claim systems.Travel as required to participate with Program Managers, Brokers, Reinsurance Intermediaries, Claim TPA’s, and other clients, including traveling to Industry association meetings and conferences.Identifies emerging claim trends as warranted.Monitor and document claim processes/guidelines for effectiveness and efficiency, identifying and implementing process improvements.Participate in Claim organization strategy initiatives and projects in collaboration with the Claim Operations team.Collaborate with Claim Operations leaders regarding the selection and ongoing management of TPA’s and other outside vendors.The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.Job Requirements:Bachelor’s Degree in Business Administration, Insurance, Finance, Economics, or related field of study is strongly preferred.7+ years of P&C Insurance claims experience.Adjuster license and continuing education as needed.Proven ability to clearly and effectively communicate information to internal/external clients remotely or in person.Strong critical thinking and analytical skills.Demonstrated experience in progressively senior claim roles with strong technical skills.Experience in a range of Property and Casualty lines of business and products including Property, General Liability, Automobile Liability and Physical Damage Liability, and Professional Liability.Strong interpersonal and consultative skills.Creativity, flexibility, emotional intelligence, adaptability, and problem-solving skills.Ability to manage and develop existing and new industry relationships with Program Managers, Brokers, and Reinsurance partners.CPCU, AIC, ASLI, or other industry designations or certifications are highly desirable.Ability to travel ~10%.If you’re ready to help make a difference, apply today. A resume is required to apply. TruStage may process applicant information using an Artificial Intelligence (AI) tool. This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. TruStage recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward. Candidates may choose to opt out of this process.Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.Base Salary Range:$93,100.00 - $139,700.00At TruStage, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan. Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees. We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when “life happens,” you can focus on what’s most important.Accommodation requestTruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.