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Claims Manager, Risk Management
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What they do
A Risk Manager evaluates risk and recommends and manages strategies to mitigate or offset risks that could result in financial losses for a company or organization. Analyzes current risks and assesses potential new risks. Reviews contracts and insurance policies; prepares risk budgets. Communicates risk policies and procedures to staff at all levels of a company.
$111,000 / year median in Illinois
Job Description
Preferred Location:
Chicago Alternate Locations:
Atlanta, Philadelphia, Houston or Dallas The Claims Manager, Risk Management will be responsible for:- Active oversight of claims currently managed by a Third Party Administrator as well as direct handling of an active inventory of primary and excess claims related to policies written out of the Risk Management Profit Center in various jurisdictions
- Performing prompt coverage analysis and determination, investigation into liability and defenses, and timely reserve evaluations
- Perform audits through claim systems and on-site visits
- Required to attend mediations, settlement conferences, etc. to negotiate cost-effective settlements and attend trials on an "as needed" basis
- Provide timely and meaningful information to underwriters, actuaries and reinsurers to update them regarding losses which could impact Starr's policies