Workers' Compensation Claim Team Leader

Team Leader Claims - CH08AEWe’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. The Workers' Compensation department is currently hiring for a Team Leader. The Team Leader will manage and direct claim investigation, compensability determination, disposition, and settlement, in compliance with corporate claim settlement policies and procedures. They will seek to effectively manage allocated loss costs relative to budget guidelines and fully comply with statutory, regulatory and ethics requirements. The Team Leader will communicate and promote a thorough understanding of the organization’s vision, strategies, and business goals. Through effective training, coaching, and staff development, they will enable optimal job performance and help employees achieve their individual and professional goals.Responsibilities:Manage claim professionals with corresponding claim inventoriesUtilize various financial reporting tools to monitor and address reserve accuracy and trendingManage and implement change including explaining drivers for business goalsStay current on issues impacting personal and/or commercial business including industry and marketplace trends, strategic direction of the organizationUse critical thinking skills to gather information, apply sound reasoning, draw appropriate conclusions and make sound decisions based on a mixture of analysis, experience and judgmentManage claim assignment process by identifying claim complexity and ensuring proper assigning to the appropriate claim handlerOversee the completion and execution of the investigation, disposition, and settlement of claims, in compliance with corporate claim standards and procedures, and statutory, regulatory and ethics requirementsAccurately and timely assess the indemnity and expense exposure of assigned claims and manage the accurate and timely setting of reservesUse organizational and communication skills to effectively manage the resolution of assigned claims, manage claim deadlines, and use resources appropriatelyUse claim functional knowledge to appropriately interpret and apply insurance coverageMaintain current knowledge of claim loss cost containment initiatives, and use them appropriately and consistently with company practices and procedures to manage assigned claimsIdentify and initiate mitigation, subrogation and other recovery opportunities on assigned claimsProperly apply statutory laws and regulations of applicable jurisdictionEffectively train, coach and develop staff to enable them to perform their jobs and achieve individual and professional goalsEmbrace leadership role among claim Team Leaders and handlers and offer advanced expertise to help teammatesExperience in leading and managing all levels of staff relative to experience, tenure and professional developmentQualifications: Bachelor’s Degree preferredMinimum 3 years of Workers Compensation Claims experience strongly preferredStrong leadership skills in terms of teaching, guiding, coaching and developing staffStrong communication skills, both verbal and written regardless of audience demographicKnowledge of medical terms is strongly preferredPossess analytical and critical thinking skillsDemonstrated track record of consistent and timely follow through for customer needsStrong understanding of reserve accuracy relative to claim exposures both property damage and bodily injuryExtensive knowledge of customer service drivers and the ability to resolve customer issues, needs and concerns independentlyStrong understanding of financial and operational reports for analysis and action planningAdditional Information:This role can have a Hybrid or Remote work schedule. Candidates who live near one of our office locations (Hartford, CT, San Antonio, TX, Las Vegas, NV, Lake Mary, FL, Phoenix, AZ, or Naperville, IL) will have the expectation of working in an office 3 days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work schedule, with the expectation of coming into an office as business needs arise.CompensationThe listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:$86,400 - $129,600Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/AgeAbout Us|Our Culture|What It’s Like to Work Here|Perks & BenefitsSummaryLocation: United States - Remote; Hartford, CT; San Antonio, TX; Naperville, IL- W. Diehl Road; Scottsdale, AZ; Las Vegas, NV; Lake Mary, FLType: Full time