Global Casualty Claims Specialist
$60k - $80kUnder Armour
Global Casualty Claims Specialist
Values & Innovation At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate. Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do. Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better.
Purpose of Role Responsible for the program management of Under Armour's global casualty claims activity in addition to driving key loss control initiatives throughout the business.
Your Impact
- Oversee daily management of initiatives relative to the evaluation, processing, and handling of casualty claims for the company.
- Consult with Carrier/TPA to establish timely reserves and/or provide reserve recommendations within established reserve authority levels. Identify, initiate, and manage subrogation opportunities.
- Negotiate settlements in accordance with corporate standards and state laws in partnership with carrier and TPA as applicable.
- Monitor claims and ensure proper execution of key risk indicators for proper claim escalation.
- Determine necessity and selection of outside vendors (i.e. surveillance, case management, etc.) when needed for certain cases.
- Manage all RMIS system documentation, incident reporting and analytics.
- Initiate partnerships with internal managers and claimants to identify light duty return to work opportunities where applicable.
- Collaborate with Carrier/TPA and supervisor on complex claims management.
- Negotiate coverage positions, research case law, determine applicable statutes in complex claim scenarios.
- Oversee the response to all subpoena requests for workers' compensation claim records, participate in hearings and mediations as needed.
- Prepare claim review reports detailing claim status, payments, and reserves.
- Monitor the accuracy of the monthly funding request from the TPA for payment of indemnity, medical and other expense costs involving claims. Update internal reporting accordingly.
- Monitor trends in drivers of loss and develop reporting capabilities on the same.
- Partner with supervisor and business units to present and drive loss control initiatives aimed to mitigate loss trend data.
- Lead regular claim reviews with carrier, broker, and internal management.
- Oversee the management of monopolistic worker's compensation programs.
- Oversee annual mailing of updated worker's compensation statutory postings and job guides.
- Perform other special projects and assignments as requested.
Qualifications
- Bachelor's degree required
- AIC or similar designation preferred
- Ability to manage internal and external relationships while demonstrating problem solving and decision-making skills through a variety of challenging situations.
- Excellent analytical abilities to review, exercise judgment, provide strategic solutions and evaluate claims to make sound decisions.
- Extensive knowledge of claim procedures, policies, technology, state and federal laws and insurance regulations.
- Handles a multitude of tasks simultaneously while maintaining focus and effectiveness, maintaining a high productivity level to maximize the productivity of the department leadership
- Working knowledge of insurance products, policy language and market.
- Familiarity with state-specific workers' compensation laws and OSHA regulations
- MS Office (Word, Excel, Outlook, etc) required, Expert user of Excel & Powerpoint.
- Ability to multi-task in a fast-paced environment
- Excellent oral and written communication skills
- Ability to identify and resolve business problems within a team setting
- Acute attention to detail and ability to manage multiple challenging projects simultaneously.
- Time management skills, organizational skills and ability to prioritize issues and tasks.
- Must have initiative, be able to work independently and exercise good judgment with limited supervision.
- Commitment to continuous improvement, company mission and values, training and continued education in the field of risk management and law.
- Ability to work cross functionally across the business to collect, clean and synchronize data
- Proven ability to meet deadlines and achieve objectives
- Customer service mindset
Workplace Location
Location: This individual must reside within commuting distance from our Baltimore, MD office. Work Schedule: This role follows a hybrid work schedule, requiring 4 days in-office per week.
Base Compensation $60,000.00 - $80,000.00 USD Most new hires fall within this range and have the opportunity to earn more over time. Initial placement within the salary range, however, is based on an individual's relevant knowledge, skills and experience for the position. UA is committed to helping our teammates succeed and advance in their careers. Base salary is only one component of our competitive Total Rewards package.
Benefits & Perks
- Paid "UA Give Back" Volunteer Days: Work alongside your team to support initiatives in your local community
- Under Armour Merchandise Discounts
- Competitive 401(k) plan matching
- Maternity and Parental Leave for eligible and FMLA-eligible teammates
- Health & fitness benefits, discounts and resources- We offer teammates across the country programs to promote physical activity and overall well-being
Our Commitment to Equal Opportunity
At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion or belief, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, family or paternal status and any other characteristic protected by applicable law. Under Armour seeks to recruit, develop and retain the most talented people representing a wide variety of backgrounds and perspectives. If a reasonable accommodation is needed to participate in the job application or interview process, please contact our Human Resources team via View email address on click.appcast.io.
Requisition ID: 166119 Location: Baltimore, MD, US, 21230 Business Unit: Corporate Region: North America Employee Class: Full Time Employment Type: Salaried
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