Senior Vice President, Chief Claim Officer
About the Company
Nationally recognized insurance company
Industry
Insurance
Type
Privately Held
Founded
1946
Employees
501-1000
Categories
About the Role
The Company is seeking a Chief Claim Officer (CCO) to join its executive leadership team. The CCO will be responsible for directing the company's claim management strategy, with a focus on balancing effective claims processing and risk mitigation. This role requires staying abreast of regulatory changes, technological advancements, and market trends that may impact claims operations. The successful candidate will be an enterprise-wide thinker, providing leadership, strategic direction, and financial accountability for the claim function. Essential duties include creating and maintaining a productive work environment, developing and implementing best practices, and ensuring regulatory compliance. The CCO will also be involved in business acquisition and retention, establishing annual claims goals, and managing expenses effectively. Candidates for the CCO position at the company should have a Bachelor's degree and at least 10 years' experience in an executive claims leadership role, with a strong background in the proactive management of property and casualty claims. The role demands a deep understanding of insurance principles, regulations, and industry best practices related to claims management. The ideal candidate will have a hands-on management style, be adept at problem-solving, and possess excellent communication and interpersonal skills. Responsibilities also include collaborating with various functional areas to develop strategies for risk mitigation and advising the Board of Directors, Regulators, and Ratings agencies on claims matters. The CCO will be expected to build and maintain relationships with key stakeholders, both internal and external, and to act as a champion for change within the organization.
Hiring Manager Title
President & Chief Executive Officer
Travel Percent
Less than 10%
Functions
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