Claim Lead
4 days ago
Job Description
- Develop and implement a strategic vision for the life insurance claims department in alignment with the company's overall goals
- Oversee the entire life insurance claims process, from the initial claim notification to final settlement.
- Ensure compliance with regulatory requirements, company policies, and industry standards.
- Implement and update claims processing procedures to improve efficiency and accuracy.
- Establish and monitor key performance indicators (KPIs) to measure the effectiveness and quality of the claims process.
- Conduct regular audits to ensure compliance with internal policies and regulatory standards.
- Work closely with the customer service team to address customer inquiries and complaints handling concerns related to life insurance claims.
- Implement initiatives to enhance the overall customer experience during the claims process.
- Collaborate with other departments such as underwriting, legal, finance and other related units to ensure a seamless claims process.
Requirements
- Bachelor's degree in medical, nursing, public health, life insurance, or a related field. Advanced degree or insurance industry certifications are a plus.
- Proven experience in a leadership role within a life insurance claims department.
- In-depth knowledge of life insurance products, regulations, and claims processing procedures.
- Strong analytical, organizational, and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Familiarity with industry-specific software and technology.
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