Commercial Property Team Lead

About Reserv

Reserv is an insurtech creating and incubating cutting-edge AI and automation technology to bring efficiency and simplicity to claims. Founded by insurtech veterans with deep experience in SaaS and digital claims, Reserv is venture-backed by Bain Capital and Altai Ventures and began operations in May 2022. We are focused on automating highly manual tasks to tackle long-standing problems in claims and set a new standard for TPAs, insurance technology providers, and adjusters alike. We have ambitious (but attainable!) goals and need people who can work in an evolving environment. If building a leading TPA and the prospect of tackling the long-standing challenges of the claims role sounds exciting, we can't wait to meet you.

Location Requirement

Candidates must reside in an eligible U.S. state throughout employment. We are unable to hire candidates residing in California, Alaska, Hawaii, U.S. territories, or outside the United States.

About the role

As a Property Claims Team Lead at Reserv, you will be a working leader providing support to a Claims Manager with leadership and claim technical responsibilities. Leadership responsibilities will include overseeing work done within the Property Claims adjusting staff. We want your background and experience to deliver operational effectiveness, particularly in leveraging technology and analytics to drive better efficiencies and performance. You will serve a critical role with the team, the customers, and the client. This role will balance management responsibilities and individual contributor responsibilities when volume dictates the need for assistance with a claim.

What you'll do

• Lead and manage multiple desk Claim Adjusters in a fully remote environment, overseeing a wide range of severity and frequency across diverse accounts.

• Be consistently dependable in achieving or exceeding goals and overcoming obstacles.

• Maintain best practices for handling, including: evaluation and settlement.

• Monitor and analyze claims data to identify trends, patterns, and areas for process improvement.

• Align team with client and customer expectations of the loss and what to expect throughout the process.

• Serve as a resource for escalations.

• Responsible for accuracy and adequacy of all financials.

• Enforce strategies to mitigate fraud and ensure compliance with legal and regulatory requirements.

• Foster a positive work environment, promote teamwork, and encourage professional growth and development.

• Execute on performance management; attract, hire, retain and provide high level of training.

• Collaborate with internal teams, such as Account Management, Compliance, and Claim Operations, to resolve complex or escalated loss-related issues.

• Establish and maintain strong relationships with external stakeholders, including policyholders, agents, brokers, and legal representatives.

• Responsible for initial onboarding tasks / access and new hire cultural immersion

• Identify topics and trends to discuss in team Huddles and Elevated Claims Experience Workshops lead/co-lead by Team Leads, Managers, and other Reserv employees

• Customer Obsession Champions- Active advocates who help leadership cultivate a customer-centric mindset

Qualifications

• Bachelor's degree in insurance, business administration, or a related field; relevant certifications (e.g., CPCU, AIC) are a plus.

• 5+ years in insurance claims experience in the Property Claims lines of business, preference for commercial and Lloyd’s of London Markets experience

• 3+ years of leadership experience with a preference for experience managing in a remote environment.

• Active adjuster license: resident-state license where available, otherwise a Designated Home State (DHS) license. Willing to obtain any additional required licenses within 60 days, including state testing.

• Comfortable with technology and the ability to evolve the claims systems and processes to drive better efficiencies and outcomes

• Demonstrated commitment to quality, accuracy, and attention to detail

• Integrity, ethics, and a strong sense of accountability in handling confidential and sensitive information

Benefits

• Generous health-insurance package with nationwide coverage, vision, & dental

• 401(k) retirement plan with employer matching

• Competitive PTO policy – we want our employees fresh, healthy, happy, and energized!

• Generous family leave policy after 8 months of continuous work

• Work from anywhere to facilitate your work life balance

• Apple laptop, large second monitor, and other quality-of-life equipment you may want. Technology is something that should make your life easier, not harder!

At Reserv, we value diversity in backgrounds, perspectives, and life experiences and believe that diversity in viewpoints and critical thinking drives innovation, first-principles thinking, and success. We welcome applicants from all backgrounds and encourage those from all walks of life to apply. If you believe you are a good fit for this role, we would love to hear from you!

Originally posted on Himalayas