Claims Manager I
Job description
Claims Manager I at Bamboohr.
About the role
The Claims Manager I position at Bamboohr is a vital role within our organization, focusing on managing and overseeing the claims process for various construction projects. This position is designed for individuals who possess strong analytical skills and a keen attention to detail. As a Claims Manager, you will work closely with project managers, legal teams, and clients to ensure that all claims are handled efficiently and effectively, minimizing risk and maximizing recovery for the company.
Key facts
What you'll do
- Oversee the entire claims process, from initial assessment to resolution, ensuring compliance with company policies and industry regulations.
- Collaborate with project managers to gather necessary documentation and evidence to support claims, including contracts, change orders, and correspondence.
- Analyze claims data to identify trends and potential risks, providing insights to senior management for strategic decision-making.
- Prepare detailed reports and presentations on claims status and outcomes for internal stakeholders and external clients.
- Negotiate settlements with clients and subcontractors, aiming for fair and equitable resolutions that protect the company's interests.
- Maintain comprehensive records of all claims activities, ensuring that documentation is accurate and up-to-date.
- Serve as a liaison between the company and insurance providers, facilitating communication and ensuring timely responses to claims inquiries.
- Conduct training sessions for project teams on best practices for claims management and risk mitigation strategies.
- Stay informed about industry developments, legal changes, and best practices in claims management to enhance the company's processes.
- Assist in the development of policies and procedures related to claims management, ensuring alignment with organizational goals.
- Participate in post-project reviews to evaluate claims performance and identify areas for improvement.
- Support the finance team in budgeting and forecasting related to claims expenditures and recoveries.
Requirements
- Bachelor's degree in construction management, business administration, or a related field.
- A minimum of 3 years of experience in claims management, preferably within the construction industry.
- Strong understanding of construction contracts, claims processes, and risk management principles.
- Excellent analytical and problem-solving skills, with the ability to interpret complex data and make informed decisions.
- Exceptional communication skills, both written and verbal, with the ability to negotiate effectively.
- Proficiency in project management software and Microsoft Office Suite, particularly Excel for data analysis.
- Ability to work independently and collaboratively in a fast-paced environment, managing multiple priorities simultaneously.
Nice to have
- Certification in claims management or risk management (e.g., CCM, ARM) is a plus.
- Experience with construction litigation or dispute resolution processes.
- Familiarity with construction project management software (e.g., Procore, Primavera).
- Knowledge of local, state, and federal regulations affecting construction claims.
- Previous experience in a leadership or supervisory role is advantageous.
Skills & tools
- Strong analytical and critical thinking skills
- Excellent negotiation and conflict resolution abilities
- Proficient in Microsoft Office Suite (Excel, Word, PowerPoint)
- Familiarity with project management software and claims management systems
- Effective communication skills, both written and verbal
Practical notes
- This position is based in Des Moines, Iowa, and may require occasional travel to project sites.
- The work environment is primarily office-based, with opportunities for remote work as needed.
- The salary for this role is competitive and will be determined based on the candidate's experience and qualifications.
- Bamboohr values diversity and inclusion and encourages applicants from all backgrounds to apply.
If you are a proactive and detail-oriented professional looking to advance your career in claims management within the construction industry, we invite you to apply for the Claims Manager I position at Bamboohr. Join our team and contribute to our commitment to excellence and innovation in construction.