Manager, Risk Management & Claims

Loews Hotels•New York, NY

About The Position

As a vital member of our Risk Management team, the Manager, Risk Management & Claims reports directly to the Vice President, Risk Management, overseeing and navigating the complexities of claims management while ensuring compliance and asset protection for Loews Hotels & Co. With a knack for strategic collaboration, you’ll serve as a key liaison between our hotels and various stakeholders, including carriers, attorneys, brokers, and loss control contacts. You'll also conduct internal audits, collaborate on loss prevention strategies, provide consultation to our Orlando Risk Management Claims team, deliver regular claim status reports, organize casualty claim reviews, oversee investigations, evaluate settlements, and assist with managing litigation.

Requirements

High School Diploma or equivalent required; four-year college degree or equivalent preferred.
5-7 years prior claims experience in General Liability and Workers' Compensation, with particular emphasis on CA, NY, and TX, jurisdictions required.
Prior knowledge of insurance policies and coverage types.
Familiarity with legal processes related to claims management and familiarity for insurance placement.
Strong analytical skills with the ability to analyze data and trends effectively.
Proficiency in Microsoft products including but not limited to Word, Excel, PowerPoint and PowerBI, and claims management software such as RMIS Database.
Excellent communication skills (verbal and written) in interactions with team members at all levels, including control or business process owners and senior management.
Strong interpersonal skills with the ability to effectively develop and maintain positive working relationships cross-functionally with all levels of team members (e.g., Finance, HR, Operations, Compliance, Legal, etc.) and external parties (e.g., insurance providers).
Flexibility to work independently and in a team-oriented environment depending on assignment needs.
Willingness and ability to travel up to 5-10% of the time.

Responsibilities

Serve as Hotels point of contact and liaise with carrier, attorneys (in-house and external), broker and loss control contacts across all lines of insurance (property and casualty claims, cyber, EPLI, etc.).
Analyze data and trending related to claims loss history and provide strategy and recommendations to the appropriate parties.
Organize and facilitate casualty claim reviews between the carrier, broker and property.
Review and analyze complex coverage issues and preparation of coverage positions.
Oversee sound investigations, subrogation possibilities, legal reviews and claim resolutions to ensure they are completed and in accordance with company policies and procedures.
Evaluate reserve and settlement possibilities and provide recommendations to the property and VP of Risk Management.
Serve as liaison for litigation management related to subrogation of general liability, property and automobile losses.
Conduct periodic internal audits to assure compliance with policies and adequacy of reserve estimates as well as oversee external broker audits.
Assist in development of methodologies to monitor effectiveness of loss control efforts.
Collaborate with Hotels, Home Office Director of Security and VP, Engineering on Loss Prevention analysis and solutions.
Participate in onsite hotel Risk Assessments and provide analysis and recommendations to key stakeholders at each property.
Provide consultation to the Orlando Risk Management Claims team on claim matters.
Provide claim status and issue monthly, quarterly (including VPO reports) and ad hoc loss reports.
Receive, review and verify all incoming incident reports as well as conduct quarterly meetings with corporate security to ensure compliance.
Attend mediations and trials as applicable.
Maintain regular attendance in conformance with standards.
May be required to work varying schedules as needed to support business operations.
Attend/complete all required meetings and training.
Other duties as assigned.