BCS Financial Corporation

Director, P&C Claims

OAKBROOK TERRACE, ILPosted 30+ days ago

Job summary

  • Job post source

    This job is directly from BCS Financial Corporation

  • Job overview

    The Director, P&C Claims at BCS Financial Corporation leads strategic management of the Property & Casualty claims portfolio, impacting profitability and product evolution in professional, cyber, and travel insurance lines.

  • Responsibilities and impact

    The role involves overseeing claims portfolio profitability, managing internal and external stakeholder relationships, analyzing claims data for trends, ensuring regulatory compliance, and collaborating cross-functionally to enhance claims strategy and product competitiveness.

  • Compensation and benefits

    The position offers a hybrid work model, generous PTO starting at 22 days, 12 paid holidays, comprehensive health/dental/vision insurance, HSA/FSA options, 401(k) with up to 6% match, parental leave, home office and wellness reimbursements, tuition reimbursement, continuing education, and mentorship programs.

  • Experience and skills

    Candidates must have a bachelor's degree or equivalent experience, with 10+ years in claims handling and management; preferred qualifications include an MBA or JD, CPCU, AIC, or CFE certifications, and experience in professional liability and cyber lines, plus strong analytical, leadership, and communication skills.

  • Career development

    The company supports professional growth through tuition reimbursement, continuing education, and a mentorship program to foster career advancement.

  • Work environment and culture

    BCS Financial promotes an innovative, award-winning culture emphasizing collaboration, employee value, and community impact with a flexible hybrid work environment.

  • Company information

    BCS Financial Corporation has over 75 years of history, serves over 17 million lives, is owned by all 34 Blue Cross Blue Shield licensees, and is recognized for innovation and service excellence in insurance.

  • Team overview

    The Director reports to the Head of Property and Casualty and works closely with Claims, Underwriting, Product Development, Legal, Actuarial teams, and external partners like TPAs and reinsurers in a collaborative environment.

  • Job location and travel

    The role is hybrid, requiring 2-3 days per week in the office with flexible local work arrangements and less than 20% travel.

  • Unique job features

    The position stands out for its strategic influence on claims management across multiple insurance lines, involvement in cross-functional projects, and leadership in a recognized innovative company with strong benefits and growth opportunities.

Company overview

BCS Financial Corporation is a specialized insurance and financial services company that focuses on providing innovative risk management solutions for healthcare organizations and related industries. Established in 1948, it operates as a subsidiary of Blue Cross Blue Shield Association, leveraging its deep industry expertise to offer products like stop-loss insurance, cyber liability coverage, and other tailored financial solutions. The company generates revenue by underwriting insurance policies, managing risk portfolios, and delivering strategic financial products to its clients. Its long-standing affiliation with Blue Cross Blue Shield and its commitment to innovation in healthcare risk management are key aspects of its history and operations.

How to land this job

  • Position your resume to highlight your extensive leadership in Property & Casualty claims management, emphasizing experience with Professional Liability, Cyber Liability, and Travel insurance portfolios at a strategic level.

  • Focus on showcasing your skills in data-driven decision-making, cross-functional collaboration, and stakeholder relationship management, aligning closely with BCS Financial's emphasis on innovation and operational excellence.

  • Apply through multiple channels including BCS Financial Corporation's official careers page, LinkedIn, and other reputable job boards to maximize your application visibility and reach.

  • Connect with professionals in BCS Financial's Property & Casualty division on LinkedIn; start conversations by referencing recent company awards like the 2024 Most Innovative Company of the Year or asking about how the team integrates data analytics into claims strategy.

  • Ensure your resume is optimized for ATS by incorporating keywords from the job description such as 'claims portfolio management,' 'Professional Liability,' 'Cyber Liability,' 'data analysis,' 'regulatory compliance,' and 'cross-functional collaboration' to pass initial screenings.

  • Leverage Jennie Johnson's Power Apply feature to automate tailored applications, identify multiple application portals, and discover LinkedIn connections to network with, saving time and increasing your chances of landing the role at BCS Financial Corporation.

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