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Claims Risk Manager Jobs in Indiana (NOW HIRING)

The Annuity Claims Manager is responsible for leading and managing the daily operations of the ... Implement controls to minimize operational risk and improve audit readiness * Partner with ...

The Annuity Claims Manager is responsible for leading and managing the daily operations of the ... Implement controls to minimize operational risk and improve audit readiness * Partner with ...

Senior Counsel

Indianapolis, IN · On-site

$133K - $181K/yr

The Senior Counsel - Risk Management & Litigation will be responsible for managing litigation, insurance claims, risk management, and related legal matters affecting the Company's ownership ...

This encompasses working with underwriters, financial institutions and risk management on claims, tracking loss trends, and escalations. 24/7 on call response leader. This role will create best ...

... approach to risk management, employee benefits, and total rewards. ESSENTIAL FUNCTIONS ... Act as an advocate for the best and most expedient resolution of claims. + Analyze policy language ...

... approach to risk management, employee benefits, and total rewards. ESSENTIAL FUNCTIONS ... Act as an advocate for the best and most expedient resolution of claims. + Analyze policy language ...

... risk management, life and health, employee benefits, investment and wealth management productsand ... The Claims Department's mandate is to deliver claims consulting services to clients, and advocate ...

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Claims Risk Manager information

How does a Claims Risk Manager typically collaborate with other departments to minimize organizational risk?

A Claims Risk Manager works closely with departments such as underwriting, legal, compliance, and operations to identify potential risk exposures and implement effective mitigation strategies. They often participate in cross-functional meetings to review claims trends, share insights, and develop risk management policies. This collaborative approach ensures that the organization proactively addresses risks, maintains regulatory compliance, and continually improves claims processes for better outcomes.

What is the difference between Claims Risk Manager vs Claims Adjuster?

AspectClaims Risk ManagerClaims Adjuster
CredentialsTypically requires a bachelor’s degree in risk management, insurance, or related field; certifications like CPCU or ARM are commonRequires a high school diploma or bachelor’s degree; insurance licenses may be needed depending on state
Work EnvironmentOffice-based, strategic planning, risk assessment, policy developmentField or office-based, investigating claims, assessing damages, negotiating settlements
Industry UsageUsed across insurance companies, risk management firms, and large corporationsPrimarily in insurance companies, adjusting claims for auto, property, or health insurance

The Claims Risk Manager focuses on identifying and mitigating risks related to claims, developing policies, and overseeing risk strategies. In contrast, a Claims Adjuster handles the day-to-day investigation and settlement of individual claims. Both roles are essential in the insurance industry but differ in scope and responsibilities.

What are the key skills and qualifications needed to thrive as a Claims Risk Manager, and why are they important?

To thrive as a Claims Risk Manager, you need expertise in insurance claims processes, risk assessment, and regulatory compliance, typically backed by a bachelor’s degree in a relevant field and experience in claims management. Familiarity with claims management systems, risk modeling software, and certifications such as CPCU (Chartered Property Casualty Underwriter) or ARM (Associate in Risk Management) are often required. Strong analytical thinking, attention to detail, and effective communication skills help you investigate claims and collaborate with stakeholders. These skills enable accurate risk evaluation, minimize losses, and ensure the organization’s compliance and financial stability.

What does a Claims Risk Manager do?

A Claims Risk Manager is responsible for identifying, assessing, and managing risks associated with insurance claims within an organization. They analyze claims data to detect patterns, prevent fraudulent activity, and develop strategies to minimize financial losses. Additionally, they work closely with claims adjusters, legal teams, and other departments to ensure compliance with regulations and to optimize claims processes. Their goal is to protect the company from unnecessary losses while ensuring legitimate claims are handled efficiently.
What are popular job titles related to Claims Risk Manager jobs in Indiana? For Claims Risk Manager jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Claims Risk Manager jobs in Indiana look for? The top searched job categories for Claims Risk Manager jobs in Indiana are:
What cities in Indiana are hiring for Claims Risk Manager jobs? Cities in Indiana with the most Claims Risk Manager job openings:
Annuity Claims Manager

Annuity Claims Manager

Group1001

Zionsville, IN • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 26 days ago


Group1001 rating

9.5

Company rating: 9.5 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

9th of 281 rated insurance


Job description

Group 1001is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001's culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets - our employees.

Why This Role Matters:

The Annuity Claims Manager is responsible for leading and managing the daily operations of the annuity claims teams to ensure timely, accurate and compliant processing of death and maturity claims. This role provides strategic oversight, promotes continuous improvement and ensures an exceptional claimant experience. The manager serves as a subject matter expert, collaborates cross-functionally and drives operational efficiency while maintaining regulatory and internal control standards.

This is a hybrid position that requires two days a week at our Zionsville corporate office.

How You'll Contribute:

  • Manage and coach a team of annuity claims processors and reviewers
  • Set performance goals, conduct regular feedback sessions and complete performance reviews
  • Foster a culture of accountability, empathy and operational excellence
  • Oversee staffing levels and allocate resources to meet service level expectations
  • Ensure timely and accurate processing of all annuity death, maturity and structured settlement claims
  • Monitor and optimize turnaround times, claim accuracy and productivity metrics
  • Ensure compliance with state regulations, IRS guidelines and company policies
  • Review complex or escalated claims and support resolution of claim disputes
  • Identify process inefficiencies and lead improvement initiatives
  • Implement controls to minimize operational risk and improve audit readiness
  • Partner with technology and transformation teams to automate manual processes
  • Serve as a liaison with legal, compliance, product, IT and customer service teams
  • Report on operational metrics, risk issues and team performance
  • Support strategic projects including product launches, system upgrades or regulatory changes
  • Ensure team is adequately trained and maintains up to date knowledge of annuity products and regulatory requirements
  • Promote professional development and succession planning

What We're Looking For:

  • 5+ years of annuity claims experience is preferred
  • 2+ years in a leadership or supervisory role
  • Proven ability to communicate effectively
  • Strong knowledge of annuity contracts, death claims processing and regulatory compliance
  • Strong problem-solving skills and experience working in a fast-paced environment
  • Demonstrated ability to provide expert advise and guidance on complex claims issues
  • Strong communication, collaboration and organizational skills

Benefits Highlights:

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001's benefits package. Employees (and their families) are eligible to participate in the Company's comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company's Employee Assistance Program and wellness programs-no enrollment is required. Employees may also participate in the Company's 401K plan, with matching contributions by the Company.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

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