Workers Compensation and Insurance Manager

Company: Weee! Inc
Location: Fremont
Posted on: February 1, 2025

Job Description:

This role is onsite 5 days a week in Fremont, CAThe Workers Compensation and Insurance Manager is responsible for developing, maintaining, managing and implementing all facets of the company's insurance portfolios; establishing standards and procedures for all matters related to insurance claims; working with insurance provider(s) and adjustors regarding all claims not handled by the company's attorneys; partnering with internal teams to meet organizational goals of employee coverage, safety, security and effectiveness and company needs surrounding its insurance portfolio; and partnering with other members of the Company as it relates to insurance claims. This position reports to the VP of Legal.Duties/Responsibilities:

• Develops a comprehensive process to administer and resolve workers compensation claims from inception to conclusion.
• Manages the workers compensation claims including investigations, settlements, and litigation including coordinating with external legal counsel.
• Assesses possible exposure to the company from workers compensation and establishes reserves, as appropriate.
• Escalates claims to VP of legal as appropriate.
• Collects and analyzes documentation, statistics, reports, and industry benchmarks.
• Reviews and recommends solutions such as safety and security policies, and worker trainings as related to workers' compensation.
• Reviews and analyzes metrics and data in employee claims and activity that could uncover fraudulent behavior.
• Drafts and presents workers compensation reports and proposals to leadership and senior staff.
• Partners with People teams, Safety, and Finance at the corporate level.
• Leads negotiations of Company's insurance portfolios (includes all lines such as workers compensation, auto, cargo, etc.).
• Serves as liaison between Company and outside partners such as carriers, brokers, case managers and other related groups in order to identify quantitative and qualitative insurance solutions for the Company and then make recommendations to senior leadership on available programs.
• Identifies and analyzes critical issues and implements or recommends solutions related to the Company's insurance portfolio.
• Establishes best practices including standard claims services, assigned adjusters, investigators, defense counsel and others by carrier.
• Oversees incident reporting and complex claims investigations, ensuring timely resolution of Carrier covered and/or self-insured claims.
• Ensures proper reporting, data collection and cataloging regarding all incidents that may potentially give rise to a claim.
• Collaborates with internal legal counsel on litigated files, coordinating the discovery process and assists in formulating defense strategies.
• Engages with carriers to ensure alignment with Company guidelines and best practices in claim handling.
• Compiles and presents monthly loss run and litigated file reports and conducts claim review meetings with senior level leadership and respective 3rd parties.
• Provides guidance and recommendations to the C-Suite and other senior leaders on incident handling and risk management.
• Collaborates with internal stakeholders to develop and draft SOPs and ensure proper dissemination and adoption of the same to and amongst the field.
• Identifies, develops, and presents standardized tools and methodologies for effective risk management, including analysis, budgeting, reporting, and documentation to senior leadership.
• Proactively addresses potential risks, develops mitigation strategies, and escalates issues promptly to appropriate senior leadership.
• Collaborates with the Finance department and other teams on claims-related financial analyses, budgeting, and forecasting.
• Performs other duties as assigned.Benefits
  • Comprehensive health insurance package, including medical, dental, and vision. PPO/HMO packages
  • 401k, 4% company match
  • Equity and Bonus
  • Vacation, sick and holiday time off
  • Monthly mobile stipend
  • Monthly Weee! Points creditsCompensation Range
    • The US base salary range for this full-time position is $139,000 - $163,000
    • This role may be eligible for discretionary bonus, incentives, and benefits.
    • Our salary ranges are determined by role, level, and location.Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.Weee! is an equal opportunity employer welcoming all qualified applicants regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. Discrimination or harassment of any kind is not tolerated at Weee!. If you need to inquire about an accommodation or need assistance with completing the application, please email us at .
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Keywords: Weee! Inc, Cupertino , Workers Compensation and Insurance Manager, Human Resources , Fremont, California