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Property Claims Vendor Coordinator (Remote)

Role overview

Summary

This role is for managing vendor relationships and operations within the claims department. You will oversee vendor performance, compliance, and training needs, ensuring that the CA FAIR Plan Association's objectives are met during regular operations and catastrophic events.

Qualifications

  • Bachelor’s degree or equivalent.
  • 5+ years’ experience in property claims, including large loss property claims.
  • 3+ years’ experience collaborating with vendors and reviewing performance/quality of vendor work product.
  • Fair Claims Settlement Practices Regulations & SIU Certification.
  • Preferred: Proficient with Microsoft Office Suite of Products.

Responsibilities

  • Manage vendor service-level agreements and billing guidelines.
  • Oversee daily vendor operations and maintain strategic relationships with vendors.
  • Conduct Quarterly Business Review meetings with vendors and bi-weekly checkpoint meetings with Field IA vendors.
  • Collaborate with the Training Department to identify training needs for Independent Adjusters.

Key facts

Hard skills

Other skills

  • Quality Assurance
  • Communication
  • Writing
  • Presentations
  • Collaboration

About the company

California FAIR Plan Association logo

California FAIR Plan Association

  • Insurance
  • SME
  • 51–200
The California FAIR Plan is a private association comprised of all insurers authorized to write property insurance in California. The FAIR Plan was established in July 1968 following the 1960s brush fires and riots as the state’s insurer of last resort, created to ensure access to basic property insurance for California homeowners who have been unable to obtain homeowners insurance from the voluntary market for reasons outside of their control. The FAIR Plan will write fire insurance coverage for these homeowners, regardless of a property’s wildfire risk. The FAIR Plan is committed to strengthening consumer choices in the voluntary insurance market, while ensuring that all homeowners, including those who live in areas threatened by wildfires, can obtain basic property coverage and the peace of mind they deserve.

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Job description

POSITION SUMMARY

The Claims Vendor Coordinator manages vendor service-level agreements, billing guidelines, and vendor onboarding/offboarding. This role handles vendor assessment, recommendations and the vendor contract process; oversees daily vendor operations; identifies training needs; and collaborates with the Claims Vendor Supervisor.

PRINCIPAL DUTIES & RESPONSIBILITIES

  • Perform vendor onboarding process from evaluation, through contract execution and final activation.
  • Develop and maintain standard metrics for vendor performance, invoice review, and fee schedule contracts.
  • Oversee the day-to-day operations of all vendors supporting the claims department.
  • Proactively request, maintain, and document compliance certificates for Independent Adjusters.
  • Monitor catastrophe and storm surge activity to ensure adequate independent adjuster coverage and collaborate with other departments when a State of Emergency (SOE) is declared.
  • Maintain strategic relationships with vendors to service immediate and emerging needs.
  • Partner with Claims Quality Assurance to review regular audits of vendors – identify trends and areas for improvement.
  • Conduct Quarterly Business Review meetings with vendors and bi-weekly checkpoint meetings with Field IA vendors.
  • Collaborate with the Training Department to identify and recommend appropriate training sessions for Independent Adjusters.
  • Adhere to Federal and State laws and regulations.
  • Any other duties needed to help fulfill the CA FAIR Plan Association’s Mission, abide by the CA FAIR Plan Association’s Values, and achieve the CA FAIR Plan Association’s Strategic Objectives.
  • Must be available to work outside regular business hours and oversee projects during catastrophic events or States of Emergency.

KNOWLEDGE & SKILLS REQUIREMENTS

  • Bachelor’s degree or equivalent
  • 5+ years’ experience in property claims, including experience in large loss property claims.
  • Ability to review contracts and execute the contract negotiation process.
  • 3+ years’ experience collaborating with vendors and reviewing performance/quality of vendor work product.
  • Exceptional analysis, writing and presenting skills.
  • Fair Claims Settlement Practices Regulations & SIU Certification.
  • Demonstrated communication skills, both verbal and writing skills.
  • Proficient with Microsoft Office Suite of Products.

Compensation: $80,000-$90,000

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