Description of the job
Company:
MercerDescription:
We are seeking a talented individual to join our Operations and Risk team at Mercer Super. This role can be based in Sydney, Melbourne, Adelaide or Brisbane. This is a hybrid role that has a requirement of working at least three days a week in the office.
Claims Management Leader
Reporting to the Mercer Super Chief Operations Officer (COO), this position is responsible for leading the management and operation of the Mercer Super Claims Delegate team. The Claims Delegates make determinations on death claim distributions and review declined claim decisions from the insurers, to ensure the decisions are fair and reasonable, and challenge those decisions where considered necessary, in line with legislation.
Due to the importance of a robust insurance governance regulatory framework and regulatory and community expectations, the role requires an experienced senior manager to liaise with a number of high level internal and external stakeholders
We will count on you to:
- Ensure adherence with the claims governance regulatory framework across Mercer Super
- Report to the Trustee Office on governance related matters, including oversight of service providers
- Be accountable for liaising with Line 1 and Line 2 Risk & Compliance, internal audit and external auditors on claims matters as they relate to MSAL’s trustee obligations, ensuring that all queries are fully and adequately addressed. This includes monitoring and reporting on agreed controls.
- Analysis and review comprehensive disability claims, including challenges to insurer decisions based on medical and policy interpretation matters where required, and ensuring correct application of ICA remedies by insurers and distribution of death benefits;
- Identify any gaps or inconsistencies in insurer’s decisions and challenge insurer’s decisions where it is considered in the best financial interests of members;
- Provide oversight of claims administration performance and member outcomes as it relates to claims.
- Lead the quarterly reviews of all insurance manager reporting, considering matters such as compliance attestations, due diligence reviews and service level performance against metrics set out in the Insurance Service Agreements (ISA). Escalate any issues of concern to the Trustee Office and other stakeholders as relevant.
- Act as people leader, mentor and/or coach to Claims Officers and Claims Delegates and relevant staff within Mercer Super (as agreed with the COO), monitoring workflow and quality of output, to deliver a high standard of work through on-the-job training and development.
What you need to have:
- Minimum of 10 years’ relevant superannuation industry experience, including at least 5 years relevant experience in a financial services role with a group insurance focus.
- Understanding and experience with claims management from a superannuation trustee perspective.
- Understanding of Retail insurance products within a superannuation environment.
- Excellent working knowledge of a trustee’s role and responsibilities, and the superannuation regulatory framework.
- Excellent understanding of ASIC and community expectations in regard to claims handling
- Detailed knowledge of claims management and assessment and understanding of superannuation and insurance legislation and current issues.
- Highly organised, with the ability to manage a role involved in multiple projects and conflicting deadlines successfully, and with a particular emphasis on being able to apply project management techniques to do so.
- Strong stakeholder management and negotiation skills.
- Strong communication and influencing skills, with an ability to communicate both verbally and in writing, in a clear, effective and
- Ability to build and maintain strong working relationships with external and internal stakeholders.
What makes you stand out:
- Experience working within the Life Insurance industry
Why join our team:
- We help you be your best through professional development opportunities, interesting work and supportive leaders
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being