Demo

Claims/Loan Servicing Supervisor

General Electric Credit Union
Union, KY Full Time
POSTED ON 1/26/2025
AVAILABLE BEFORE 4/18/2025

Claims / Loan Servicing Supervisor

General Electric Credit Union is a not-for-profit, member-owned full service financial institution headquartered in Cincinnati with branches in Ohio and Kentucky. At GECU, we pride ourselves on maintaining quality service, being an employee-friendly workplace, and developing our team members while teaching you the skills to lead you to career advancement opportunities.

Overview :

This position serves as the primary point of contact between the company and our members, and provides guidance and support to ensure timely, accurate, and efficient claim processing. The successful candidate leads the team in resolving claims, establishing and enforcing policies and procedures, and ensuring compliance with all applicable laws and regulations. Responsibilities include training, coaching, addressing member complaints and third-party complaints. Assist with hiring and writing personal appraisals. Working with the Loan Servicing Manger to hold the Claims team, to the industry standards and, produce monthly reporting on claim statuses

Essential Responsibilities :

  • Oversee and track outstanding loss claims, proactively addressing any issues to maintain operational efficiency and client satisfaction
  • Provide periodic reports to senior management
  • Lead training sessions to update the claims team on any changes to policies or procedures, ensuring that all staff are informed and compliant.
  • Hire, train, write team member reviews and have difficult team member conversations
  • Ensure compliance with internal strategies, policies, procedures and knowledge and identify skill or procedural gaps detrimental to the Credit Union operation
  • Identifies training needs and content to address skill gaps
  • Conducts regular reviews of pending and closed files to determine whether claims are processed appropriately
  • Work with the Loan Servicing / Collection teams on member claims
  • Work with the Loan Servicing Manager to develop and implement programs that ensure highest level of quality as the department scales to meet the growing claims activity
  • Auditing the claim loss process
  • Partner with and assist other departments within the credit union

Education and Experience :

  • Bachelor's degree in a related field
  • 6 years of experience in claims management preferred
  • Knowledge, Skills, and Abilities :

  • Must be member service oriented, highly organized and efficient
  • Ability to write policy and procedures
  • Proficient in Microsoft Office Suite
  • Demonstrable knowledge of claims handling and procedures
  • Proven ability to effectively manage claims prioritize a high volume of complex matters simultaneously
  • Strong interpersonal skills and the ability to effectively communicate orally and in writing to management, team members and others outside the organization
  • Requires strong understanding of risk mitigation and claims management strategies, including regulatory and jurisdictional requirements
  • Strong familiarity with carrier claims systems and with generating reports
  • Knowledge of insurance regulations and industry best practices
  • Excellent written and verbal communication skills
  • At GECU, we want to support your wellbeing by offering a wide range of benefits :

  • Health, Dental and Vision insurance
  • Life and Disability insurance options
  • Paid Time Off starts accruing once hired and take your birthday off - paid
  • 401k Retirement plan with up to a 10% match of your base gross compensation
  • Tuition reimbursement opportunities & professional development
  • Volunteer opportunities -and earn additional PTO hours!
  • On-site clinics for Vaccines and Mammograms
  • And many more!

    Come join GECU as we are a curated culture of respect, understanding, and mutual recognition. We believe forming bonds and connecting with each other only stands to strengthen the service we provide to our members in our mission of improving the Quality of Financial lives!

    General Electric Credit Union is an Equal Opportunity Employer

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