Property & Casualty Insurance Manager | Glendale, CA

Detailed Information

  • Location: Glendale, CA

  • Company: Public Storage

in the self-storage industry, and given our number of tenants, we may very well be the world's largest landlord. We've experienced unprecedented growth over the past four decades, and it's in no small part due to the dedicated team that has helped us become an S&P 500 industry leader, the country's largest real estate investment trust (REIT), and the most recognizable name in self-storage.

We currently have an exciting opportunity for a Property & Casualty Insurance Manager to be based out of our corporate office in Glendale, CA reporting to the Senior Vice President of Risk Management. The Property & Casualty Insurance Manager manages the insurance claims process for corporate-wide property,

casualty, and automobile liability and other related insurance plans. The selected candidate will foster and maintain relationships with third party administrators (TPA); develop, train and monitor internal claims handling policies and procedures; develop monthly reports to management; review contracts and certificates of insurance for compliance; and manage staff of up to two employees.

-KEY RESPONSIBILITIES Administer and supervise the claims functions of the risk management program for the Company including corporate-wide property, casualty, automobile liability and other corporate risks, to ensure effective and timely claims processing. Report applicable claims to TPA and work closely

with TPA until resolution. Review appropriateness of reserve levels.

Follow up for information required from field to adjust claim. Track property and liability losses against TPA loss runs, provide monthly reports and updates on open claims. Develop guidelines and procedures for incident reporting and claims handling. Approve payments and denials to claimants. Monitor service provided by TPA. Oversee annual issuance of certificates of insurance by broker. Review lease and loan documents for insurance requirements and order necessary Certificates of Insurance. Review vendor certificates of insurance for compliance with Master Service Agreements. Coordinate and participate in bi-annual Claims Review Meetings.

Work with Legal Department on litigated claims and provide with appropriate documentation as required. Review Legal Litigation Payment Logs and Invoices Monthly and provide to TPA for Logging. Coordinate with Facilities and Manage process for Vendor related tenant claims. Supervise Subrogation Claims Adjuster - review and analyze claims with adjuster, maintain Subrogation logs and prepare reports for management. Support to DMs, RMs, RVPs and field personnel with training and support of claims handling process and procedure. Prepare and analyze reports on monthly and quarterly basis.

Evaluate trends to support loss prevention. Attend monthly P&L Meeting. Review TPA and other vendor billings for accuracy. Compensationn Base Pay Range: $105,000 - $120,000n Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Base pay is one part of our total awards approach to compensation which is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses or incentives.

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