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Group Manager, Residential Complex Claims

AT TD Bank
TD Bank

Group Manager, Residential Complex Claims

Markham, Canada

Work Location:
Markham, Ontario, Canada

Hours:
35

Line of Business:
TD Insurance

Pay Details:
$88,500 - $132,700 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

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Job Description:

TD Insurance is part of TD Bank Group (TD) and we're driven to provide legendary experiences and trusted advice to our customers. We help protect clients from the 'accidents of life' with a wide range of products including credit protection, life, health, travel, home and auto insurance. With more than three million clients, TD Insurance products and services are available through a network of more than 1,000 TD branches and online.

In Canada we have two lines of business: General Insurance and Life and Health. Our General Insurance business is one of the top home and auto insurance groups in Canada and the national leader in group insurance and affinity marketing. Our Life and Health business is the number-one provider of critical illness insurance and direct life and health insurance in Canada.

At TD Insurance, we're committed to fostering an inclusive, accessible environment for our colleagues. With a national workforce of over 4,000 employees that span Atlantic Canada, Quebec, Ontario and Alberta, our company is always growing and we're dedicated to helping you grow. TD Insurance offers a stable and dynamic work environment where talent is appreciated and professional development is important to help our colleagues unlock their full potential. More than just a job, we offer rewarding careers.

KEY ACCOUNTABILITIES

CUSTOMER

  • Communicate productivity objectives to analysts and contribute to the achievement of business objectives by meeting or exceeding individual and team goals
  • Meet or exceed the needs of the customer by managing client calls and resolves complaints balancing the needs of the client and those of the organization
  • Participate in the identification of clients' complaints root causes and implement corrective actions
  • Ensure accurate and timely reserving of claims
  • Approve payments and verify analysts' files

SHAREHOLDER

  • Support the development and implementation of claims strategies to achieve business objectives and goals
  • Work closely with key business leaders to develop business plan, ensuring the optimal use of resources and leverage TD's operating model to maximize efficiency, effectiveness and scale
  • Execute on the annual business plan to deliver results aligned with business strategies
  • Monitors and communicates the effectiveness of strategies, programs, and practices related to own area of expertise
  • Participate in networking activities and maintain liaison with industry and local insurance market for being aware of and bringing industry's leading trends into the Company
  • Contribute to the business objective for Operational Excellence by adhering to mandatory compliance and audit requirements
  • Understand and ensure business operation policies and procedures and legislation
  • Be knowledgeable of and ensure compliance with company and industry codes of conduct
  • Ensure necessary due diligence to support the accuracy of all insurance claims and adherence to the Residential policy contract
  • Implement best practices from other teams and operations
  • Coordinate activities with partners across the organization, may include Technical, HR, Technology, Finance, Risk Management, etc.
  • Lead or contribute to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situations
  • Limit exposure to reputational risk through effective oversight of litigation files

EMPLOYEE / TEAM

  • Responsible for management of the overall team providing both leadership and guidance
  • Set targets and objectives for the team, and deliver results
  • Grow team expertise to align with business/enterprise demand and direction; assess team skills and capabilities and continually look for ways to provide and enhance the value delivered
  • Lead a high performing team; provide on-going feedback and performance reviews, coach and develop employees and ensure performance management activities are undertaken and completed for all employees
  • Lead the process of setting performance objectives for the team; track, monitor and effectively address and/or reward performance in a timely manner
  • Manage employees in compliance with all human resources policies, procedures and guidelines of conduct
  • Share knowledge, information, skills, and subject matter expertise among the team and ensure the timely communication of issues and encourage good working relationships with other functions and teams
  • Support an environment where team freely escalates business challenges; facilitate change through positive reinforcement of milestones and successes
  • Recruit for all hires to ensure a highly diverse, qualified workforce to achieve business objectives
  • Establish and foster a cohesive team; promote a fair and equitable environment that supports a diverse workforce and encourage the team to achieve common goals and objectives
  • Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
  • Provide input on claims files brought for coverage interpretation from all teams within Residential claims

BREADTH & DEPTH

  • Lead a team of claims professionals with intermediate to high claims authority handling moderate to complex claims in their area of focus
  • Require solid process management knowledge and the risk profile for team processes supported
  • Solid knowledge of the business and operational Functions supported
  • Work focus time horizon is generally long term greater than 1 year
  • May act as highest point of team escalation for resolution and provide direction to resolve issues or escalate
  • Decision making authority and ambiguity of issues managed is generally limited to complex issues or exceptions
  • Effectively handle day-to-day issues, determining the most appropriate course of action for resolution
  • Industry accreditation and training generally required
  • Typically reports into Senior Manager, Claims/ AVP
  • Solid understanding of building construction and industry trends

EXPERIENCE & EDUCATION

  • Undergraduate degree
  • 7+ years Residential Claims or relevant experience

Who We Are:

As part of TD Bank Group, one of Canada's largest financial institutions, at TD Insurance, we care for Canadian families, making it easy to get the best advice, protection, and support in their moments of need, always.

TD Insurance offers a wide range of products, including General Insurance and Life and Health. More than four million customers count on us.

As the largest direct to consumer insurer in Canada, we are always innovating and providing exciting and rewarding career opportunities for our Canada-wide workforce.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):
Sans Objet

Client-provided location(s): Markham, ON, Canada
Job ID: TD_bank-R_1385513
Employment Type: Full Time