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Job · Chicago, IL · Full time

SIU Director

Cna Employees' Health Plan Trust · $85.6M budget · Since 1988

Why Cna Employees' Health Plan Trust

FY2024 · Form 990Its mission and biggest programs, as filed

Offers health, welfare, and unemployment benefits to VEBA members.

  • The primary purpose of this tax exempt irc section 501(c)(9) voluntary Employees' beneficiary association ("veba") is to provide permissible welfare benefits to the veba members. The veba Trust provided benefits for 5,328 active participants and 457 retired or separated participants…$90M spent in FY2024

Before you apply

FY2024 · Form 990Independent: from IRS data, not the org
Budget
$90.0M
spent in FY2024
Fine: from the org's Form 990.
Pt I · Ln 18
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Surplus or deficit
−5%
of revenue, FY2024
Concern: revenue was below expenses in the latest filing.
Pt I · Ln 19
Cash reserves
<1 mo
of spending, in cash and securities
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file
IRS status
501(c)(9)
tax-exempt since 1988
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.

About the role

The org's own posting, as written

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA's Special Investigations Unit (SIU) protects our customers, our business partners and the company by detecting, investigating and resolving insurance fraud. We're looking for an experienced investigations leader to direct our single-claim investigative management team, part of Claims Technical Shared Services.

Reporting to the AVP of Special Investigations, the SIU Director leads a team of investigators and the outside vendors who support them. The Director is accountable for results on suspected single-claim fraud matters. You'll set direction for the team, develop talent, hold vendors to clear performance and quality expectations, and set the best practices behind consistent, defensible investigations. You'll also own key compliance work, including annual fraud plans and SIU guideline updates.

Job description

Essential Duties & Responsibilities Performs a combination of duties in accordance with departmental guidelines: Leads the overall operational activities, budgetary, and financial responsibilities of fraud investigations unit by directing the services provided by both internal resources and external service providers to maximize unit performance. Participates in the development and execution of strategic and operational initiatives based on departmental and corporate goals and objectives.

Ensures vendor services are performed in accordance with corporate policy, contract provisions, fiduciary guidelines, and service agreements by participating in the negotiations, monitoring, and evaluating vendor performance. Makes informed strategic and operational business decisions by identifying and analyzing trends and improvement opportunities through the effective use of resources, tools, and metrics. Responsible for the ongoing management of staff by attracting talent, setting clear direction, providing appropriate guidance, managing performance, recognizing contributions, and developing capabilities.

Maintains transparent communication by appropriately communicating organization information through department meetings, one-on-one meetings, email and regular interpersonal communication; works to build consensus. Ensures quality by establishing and overseeing best practices, and ensuring the development and delivery of training as needed. Maintains and shares industry knowledge by keeping current on law, trends, and issues. Represents the company at industry associations and representing the company at insurance fraud or related industry associations and events. May participate in special projects including investigations or surveillance on high complexity matters.

Reporting Relationship Typically AVP or above Skills, Knowledge and Abilities Ability to…

Read the full posting

About Cna Employees' Health Plan Trust

From its Form 990