EQC expects to be managing 1000 claims by the top of the 12 months, down from 2700 at the moment.
About 30 jobs could also be axed on the Earthquake Fee, which has been consulting employees on a restructure.
Deputy chief govt Renee Walker stated that, if confirmed, many of the cuts could be at its workplaces in Wellington and Hamilton.
Consultations on the job cuts closed on Thursday and EQC would think about the suggestions over the following week earlier than confirming any adjustments on the finish of subsequent week, she stated.
EQC at present employs about 500 employees, however job numbers might fall additional in future if claims continued to trace down, she stated.
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Walker stated the present restructure had been led to partly by a brand new strategy to dealing with claims.
“There can be minimal change to customer-facing roles. It’s actually about flattening the management construction and establishing a ‘claims centre of excellence’ in Christchurch,” she stated.
Final 12 months, the EQC adopted a case administration strategy that was designed to supply one level of contact for residence homeowners.
“In the mean time we’ve claims employees in Hamilton, Wellington and Christchurch, however in all probability 90 per cent of the claims we’ve remaining are Canterbury earthquake claims and up to date expertise reveals us that for these tougher claims you really want to have the power to have face-to-face conversations.”
Remaining claims from the Canterbury earthquake are sometimes complicated and require face-to-face contact, the Earthquake Fee says.
The dealing with of claims could be additional “streamlined” with fewer handovers between employees, she stated.
There had been few occasions that had generated new claims over the previous 12 months, she stated.
“Now we have the capability to handle 5000 ‘enterprise as ordinary’ claims outdoors of Canterbury however in the intervening time we solely have 150, so we do have extra useful resource.”
The whole variety of claims in entrance of EQC had fallen from greater than 5000 a 12 months in the past, to 2700 now, she stated.
“We’re shaping the organisation to answer the variety of claims we’ve available.”
When there was one other main catastrophe, EQC might scale as much as deal with 45,000 claims inside three days utilizing outdoors contractors.
But when claims continued to fall, so too would employees numbers, she stated.
Walker anticipated EQC could be managing 2500 claims by the top of the month and that ought to fall to 1000 by the top of the 12 months.
Public Service Affiliation spokeswoman Bronte Ammundsen stated it didn’t have a collective settlement with EQC so hadn’t been concerned within the session course of.
“Employees are nervous in fact and the PSA is hopeful no employees can be left within the lurch. The PSA is offered to supply our assist to any members concerned,” she stated.