Claims Examiner - Workers Compensation
Synectics Inc. · Long Beach, CA · 2 wk ago
HybridFinanceContract
Job Duties
- Analyze complex or technically difficult workers' compensation claims to determine benefits due.
- Work with high exposure claims involving litigation and rehabilitation.
- Ensure ongoing adjudication of claims within service expectations, industry best practices and specific client service requirements.
- Identify subrogation of claims and negotiate settlements.
- Investigate and gather information to determine the exposure on the claim.
- Manage claims through well-developed action plans to an appropriate and timely resolution.
- Negotiate settlement of claims within designated authority.
- Calculate and assign timely and appropriate reserves to claims.
- Manage reserve adequacy throughout the life of the claim.
- Calculate and pay benefits due.
- Approve and make timely claim payments and adjustments.
- Settle claims within designated authority level.
- Prepare necessary state filings within statutory limits.
- Manage the litigation process to ensure timely and cost-effective claims resolution.
- Coordinate vendor referrals for additional investigation and/or litigation management.
- Use appropriate cost containment techniques including strategic vendor partnerships to reduce overall cost of claims for our clients.
- Manage claim recoveries, including but not limited to: subrogation, Second Injury Fund excess recoveries and Social Security and Medicare offsets.
- Report claims to the excess carrier and respond to requests of directions in a professional and timely manner.
- Communicate claim activity and processing with the claimant and the client.
- Maintain professional client relationships.
- Ensure claim files are properly documented and claims coding is correct.
- Refers cases as appropriate to supervisor and management.
- Supports the organization's quality program(s).
- Travels as required.
Qualifications
- Bachelor's degree from an accredited college or university preferred.
- Professional certification as applicable to line of business preferred.
- 5 years of claims management experience or equivalent combination of education and experience required.
- Subject matter expert of appropriate insurance principles and laws for line-of-business handled, recoveries offsets and deductions, claim and disability duration, cost containment principles including medical management practices and Social Security and Medicare application procedures as applicable to line-of-business.
- Excellent oral and written communication, including presentation skills.
- PC literate, including Microsoft Office products.
- Analytical and interpretive skills.
- Strong organizational skills.
- Good interpersonal skills.
- Excellent negotiation skills.
- Ability to work in a team environment.
- Ability to meet or exceed Service Expectations.
- Candidate with prior/current CA Indemnity and Litigated Workers Compensation experience is required.
- Self-Insured Plans certification.
Benefits
- Healthcare Insurance: Synectics offers eligible employees and their dependents healthcare coverage through BlueCross BlueShield of Illinois.
- Dental Insurance: Synectics offers eligible employees and their dependents a dental plan through MetLife.
- Vision Insurance: Synectics offers eligible employees vision insurance through VSP.
- 401(k) Plan: The Synectics Inc. Investment Savings Retirement Plan.
Pay
Compensation is competitive and commensurate with experience.
Schedule
Full-time position with flexible working hours.