Claims Representative III
Key Risk (a Berkley Company) · High Point, NC · 1 mo ago
Finance$70k–$90k/yrFull-time
Responsibilities
- Analyze and manage complex workers’ compensation claims, including reviewing, investigating, and making decisions regarding coverage, compensability, and appropriateness of claims.
- Process and document claims to ensure compliance with company standards, industry best practices, and legislative provisions.
- Act in a fiduciary role on behalf of policyholders.
- Negotiate claim settlements.
- Conduct handling of claims in the utmost of good faith in compliance with rules, regulations, and state statutes.
- Analyze and process workers’ compensation claims by investigating and gathering information to determine the exposure on the claim.
- Negotiate settlement of claims up to designated authority level and make claims payments.
- Calculate and assign timely and appropriate reserves to claims and continue to manage reserve adequacy throughout the life of the claim.
- Calculate and pay benefits due; approve all claim payments; and settle claims within designated authority level.
- Develop and manage claims through well-developed action plans; continue to work the action plan to bring the