Sr. Claims Specialist, Medical Malpractice | Professional Liability | California

Sr. Claims Specialist, Medical Malpractice | Professional Liability | CaliforniaBy joining Sedgwick, you'll be part of something truly meaningful. It's what our 33,000 colleagues do every day for people around the world who are facing the unexpected. We invite you to grow your career with us, experience our caring culture, and enjoy work-life balance. Here, there's no limit to what you can achieve.Newsweek Recognizes Sedgwick as America's Greatest Workplaces National Top CompaniesCertified as a Great Place to WorkFortune Best Workplaces in Financial Services & InsurancePrimary PurposeTo analyze complex or technically difficult medical malpractice claims; to provide resolution of highly complex nature and/or severe injury claims; to coordinate case management within company standards, industry best practices and specific client service requirements; and to manage the total claim costs while providing high levels of customer service.Essential Functions and ResponsibilitiesAnalyzes and processes complex or technically difficult medical malpractice claims by investigating and gathering information to determine the exposure on the claim; manages claims through well-developed action plans to an appropriate and timely resolutionConducts or assigns full investigation and provides report of investigation pertaining to new events, claims and legal actions.Negotiates claim settlement up to designated authority level.Calculates and assigns timely and appropriate reserves to claims; monitors reserve adequacy throughout claim life.Recommends settlement strategies; brings structured settlement proposals as necessary to maximize settlement.Coordinates legal defense by assigning attorney, coordinating support for investigation, and reviewing attorney invoices; monitors counsel for compliance with client guidelines.Uses appropriate cost containment techniques including strategic vendor partnerships to reduce overall claim cost for our clients.Identifies and investigates for possible fraud, subrogation, contribution, recovery, and case management opportunities to reduce total claim cost.Represents company in depositions, mediations, and trial monitoring as needed.Communicates claim activity and processing with the client; maintains professional client relationships.Ensures claim files are properly documented and claims coding is correct.Refers cases as appropriate to supervisor and management.Delegates work and mentors assigned staff.QualificationEducation & LicensingBachelor's degree from an accredited college or university preferred. Licenses as required. Professional certification as applicable to line of business preferred.ExperienceSix (6) years of claims management experience or equivalent combination of education and experience required.Skills & KnowledgePerforms other duties as assigned.Supports the organization's quality program(s).In-depth knowledge of appropriate medical malpractice 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 application procedures as applicable to line of businessExcellent oral and written communication, including presentation skillsPC literate, including Microsoft Office productsAnalytical and interpretive skillsStrong organizational skillsExcellent negotiation skillsGood interpersonal skillsAbility to work in a team environmentAbility to meet or exceed Performance CompetenciesWork EnvironmentWhen applicable and appropriate, consideration will be given to reasonable accommodations.Mental: Clear and conceptual thinking ability; excellent judgment, troubleshooting, problem solving, analysis, and discretion; ability to handle work-related stress; ability to handle multiple priorities simultaneously; and ability to meet deadlinesPhysical: Computer keyboarding, travel as requiredAuditory/Visual: Hearing, vision and talkingNote: Credit security clearance, confirmed via a background credit check, is required for this position.A comprehensive benefits package is offered including but not limited to, medical, dental, vision, 401k and matching, PTO, disability and life insurance, employee assistance, flexible spending or health savings account, and other additional voluntary benefits.Sedgwick is an Equal Opportunity Employer and a Drug-Free Workplace.If you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, consider applying for it anyway Sedgwick is building a diverse, equitable, and inclusive workplace and recognizes that each person possesses a unique combination of skills, knowledge, and experience. You may be just the right candidate for this or other roles.