Senior Claims Specialist: Compensation Expert
1 week ago
We are seeking a skilled Compensation Expert to join our team at CorVel Enterprise Comp, Inc. This role plays a vital part in ensuring the effective management of complex workers' compensation claims.
About the Role:
- This position involves managing within company standards and best practices high visibility workers' compensation claims to determine benefits due.
- The successful candidate will work closely with case managers and attorneys, manage subrogation, and negotiate settlements to achieve customer service requirements.
Key Responsibilities:
- Confirm policy coverage and acknowledge claims, determining validity and compensability by investigating information and filing necessary documentation.
- Establish reserves, authorize payments, and develop well-documented action plans to reduce overall claim costs.
- Coordinate early return-to-work efforts and manage subrogation, litigation, and potential claim recoveries.
- Communicate claim status with customers and claimants, adhering to client and carrier guidelines.
Required Skills and Qualifications:
- Excellent written and verbal communication skills, enabling the ability to assist team members and communicate effectively with clients.
- A strong analytical mindset, allowing identification, analysis, and solution of complex problems.
- Computer proficiency, particularly with MS Office, including Excel spreadsheets.
- Ability to work independently and collaboratively as part of a team.
- Bachelor's degree or equivalent experience in a related field, along with minimum 3 years' industry experience and claim handling knowledge.
Benefits:
We offer a comprehensive benefits package, including medical, dental, vision, life insurance, disability, and paid time off. Our salary range for this role is $58,282 – $93,870, depending on your location and level of experience.
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