Risk Management Claims Specialist

3 days ago


Chicago, Illinois, United States The University of Chicago Full time
About the Role

The University of Chicago is seeking a highly skilled Risk Management Claims Specialist to join our team. As a key member of our Risk Management department, you will be responsible for managing the University's property, liability, and workers' compensation claims, as well as other related risk management claims and processes.

Key Responsibilities
  • Solicit and collect incident information upon reporting of a claim.
  • Manage self-insured workers' state compensation program application process.
  • Investigate claims upon receipt of a report and coordinate remediation and mitigation.
  • Coordinate claim review meetings.
  • Oversee maintenance of sufficient reserves with the respective TPA's to pay known and incurred claims.
  • Direct the claims management and ensure compliance with federal and state requirements.
  • Ensure and manage processes for proper reporting of claims to insurance companies, including reporting requirements related to excess insurance carriers.
  • Engage TPA, In-House Counsel, and outside legal counsel to address claim matters.
  • Communicate claim status with all relevant parties.
  • Partner with departments and employees to help employees achieve a durable return to work.
Requirements
  • Bachelor's degree in a related field.
  • 5 years of industry and claims management experience.
  • Extensive knowledge of laws and claim issues related to property, general liability, automobile liability, and workers' compensation.
  • Strong fundamentals in finance and a technical ability to understand complex, non-traditional insurance policies.
  • Healthcare or higher education insurance experience.
  • General understanding of contract and corporate law and loss prevention and claims management philosophies.
Preferred Qualifications
  • Personal computer skills with knowledge of Word, Excel, and PowerPoint.
  • Understanding of insurance markets and knowledge of property.


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