Workers Compensation Claims Analyst
Chicago, IL

Job Details
Career Field: Claims, Workers' Compensation 
Insurance Discipline: Property & Casualty 
Compensation: $65,000 - $90,000 (Full Time)
Relocation: Not Available 

Job Description

This position is responsible for the handling of claims assigned with potential excess exposure and the development of a relationship with the claim administration community. Candidates must have worker's compensation claims handling experience. This position is located in the Chicago metro area.

Primary Responsibilities:
•Evaluate claims for potential exposure
•Coordinate with Medical Claims Manager to mitigate catastrophic cases
•Maintain an effective and current diary system to direct all assigned claims
•Recommend, establish and modify case reserves within proper authority
•Request authority to settle when a settlement opportunity is identified
•Review and authorize reimbursements
•Plan and conduct audits and visits to Third Party Administrators (TPAs) and promote best practices
•Identify potential exposure during a routine audit review
•Support growth and retention of business accounts

Knowledge, Skills and Abilities:

Bachelor's in general studies, liberal arts or business
•CPCU and AIC credentials preferred
•Knowledge of industry accepted claim handling standards
•Advanced Business writing, verbal communication, time management, and customer service skills
•Intermediate presentation and Project manager skills; beginner supervisory skills
•Ability to prioritize and organize
•Ability to analyze and provide solutions to problems using accepted management techniques and negotiate a win-win strategy
•Ability to communicate effectively both verbally and in writing with management, peers, direct reports and individuals inside and outside the company
•Develop and maintain skills in all company designated software programs like Excel, Word and Lotus Notes
•Cross-Discipline Scoring and Oracle Discoverer preferred