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Foundation Risk Partners
Rockville Centre, NY | Full Time
$95k-114k (estimate)
1 Month Ago
Claims Specialist
Foundation Risk Partners Rockville Centre, NY
$95k-114k (estimate)
Full Time 1 Month Ago
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Foundation Risk Partners is Hiring a Claims Specialist Near Rockville Centre, NY

Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Claims Specialist to their growing team at the Durnan Group in Rockville Centre, NY.

Claims Specialist works under direct supervision of the Vice President of Risk Management, receiving and processing incoming workers compensation claims, assisting in the claims management process and managing communication with regard to claims.

  • Responsible for managing data extraction regarding potential Claims from fax, email or other communication sources.
  • Examine, evaluates claims for denial, subrogation and possible fraud and report to
  • Enter claims in system; review claims, update/correct information in system
  • Assist in maintaining all medical documentation and records regarding workers’ compensation cases
  • Make & maintain contacts (4 point contact) with client, adjuster, employee and provider
  • Report claims to carrier and VP of Risk Management
  • Manage correspondence; answer emails and phone calls, note files
  • Participate in claims reviews with Client representatives when needed.
  • Ensure all claimants complete all necessary paperwork regarding claim case, i.e. incident report, medical release form, LD forms and special programs are being carried out initially

Job Competencies:

  • Strong computer literacy
  • Knowledge of insurance related laws and medical and legal terminology
  • Excellent written/oral communication skills and ability to interact with personnel at various levels
  • Excellent organizational skills
  • Strong sense of accuracy and attention to detail
  • Ability to exercise tact and discretion in handling of confidential material
  • Ability to manage multiple projects, tasks and priorities to achieve desired goals
  • Ability to work effectively with employees at all levels within the organization

Education & Experience: 

  • 2 years insurance industry experience preferred
  • Associates degree preferred, or equivalent years of experience
  • Establish and maintain effective liaising between claimant, adjuster, provider and client.
  • Provide VP of Risk Management with weekly/monthly overview and assurances that all services have been effective.

Pay Range:

The typical pay range for this role is $65,000-70,000, this range represents the estimated low and high end of the salary range for this position. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience. The range listed is just one component of FRP's total compensation package for employees.

Job Summary

JOB TYPE

Full Time

SALARY

$95k-114k (estimate)

POST DATE

04/22/2023

EXPIRATION DATE

07/11/2024

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If you are interested in becoming a Claims Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Claims Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Claims Specialist job description and responsibilities

The specialist reports and processes these claims by researching the policy and accumulating evidence regarding the claim.

02/21/2022: Benton Harbor, MI

Claims specialists must also compile reports and communicate regularly with supervisors and managers regarding the status of claims.

03/17/2022: Madison, WI

Claims Specialists are responsible for a wide range of administrative tasks related to the delivery of medical care.

03/13/2022: New Brunswick, NJ

Evaluates liability, coverage and settles claims within prescribed procedures and authority.

03/07/2022: Vallejo, CA

Reviews and evaluates property claims for coverage and further claim handling procedures to conclude within required statutory time frame.

03/03/2022: Provo, UT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Claims Specialist jobs

Claims specialists are required to follow the California Health and Safety Code when accepting or denying claims.

02/04/2022: Lynchburg, VA

They must treat clients fairly and equitably, but also make sure claims are legitimate and reasonable.

03/03/2022: Portland, ME

They must know the details of claims verification, payment processing, dispute resolution and fraud detection.

02/14/2022: Hialeah, FL

A good claims specialist will take a proactive approach to their job.

02/21/2022: Helena, MT

Claims specialist positions require superb organization skills to keep track of financial documents.

03/26/2022: New Bedford, MA

Step 3: View the best colleges and universities for Claims Specialist.

Butler University
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Providence College
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