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Stop Loss Claims Analyst

BCS Financial Corporation
Oakbrook Terrace, IL Full Time
POSTED ON 11/3/2025 CLOSED ON 12/16/2025

What are the responsibilities and job description for the Stop Loss Claims Analyst position at BCS Financial Corporation?

Position Overview:

The Claims Analyst is responsible for providing assistance to the Claims Manager while ensuring that claims are properly adjudicated in accordance with our Policy and the underlying Plan/Group Documents.

This position will report to the Claims Manager.


Essential Elements

  • Review, analyze, manage, and adjudicate claims on the Stop Loss and Excess of Loss book of business to determine action to be taken.
  • Research and resolve claim issues by identifying and analyzing problems and/or risks, and assembling the documentation needed to support the recommendation to resolve the problem.
  • Maintain applicable logs, files, and company turnaround time standards.
  • Maintain knowledge of the insurance industry through continuing education.
  • Other tasks as assigned.

Requirements:

Education and Certifications:

  • Bachelor’s degree or commensurate experience required
  • Insurance industry designations preferred

Experience:

  • Knowledge of current state issues, regulations, and industry trends as it relates to claims required
  • Demonstrate proficiency with computer software, including Microsoft Office Suite, with advanced skills in Excel required
  • Knowledge of COB, Medicare, HIPPA, CPT, ICD-10, COBRA, and benefit plan interpretation preferred
  • Knowledge of medical insurance stop-loss contracts and self-funded plans preferred
  • Understanding and experience with data analytics preferred
  • Experience handling large volumes of stop loss claims preferred
  • Understanding and experience with data analytics preferred


Travel:

  • Limited travel to Third Party Administrator (TPA) sites.

Salary : $63,000 - $82,000

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