Encova Insurance
Encova Insurance provides commercial, auto and home insurance.
Medical Only Claims Specialist – Workers' Compensation
Location
North Carolina + 1 moreAll locations: North Carolina, South Carolina
Posted
24 days ago
Salary
$49.2K - $78.8K / year
Bachelor Degree1 yr expExperience acceptedEnglish
Job Description
• Manages a high frequency desk, which includes primarily medical only claims.
• Responsible for the investigation, evaluation, and determination of compensability for work-related injury and disease claims following established guidelines to determine benefit eligibility.
• Provides superior service in a cost-effective manner to achieve best possible outcomes and proactively collaborate across the enterprise to ensure alignment of objectives and foster continuous improvement.
• Gathers relevant facts by performing three-point contacts with involved parties and completing a thorough claim investigation prior to issuing a compensability determination.
• Decides the outcome of claims using sound judgment and applying established policy, procedures, regulations, and guidelines.
• Evaluates and establishes an action plan to manage benefits associated with primarily medical only and occupational disease claims to their most cost-effective conclusion.
• Determines eligibility of benefits once medical treatment plans have been secured and processed within the designated authority levels.
• Actively identifies and develops the investigation of and pursuit of subrogation recoveries when possible.
• Utilizes proactive reserving behaviors to ensure adequate case reserves which reflect the probable ultimate outcome based on the current known circumstances throughout the life of the claim.
• Consults with lost time claims specialists and/or complex claims specialists, director or Claims Product and Operations staff, as needed.
• Analyzes reports from external resources such as physicians, attorneys, and/or vocational rehabilitation experts to evaluate and adjust claim strategies as needed.
• Evaluates and negotiates claim settlements utilizing human relation skills and technical knowledge to achieve the best possible outcome.
• Effectively and independently uses available resources to prioritize, organize, and complete work in a timely manner to meet jurisdictional requirements, timeframes, and internal metrics.
• Follows established claims best practices related to medical management, litigation, fraud/abuse and recovery.
• Works collaboratively with the injured worker, employer, outside counsel, and health and rehabilitation professionals to manage the claims costs and promote quality medical care.
• Along with the claim director, regional vice president and other claims staff, participates in claim reviews, onboardings, etc. for our policyholders and agents.
• Proactively collaborates with our policyholders to ensure alignment of objectives and foster continuous improvement.
Job Requirements
- Bachelor’s Degree from an accredited college or university is preferred.
- One year of experience in the field of insurance, customer service, claims investigation, legal, rehabilitation, or medical claims processing required.
- Workers’ compensation claims experience and licensure preferred.
- Must pass the claims adjuster license exam(s) as assigned within 6 months of being hired.
- Preference may be shown to candidates with multiple state claims management experience.
- Ability to use logic and sound reasoning to identify alternative solutions for problem-solving.
- Strong written and verbal communication skills.
- Strong analytical skills.
- Ability to multitask and manage time effectively and productively.
- Work effectively independently as well as in a team environment.
- Develop and maintain strong, effective internal and external relationships.
- Work effectively in a paperless environment.
- Skilled in the use of laptops, claims management systems, and other typical business-related programs such as Microsoft Office suite.
Benefits
- Health, Dental & Vision Insurance
- Company-provided life and income protection plans
- Eligibility to participate in a company incentive bonus program
- 401(k) Retirement Plan - 100% company match up to 7% on annual salary
- Paid Time Off, Paid Holidays, and Floating Holidays
- Flexible Work Arrangements - Hybrid and remote depending on the role