Senior Work Comp Specialist

Employer
Corvel
Location
Baltimore, MD
Posted
Sep 11, 2017
Closes
Sep 18, 2017
Function
Accountant, IT
Hours
Full Time
General Description: Manage within company standards and best practices complex and problematic high visibility workers' compensation claims within delegated limited authority to determine benefits due; work closely with case managers and attorneys; manage subrogation and negotiate settlements to ensure specific customer service requirement to achieve the best possible outcome in the claim. Create action plans discussing exposure and reserve claims to reflect probable outcome. Experience in handling Maryland work comp necessary. Municipality experience a plus. Essential Job Duties: Receives claim, confirms policy coverage and acknowledgement of the claim Determine validity and compensability of the claim by investigating and gathering information regarding the claim and file necessary documentation with state agencies. Establish reserves and authorize payments within reserving authority limits Develop and manage well documented action plan with the case manager and outcomes manager to reduce overall cost of the claim Coordinating early return-to-work efforts with the case manager and employer Manages subrogation of the claim Negotiates settlements when necessary Actively manage the litigation process Manage potential claim recoveries of all types Reports claims to the excess carrier Communicate claim status with the customer and claimant Adhere to client and carrier guidelines and participate in claims review as needed Develop and maintains professional customer relationship Requires regular and consistent attendance. Comply with all safety rules and regulations during work hours in conjunction with the Injury and Illness Prevention Program ("IIPP"). Additional duties as required. Application Instructions: In order to provide equal employment and advancement opportunities to all individuals, employment decisions at CorVel will be based on merit, qualifications and abilities. Except where required or permitted by law, employment practices will not be influenced or affected by an applicant's or employee's race, color, religion, sex, national origin, ancestry, citizenship, age, handicap or disability, marital status, medical condition or any other characteristic protected by applicable law. Please be aware that CorVel generally does not review all applications submitted in response to job openings posted on the Internet because of the large volume of responses. Note to Employment Agencies: Please do not forward agency resumes. CorVel Corporation is not responsible for any fees related to unsolicited resumes.Education/Training Requirements: KNOWLEDGE & SKILLS: Excellent oral and written communication skills PC literate, including Microsoft Office (Word, Excel) Effective analytical and interpretive skills Strong organizational skills Good interpersonal skills Ability to work in a team environment Ability to work independently Knowledge of the entire claims administration, case management and cost containment solution as applicable to Workers' Compensation Thorough knowledge of appropriate insurance principles and laws for workers' compensation * Recoveries and offsets EDUCATION: Four year degree at an accredited college or university preferred. EXPERIENCE: Five (5) years of Workers' Compensation claims management experience required. Experience in Maryland claims.