Assistant Team Lead Workers Compensation jobs in United States
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Sedgwick · 1 month ago

Assistant Team Lead Workers Compensation

Sedgwick is a company dedicated to helping people facing unexpected challenges, with a strong emphasis on a caring culture and work-life balance. The Assistant Team Lead Workers Compensation will analyze complex workers' compensation claims, manage litigation processes, and negotiate settlements while providing leadership and support to the team.

BankingInsuranceRisk Management

Responsibilities

Analyzes and processes complex or technically difficult workers’ compensation claims by investigating and gathering information to determine the exposure on the claim; manages claims through well-developed action plans to an appropriate and timely resolution
Negotiates settlement of claims within designated authority
Calculates and assigns timely and appropriate reserves to claims; manages reserve adequacy through the life of the claim
Calculates and pays benefits due; approves and makes timely claim payments and adjustments; settles claims within designated authority level
Prepares necessary state filings within statutory limits
Manages the litigation process; ensures timely and cost effective claims resolution
Coordinates vendor referrals for additional investigation and/or litigation management
Uses appropriate cost containment techniques including strategic vendor partnerships to reduce overall cost of claims for our clients
Manages claim recoveries, including but not limited to subrogation, Second Injury Fund excess recoveries and Social Security and Medicare offsets
Reports claims to the excess carrier; responds to requests of directions in a professional and timely manner
Communicates claim activity and processing with the claimant and the client; maintains professional client relationships
Ensures claim files are properly documented and claims coding is correct
Refers cases as appropriate to supervisor and management
Leads team meetings and assigns accountability for follow-up items
Gathers important compliance/claims processing information to be presented at team meetings
Assists in interviews of adjusters, clerical staff and provides feedback to hiring manager
Provides limited assistance/support to team lead with monthly review of adjuster workloads; notes trends and suggests adjustments when necessary. May include up to (3) three direct reports
Performs other duties as assigned
Supports the organization's quality program(s)
Administers company personnel policies in all areas and follows company staffing standards and training recommendations
Interviews, hires and establishes colleague performance development plans; conducts colleague performance discussions
Provides support, guidance, leadership and motivation to promote maximum performance

Qualification

Claims managementInsurance principlesNegotiation skillsAnalytical skillsMicrosoft OfficeOral communicationWritten communicationOrganizational skillsInterpersonal skillsTeamwork

Required

Five (5) years claims management or equivalent combination of education and experience
Subject matter expert of appropriate insurance principles and laws for line-of-business handled, recoveries offsets and deductions, claim and disability duration, cost containment principles including medical management practices and Social Security and Medicare application procedures as applicable to line-of-business
Excellent oral and written communication, including presentation skills
PC literate, including Microsoft Office products
Analytical and interpretive skills
Strong organizational skills
Excellent negotiation skills
Good interpersonal skills
Ability to work in a team environment
Ability to meet or exceed Performance Competencies

Preferred

Bachelor's degree from an accredited college or university
Professional certifications as applicable to line of business

Benefits

Medical
Dental
Vision
401k and matching
PTO
Disability and life insurance
Employee assistance
Flexible spending or health savings account
Other additional voluntary benefits

Company

Sedgwick

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Sedgwick is the world’s leading risk and claims administration partner, helping clients thrive by navigating the unexpected.

Funding

Current Stage
Late Stage
Total Funding
$1.5B
Key Investors
Altas PartnersLa Caisse
2024-09-12Private Equity· $1B
2018-12-01Private Equity
2018-09-12Acquired

Leadership Team

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Michael Arbour
Chairman & Chief Executive Officer
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Kalani Reelitz
Global Chief Financial Officer
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Company data provided by crunchbase