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Wayne State University · 1 day ago

Risk Management Specialist

Detroit, MI

Full-time

Hybrid

Senior Level

$59K/yr - $73K/yr

5+ years exp

Wayne State University is a premier public urban research university located in Detroit, Michigan, and they are seeking an experienced Risk Management Specialist. This role involves providing technical knowledge and expertise in managing the University's workers' compensation program and assisting in the administration of various insurance programs.

Higher Education

Responsibilities

Administer, organize, and manage all Phases of Worker's Compensation Claims (from initial filing to claim closure). This entails the authorization of payments for medical treatment invoices and the investigation of injuries including student injuries

Administer, organize, and manage the workers compensation data base that tracks all employee and student injuries along with their respective medical invoices; medical payments; indemnity payments; and Medicare payments. Provide oversight to ERM personnel involved with data base entry recordkeeping

Provide oversight of the excess workers compensation insurance program. Generate financial reports for the excess insurance carriers as well as participate in the performance of cost/benefit analysis when determining to seek request for proposals from other insurance companies

Aid the Associate Director in the organization and implementation of the MI Universities Self-Insurance Corporation (M.U.S.I.C.) Casualty and Employer Legal Liability Insurance Programs

Processing and completing insurance applications in collaboration with university departments, and the organization and implementation of M.U.S.I.C. Certificate of Insurance program for entities doing business with the University

Administer, organize, and manage the MI Occupational Safety and Health Administration Record Keeping and Reporting Rules for employee injuries. Collaborate with WSU Office of General Counsel and any outside law firms involved in litigated claims

Investigate and adjust Level I self-insured property claims

Perform account transfers to departments when claims are paid

Aid in the recording of claims paid and claims denied in the department database

Perform other related duties as assigned

Qualification

Risk ManagementWorkers CompensationMIOSHA RegulationsCertified Workers Compensation ProfessionalAutomated Management SystemsAnalytical SkillsMicrosoft OfficeInterpersonal SkillsCommunication Skills

Required

Bachelor's degree

Bachelor's degree from an accredited university in Risk Management, Business Administration, or a related field

Specialist (minimum 5 years of job-related experience)

Certification as a Certified Workers Compensation Professional

Proven experience in risk management, preferably in the higher education industry

Extensive knowledge of the Worker' Disability Compensation Act and Administrative Rules, State of MI

Extensive knowledge of MIOSHA Rules and Regulations as they pertain to employee injury recordkeeping and reporting

Strong interpersonal and communication skills and the ability to collaborate effectively with a diverse proficient team

Interpret medical reports and records provided by hospitals and health care agencies

Interpret International Classification of Diseases as well as diagnoses

Multi-task and prioritize tasks, assignments, projects from department leadership

Must have good oral, written, instructional, analytical and computer skills

Proficient in the use of automated management systems including the university work comp software program and a risk management information system program

Proficient with Microsoft Office Tools, including Outlook, Word, and Excel