Senior Claims Representative @ New York Life Insurance Company | Jobright.ai
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New York Life Insurance Company · 1 day ago

Senior Claims Representative

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Responsibilities

Reviewing submitted claims to ensure proper guidelines have been followed and eligibility requirements have been met.
Calculating the appropriate payment for the claims and approves payment of claims within the delegated authority.
Manages claims, including referral to management and/or Office of General Counsel.
Recommends payment or denial of claims over designated authority level.
Initiates appropriate claim investigations.
Communicates with claimants (or their legal representative) and with our Third-Party Administrators on all claims related matters.
Keeps abreast of claim related legal principles, tax requirements, as well as underwriting rules and procedures.
May perform claim-related administrative assignments which include preparing claims-related reports and statistics.
Provides service and claims support to Third Party Administrators, certificate holders, and beneficiaries.
May be necessary to interact with other Group Membership Departments such as contracts, account managers, and accounting.
Participates in projects as required.
Strong product knowledge, communication skills and organizational ability.
Completes work with a limited degree of supervision.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Claims ProcessingLegal PrinciplesTax RequirementsUnderwriting RulesMicrosoft WordMicrosoft ExcelMedical TerminologyClaims Experience

Required

Bachelor’s degree and/or 3+ years Equivalent Claims Experience
Knowledge of the legal principles, tax requirements, and underwriting rules regarding claims processing.
Strong knowledge of life and waiver claims through formal training or considerable on-the-job training.
Proficient in Microsoft Word and Excel.
Knowledge of medical terminology/anatomy.
Strong organizational skills.
Outstanding analytical skills with attention to detail.
Strong oral and written communication skills.

Benefits

Leave programs
Adoption assistance
Student loan repayment programs
Annual discretionary bonus
Incentive program

Company

New York Life Insurance Company

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Funding

Current Stage
Late Stage

Leadership Team

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Rohit Katti
CTO & Head of R&D Lab
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Don Vu
Senior Vice President, Chief Data & Analytics Officer
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Company data provided by crunchbase
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