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Claims Specialist

$70k - $90k

Ultimate Staffing

Salary: USD70000 - USD90000 per year + + Target Bonus Opportunity Claims Specialist - Workers' Compensation & Property Casualty Location: Pasadena, CA Employment Type: Full-Time Compensation: Competitive Salary + Performance Bonus Opportunities Position Summary A growing risk management and insurance consulting organization is seeking an experienced Claims Specialist to oversee workers' compensation and property & casualty insurance claims while serving as a trusted resource to clients. This role is responsible for managing open claims, collaborating with insurance adjusters, reducing claim reserves, analyzing claim trends, and presenting recommendations to clients. The ideal candidate will have a strong understanding of claims management processes, workers' compensation regulations, and insurance industry best practices, along with excellent communication and relationship-building skills. Key Responsibilities Claims Management Manage workers' compensation and property & casualty insurance claims through resolution. Develop and monitor claim action plans with adjusters and carriers. Follow up with insurance adjusters to ensure timely claim progress and resolution. Identify opportunities to reduce claim costs and reserves. Coordinate and participate in claim review meetings with insurance carriers and stakeholders. Analysis & Reporting Analyze open claims and identify opportunities for closure and cost savings. Create client-facing reports highlighting claims performance and outcomes. Project experience modifications and prepare statistical reports. Review experience modification calculations and identify discrepancies. Work with regulatory agencies, bureaus, or insurance organizations to correct reporting issues when necessary. Client Relations & Consulting Present claim reviews and findings to clients. Explain claims activity, trends, reserve changes, and recommendations. Educate clients on claims management strategies and workers' compensation processes. Build and maintain strong relationships with clients, adjusters, and insurance partners. Compliance & Industry Knowledge Stay current on workers' compensation regulations and insurance industry developments. Apply regulatory knowledge to support effective claims management. Assist clients in understanding relevant laws and claims-related requirements. Qualifications Required Several years of workers' compensation, claims management, claims consulting, or insurance claims experience. Strong understanding of workers' compensation claims processes. Knowledge of workers' compensation laws and regulations. Experience working directly with adjusters, carriers, and clients. Excellent verbal and written communication skills. Strong analytical and problem-solving abilities. Ability to effectively present information and recommendations to clients. Ideal Background Performance Bonus Opportunities Medical Insurance Vision Insurance Life Insurance Long-Term Disability Coverage 401(k) with Employer Match Generous PTO Paid Education & Training Professional Team Environment #J-18808-Ljbffr Ultimate Staffing

Vacancy posted 2 days ago
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