Liability Claims Specialist

Posted 6 Days Ago
Be an Early Applicant
Downers Grove, IL, USA
In-Office
53K-85K Annually
Junior
Insurance
The Role
Manage non-complex liability and medical-only claims under supervision: receive and validate claims, confirm coverage, set reserves, authorize payments within limits, communicate status to stakeholders, adhere to client/carrier guidelines, and escalate complex files to senior staff.
Summary Generated by Built In

The Liability Claims Specialist manages non-complex and non-problematic Liability claims under direct supervision of a senior claims professional. This role aims to achieve optimal outcomes for both CorVel and our clients. The Liability Claims Specialist handles litigated files and works with delegated limited authority, adhering to company best practices.

This role is available for remote, onsite, and hybrid work arrangements.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES:

  • Manages non-complex and non-problematic medical only claims and minor lost-time liability claims under close supervision
  • Receives claims, confirms policy coverage and acknowledgment of the claim
  • Determines validity and compensability of the claim
  • Establishes reserves and authorizes payments within reserving authority limits
  • Communicates claim status with the customer, claimant, and client
  • Adheres to client and carrier guidelines and participates in claims review as needed
  • Collaborates with team members on more complex or problematic claims as necessary
  • Additional duties as assigned

    KNOWLEDGE & SKILLS: 

    • Excellent written and verbal communication skills
    • Ability to learn rapidly to develop knowledge and understanding of claims practice
    • Ability to identify, analyze and solve problems
    • Computer proficiency and technical aptitude with the ability to utilize Microsoft Office including Excel spreadsheets
    • Strong interpersonal, time management, and organizational skills
    • Ability to meet or exceed performance expectations
    • Ability to work both independently and within a team environment

    EDUCATION & EXPERIENCE: 

    • Minimum of 1 year of industry experience and claims management preferred
    • Bachelor's degree or a combination of education and related experience
    • Current Adjuster’s License in state of operation is required
    • Multi-State license is preferred

    PAY RANGE:

    CorVel uses a market based approach to pay and our salary ranges may vary depending on your location.  Pay rates are established taking into account the following factors:  federal, state, and local minimum wage requirements, the geographic location differential, job-related skills, experience, qualifications, internal employee equity, and market conditions.  Our ranges may be modified at any time.

    For leveled roles (I, II, III, Senior, Lead, etc.) new hires may be slotted into a different level, either up or down, based on assessment during interview process taking into consideration experience, qualifications, and overall fit for the role.  The level may impact the salary range and these adjustments would be clarified during the offer process.

    Pay Range: $52,999 - $85,473

    A list of our benefit offerings can be found on our CorVel website: CorVel Careers | Opportunities in Risk Management


    ABOUT CORVEL: 

    CorVel, a certified Great Place to Work® Company, is a national provider of industry-leading risk management solutions for the workers’ compensation, auto, health and disability management industries. CorVel was founded in 1987 and has been publicly traded on the NASDAQ stock exchange since 1991. Our continual investment in human capital and technology enable us to deliver the most innovative and integrated solutions to our clients.  We are a stable and growing company with a strong, supportive culture and plenty of career advancement opportunities.  Over 4,000 people working across the United States embrace our core values of Accountability, Commitment, Excellence, Integrity and Teamwork (ACE-IT!). 

    A comprehensive benefits package is available for full-time regular employees and includes Medical (HDHP) w/Pharmacy, Dental, Vision, Long Term Disability, Health Savings Account, Flexible Spending Account Options, Life Insurance, Accident Insurance, Critical Illness Insurance, Pre-paid Legal Insurance, Parking and Transit FSA accounts, 401K, ROTH 401K, and paid time off.

    CorVel is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.

    #LI-Hybrid

    Equal Opportunity Employer
    This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

    Skills Required

    • Current Adjuster's License in state of operation
    • Bachelor's degree or combination of education and related experience
    • Minimum of 1 year of industry experience and claims management
    • Multi-state adjuster's license
    • Proficiency with Microsoft Office including Excel
    • Excellent written and verbal communication skills
    • Ability to identify, analyze, and solve problems
    • Strong interpersonal, time management, and organizational skills

    CorVel Corporation Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CorVel Corporation and has not been reviewed or approved by CorVel Corporation.

    • Wellbeing & Lifestyle Benefits Work-from-home options and schedule flexibility are highlighted as meaningful offsets to lower base pay in certain roles. An Employee Assistance Program and related resources further support everyday wellbeing.
    • Flexible Benefits Multiple medical plan choices with dental/vision and a broad suite of supplemental coverages offer choice tailored to role and location needs. An HSA option with a company match adds flexibility in how healthcare expenses are managed.
    • Retirement Support A 401(k) with a company match is part of the core package.

    CorVel Corporation Insights

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    The Company
    HQ: Irvine, CA
    1,987 Employees
    Year Founded: 1987

    What We Do

    CorVel is a leader of risk and healthcare management solutions to employers, third party administrators, insurance companies and government agencies. We are publicly traded and annual revenues exceeded $595 million in FY2019. Our continued customer growth is a testament to our financial stability and our significant investments in new systems and technologies allows us to continue to deliver industry-leading solutions to the marketplace. CorVel has approximately 3,500 associates who serve customers through a national branch office network covering all 50 states.

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