Company Details
BerkleyNet is an innovative workers compensation insurance provider that does all of our business online. Our Goal To make doing business Ridiculously Fast. Amazingly Easy.
Responsibilities
- Investigate workers compensation claims by interviewing injured workers witnesses and policyholders to verify coverage and determine compensability and benefits due
- Calculate and set timely financial reserves and proactively manage reserve adequacy throughout claim lifecycle
- Record and code injured worker demographics job information and accident information in companys claims management system and files necessary forms with state regulatory agencies
- Issue timely payments to injured workers medical providers and service vendors
- Coordinate and actively manage medical treatment of injured workers to ensure timely rehabilitation
- Negotiate settlements of claims within designated authority with injured workers and attorneys
- Serve as the teams subject matter expert of the Workers Compensation Act adjudication process and regulatory compliance framework in assigned jurisdictions
- Identify and manage subrogation Second Injury Fund and joint coverage recovery opportunities
- Regularly communicate claim activity and status updates to policyholders injured workers and other interested parties in a professional thoughtful and tactful manner
- Notify management and develop reports for large exposure claims and comply with reinsurance reporting requirements
- Manage the claims litigation process to ensure timely and cost-effective claims resolution
- Monitor the expenses and effectiveness of managed care and investigation vendors
- Periodically travel to attend hearings conferences and training sessions
- Attend and participate in claim file reviews with management and defense attorneys
- Coordinate and lead special projects or processes as assigned by management
- Assists with oversight and supervisory duties when the team supervisor is unavailable or as assigned by supervisor
- Support management with training and staff development
- Support management with vendor management activities
- Continuously strives to improve our product and business results through innovation
- Obtain and maintain adjuster license(s) in assigned jurisdictions
For highly qualified and experienced candidates we are open to considering remote work arrangements for individuals who can travel as needed.
Qualifications
Education
- Bachelors degree or equivalent insurance industry work experience
- AIC ARM CCP or CPCU insurance designation preferred
Additional Company Details
The Company is an equal employment opportunity employer.
We do not accept any unsolicited resumes from external recruiting firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
Base salary range: 75k-100k
Benefits include: Health dental vision life disability wellness paid time off 401(k) and profit-sharing plans.
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.
Additional Requirements
Low level of domestic U.S. travel required (up to 5% - 10% of time)
Required Experience:
Senior IC
Company DetailsBerkleyNet is an innovative workers compensation insurance provider that does all of our business online. Our Goal To make doing business Ridiculously Fast. Amazingly Easy.ResponsibilitiesInvestigate workers compensation claims by interviewing injured workers witnesses and policyholde...
Company Details
BerkleyNet is an innovative workers compensation insurance provider that does all of our business online. Our Goal To make doing business Ridiculously Fast. Amazingly Easy.
Responsibilities
- Investigate workers compensation claims by interviewing injured workers witnesses and policyholders to verify coverage and determine compensability and benefits due
- Calculate and set timely financial reserves and proactively manage reserve adequacy throughout claim lifecycle
- Record and code injured worker demographics job information and accident information in companys claims management system and files necessary forms with state regulatory agencies
- Issue timely payments to injured workers medical providers and service vendors
- Coordinate and actively manage medical treatment of injured workers to ensure timely rehabilitation
- Negotiate settlements of claims within designated authority with injured workers and attorneys
- Serve as the teams subject matter expert of the Workers Compensation Act adjudication process and regulatory compliance framework in assigned jurisdictions
- Identify and manage subrogation Second Injury Fund and joint coverage recovery opportunities
- Regularly communicate claim activity and status updates to policyholders injured workers and other interested parties in a professional thoughtful and tactful manner
- Notify management and develop reports for large exposure claims and comply with reinsurance reporting requirements
- Manage the claims litigation process to ensure timely and cost-effective claims resolution
- Monitor the expenses and effectiveness of managed care and investigation vendors
- Periodically travel to attend hearings conferences and training sessions
- Attend and participate in claim file reviews with management and defense attorneys
- Coordinate and lead special projects or processes as assigned by management
- Assists with oversight and supervisory duties when the team supervisor is unavailable or as assigned by supervisor
- Support management with training and staff development
- Support management with vendor management activities
- Continuously strives to improve our product and business results through innovation
- Obtain and maintain adjuster license(s) in assigned jurisdictions
For highly qualified and experienced candidates we are open to considering remote work arrangements for individuals who can travel as needed.
Qualifications
Education
- Bachelors degree or equivalent insurance industry work experience
- AIC ARM CCP or CPCU insurance designation preferred
Additional Company Details
The Company is an equal employment opportunity employer.
We do not accept any unsolicited resumes from external recruiting firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
Base salary range: 75k-100k
Benefits include: Health dental vision life disability wellness paid time off 401(k) and profit-sharing plans.
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.
Additional Requirements
Low level of domestic U.S. travel required (up to 5% - 10% of time)
Required Experience:
Senior IC
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