Demo

Stop Loss Claims Analyst

BCS Financial Corporation
Oakbrook Terrace, IL Full Time
POSTED ON 1/29/2025
AVAILABLE BEFORE 3/29/2025

Position Overview:

The Claims Analyst is responsible for providing assistance to the Director, Claims and Clinical while ensuring that claims are properly adjudicated in accordance with our contract and the underlying Plan/Group contracts. 

This position will report to the Director, Claims and Clinical. 

Essential Elements

  • Review, analyze, manage, and adjudicate claims on the Stop Loss and Excess of Loss book of business to determine action to be taken
  • Research and resolve claim issues by identifying and analyzing problems and/or risks, and assembling the documentation needed to support the recommendation to resolve the problem  
  • Maintain applicable logs, files, and company turnaround time standards.
  • Maintain knowledge of the insurance industry through continuing education
  • Other tasks as assigned

Requirements:

Education and Certifications:

  • Bachelor’s degree or commensurate experience required
  • Insurance industry designations preferred

Experience:

  • Knowledge of current state issues, regulations and industry trends as it relates to claims required
  • Demonstrate proficiency with computer software including Microsoft Office Suite, with advanced skills in Excel required
  • Knowledge of COB, Medicare, HIPPA, CPT, ICD-10, COBRA and benefit plan interpretation preferred
  • Knowledge of medical insurance stop-loss contracts and self-funded plans preferred
  • Understanding and experience with data analytics preferred

Travel:

  • Limited travel will be required

What we offer:

  • Hybrid and remote work environments
  • HSA/PPO medical plans
  • Dental
  • Vision
  • HSA/FSA
  • Short-term and Long-term Disability
  • Employee Assistance Program
  • Life and Travel Insurance
  • Company Discounts
  • Home office and wellness reimbursement
  • 401(k) w/ up to 6% company match
  • Generous PTO
  • 12 paid holidays
  • Parental leave
  • Generous employee referral program
  • Professional development and development planning: tuition reimbursement, continuing education & assistance obtaining professional certifications
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