What are the responsibilities and job description for the Workers' Compensation Claims Analyst 2 position at Coventry First?
Coventry
Workers' Compensation Claims Analyst 2
US-NJ-Egg Harbor Township
Job ID : 25-17509
Type : Regular Full-Time
of Openings : 1
Category : Insurance & Administration
Mitchell International, Inc.
Overview
The Enlyte Family of Businesses
Mitchell | Genex | Coventry
Enlyte is the parent brand of Mitchell, Genex and Coventry, an organization unlike any other in the Property & Casualty industry, bringing together three great businesses with a shared vision of using technology innovation, clinical services and network solutions to help our customers and the people they serve. Our suite of products and services enable our employees to help people recover from challenging life events, while providing opportunities for meaningful impact and career growth.
Responsibilities
You Must be in New Jersey and have New Jersey Workers' Compensation Claims Experience
- Evaluate claimant eligibility; communicate with attending physician, employer and injured worker.
- Manage high exposure, complex and catastrophic claims.
- Work with both the claimant and their physician to medically manage the claim, from initial medical treatment to reviewing and evaluating ongoing treatment and related information.
- Work directly with employers to facilitate a return to work, either on a full-time or modified duty basis.
- Identify potential for third party recovery, including subrogation, Second Injury Fund or other fund involvement (when applicable) and excess or reinsurance reimbursement. Pursue the process of reimbursement and complete posting of recovery to the claim file, where appropriate.
- Identify potential for disability or pension credits or offsets and apply same where appropriate.
- Ensure timely denial or payment of benefits in accordance with jurisdictional requirements.
- Establish claim reserve levels by estimating the potential exposure of each assigned claim, establish appropriate reserves with documented rationale, maintain and adjust reserves over the life of the claim to reflect changes in exposure.
- Comply with all excess and reinsurance reporting requirements; manage self-insured retention reporting.
- Establish compensability status through case investigation and evaluation and application of jurisdictional statutes and laws.
- Complete PARs (payment authorization request) when applicable.
- Where litigation is filed, evaluate exposure and work with defense counsel to establish strong defenses, prepare litigation plan of action, set legal reserve and manage litigation over life of claim.
- Manage diary in accordance with Best Practices and complete tasks to ensure that cases move to the best financial outcome and timely resolution.
Qualifications
Salary :
Please see job description
PI259515351