Claims Specialist - Workers' Compensation (California)

ICW Group•San Diego, CA

2d•$78,679 - $132,686•Hybrid

About The Position

The Claims Specialist position is responsible for handling complex claims with a focus on providing exceptional service for stakeholders in order to drive claims to an equitable resolution within Company standards. The Claims Specialist works with a sense of urgency, understands insurance coverage concepts, and navigates the legal system with the support of counsel to drive strategic outcomes. ICW Group is looking for team members who are ready to use their skills, curiosity, and drive to be part of their journey as they strive to transform the insurance carrier space. ICW Group has been in business for over 50 years and is a Top 50 performing P&C organization, offering the stability of a large, profitable and growing company combined with a focus on all things people.

Requirements

Bachelor's degree (or equivalent combination of education and experience) required
Minimum of 8 – 10+ years’ related claims handling experience involving complex litigation, reserving, settlement strategy, and high exposure claims.
Excellent understanding of laws and jurisdictional restraints to manage claims
Excellent verbal communication skills, time management, attention to detail and organizational skills
Must be adept at learning new technology
Flexibility to adapt to changes in a fast-paced environment
Ability to read, analyze, and interpret technical and legal documents
Ability to write reports and business correspondence
Ability to respond to common inquiries or complaints from customers (insured), claimants and regulatory agencies
Ability to present information at meetings, to management and clients
Ability to solve practical problems and deal with a variety of variables in situations where limited standardization exists
Advanced knowledge of workers’ compensation claims handling, reserving, litigation management, and resolution strategies

Nice To Haves

WCCA and WCCP preferred.
State Workers Compensation License is required in some branches.

Responsibilities

Manages complex claims inventories requiring advanced technical expertise and strategic claim handling
Effectively communicates with policyholders, agents, attorneys, and witnesses to gather information and provide the highest possible level of customer service.
Promptly investigates claims to determine exposure, works with appropriate experts and makes strategic recommendations.
Utilizes appropriate resolution tactics (e.g., mediation, negotiation, denial, litigation or offer) to proactively drive outstanding results.
Operates within the requirements of related state and/or the governing entity rules and regulations as well as internal claims handling policies and procedures.
Directs defense counsel throughout the litigation process in line with ICW litigation guidelines while monitoring legal fees and costs.
Consistently provides exceptional customer service
Effectively collaborates with cross-functional Team Members for project and process discussions
Makes recommendations for streamlining processes and adopting the industry’s best practices
Ensures accuracy of data in claims system for compliance with applicable regulatory reporting
Provides knowledge transfer across the organization
Continuously seeks to improve technical skills by attending job related training and tracking current case law.
As a SME (subject matter expert), serves as a technical resource and mentors/trains less experienced Team Members
Prepares and presents claims status reports for internal and external stakeholders.
Administers timely and appropriate benefits to injured workers; manages and approves payment of benefits within designated authority level. Works within applicable state rules, regulations as well as ICW Group’s internal claims handling policies and procedures.
Creates and adjusts reserves in a timely manner to ensure reserving activities are consistent with company policies.
Resolves claims fairly and equitably, acting in the best interest of the insured while providing timely benefits to injured workers as required by law.
Supports specialty claim handling programs and strategic initiatives involving complex litigation, medical exposure, catastrophic injuries, fatality, PTD, or long-duration claims
Provides technical guidance and collaborates with leadership on complex claim resolution strategies and specialty handling initiative
Identifies and drives resolution opportunities on complex or long-duration claims through proactive settlement, reserving, and medical management strategies.