Sr. Claims Specialist

LocktonPlano, TX
39d

About The Position

Responsible for managing the full lifecycle of stop loss claim submissions with minimal oversight. Ensures accuracy, timeliness, and quality in the claims process, serving as a trusted partner to clients, carriers, and internal stakeholders. Acts as a subject matter resource within the team and can operate independently to resolve routine issues and ensure seamless execution. Manages end-to-end submission and tracking of stop loss claims with a focus on accuracy, speed, and completeness. Interprets and analyzes claim data, eligibility documents, EOBs, and carrier-specific requirements. Submits claims (specific and aggregate) to carriers and ensure proper follow-through until reimbursement is received. Identify and resolve discrepancies or delays directly with carrier contacts, requiring little to no escalation. Serve as a consistent point of contact for claims-related questions from internal account teams, Lockton Stop Loss associates, carrier and/or clients. Proactively communicates with carriers to troubleshoot processing issues and clarify submission requirements. Keeps stakeholders informed of claim statuses, outstanding documentation, and anticipated turnaround times. Maintains detailed and organized claim records, logs, and audit trails in accordance with Lockton standards. Supports reporting efforts related to claim volumes, reimbursement trends, and turnaround times. Ensures that all claim submissions meet quality control standards and internal documentation policies. Meets monthly Claims Exhibit deadlines for assigned book of business. Conducts a final policy year-end reconciliation for all policyholders, regardless of effective date. Communicates to Lockton Stop Loss associates once a final policy reconciliation has been completed. Monitors and organizes the Stop Loss and Stop Loss Reporting inboxes. Helps identify opportunities to enhance operational efficiency and client experience within the claims process. Assists claims analysts by sharing knowledge and answering questions, as needed. Supports onboarding of new analysts or claims team members by offering guidance and context

Responsibilities

  • Managing the full lifecycle of stop loss claim submissions
  • Ensuring accuracy, timeliness, and quality in the claims process
  • Managing end-to-end submission and tracking of stop loss claims
  • Interpreting and analyzing claim data, eligibility documents, EOBs, and carrier-specific requirements
  • Submitting claims to carriers and ensure proper follow-through until reimbursement is received
  • Identifying and resolving discrepancies or delays directly with carrier contacts
  • Serving as a point of contact for claims-related questions
  • Proactively communicating with carriers to troubleshoot processing issues
  • Keeping stakeholders informed of claim statuses, outstanding documentation, and anticipated turnaround times
  • Maintaining detailed and organized claim records, logs, and audit trails
  • Supporting reporting efforts related to claim volumes, reimbursement trends, and turnaround times
  • Ensuring that all claim submissions meet quality control standards and internal documentation policies
  • Meeting monthly Claims Exhibit deadlines for assigned book of business
  • Conducting a final policy year-end reconciliation for all policyholders
  • Communicating to Lockton Stop Loss associates once a final policy reconciliation has been completed
  • Monitoring and organizing the Stop Loss and Stop Loss Reporting inboxes
  • Helping identify opportunities to enhance operational efficiency and client experience within the claims process
  • Assisting claims analysts by sharing knowledge and answering questions, as needed
  • Supporting onboarding of new analysts or claims team members by offering guidance and context

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Insurance Carriers and Related Activities

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service