Stop Loss Coordinator

Cobalt Benefits Group LLCExeter, NH
$25 - $27

About The Position

In this dynamic role, you will oversee the stop-loss insurance process, manage claims, coordinate with vendors, and ensure compliance with industry regulations. Your analytical mindset and industry knowledge will directly contribute to our clients' success and satisfaction.

Requirements

  • Associate’s Degree or 2+ years of relevant work experience.
  • Solid experience with Microsoft Word, Excel, and Outlook.
  • Javelina claims processing, stop-loss insurance, and medical terminology.
  • Retiree/Direct Billing programs, and premium collection services, as well as providing customized benefit solutions to businesses nationwide.

Nice To Haves

  • Analytical Mindset: Strong mathematical skills are essential for tracking claims and preparing reimbursement requests.
  • Attention to Detail: You'll be responsible for managing high-cost claims, so accuracy is key.
  • Highly Organized: Able to manage multiple tasks efficiently in a fast-paced environment.
  • Team Player: Ability to work collaboratively across multiple departments and communicate effectively.
  • Industry Knowledge: A background in accounting, medical billing, or banking is helpful, as well as familiarity with medical terminology. Experience with third-party administrators (TPAs) or health insurance carriers is strongly preferred.

Responsibilities

  • Identify and report members who meet 50% or more of the specific deductible to our excess loss vendor.
  • Collect and submit all required documentation to request reimbursement for claims that exceed the specific deductible.
  • Review daily funding requests, track paid claims, and manage eligible claims submissions for stop-loss and advanced funding requests.
  • Act as the liaison between the excess loss vendor and internal teams, providing necessary data and responding to vendor inquiries.
  • Assist with monthly and year-end aggregate claim submissions, and support internal audits by providing necessary information.
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