Workers Compensation and Risk Management Analyst

Avis Budget Group • Parsippany, NJ

97d • $57,600 - $98,548

About The Position

Here at Avis Budget Group, you will be joining a team of 25,000 driven people, performing with purpose. Together, we’re moving the future of transportation forward with our innovative, customer-focused solutions. Our culture is performance driven, where we encourage and support each other to be at our best through leadership, training, tools, and rewards. We are proud to make a positive difference to the lives of our colleagues, customers, and communities where we operate.

Requirements

• Bachelor’s Degree
• Candidate must have at least three (3) years of experience handling workers’ compensation claims
• Understanding of reserving practices and ability to analyze reserve requests
• Overall understanding of Corporate Insurance is preferred
• Strong Understanding of workers' compensation laws and regulations, including state specific differences
• Experience working with TPAs, insurers, and defense counsel
• Strong working knowledge of claims management systems
• Financial acumen to evaluate indemnity and medical costs and reserve and settlement requests
• Strong analytical skills to evaluate claims data, spot trends, and make recommendations

Nice To Haves

• Experience in the automobile rental industry is a plus, but not required
• Proficient in excel and PowerPoint

Responsibilities

• Partner with TPAs to manage Workers Compensation claims nationwide, helping to drive the claims management process, and reviewing appropriateness of reserves and settlements.
• Work with field operations team to gather relevant documents to assist TPA with investigation and adjustment of claims.
• Assist Global Risk Management team with various tasks and projects, including reporting, exposure gathering, certificates of insurance, and invoice processing.
• Provide reporting to Senior Leadership on a regular basis.
• Identify high priority matters.
• Routinely provide feedback and data to operations to minimize company exposure and drive better business results.
• Identify changes in Workers Comp results through review of analytics, investigate reasons for changes and implement processes to improve quality of file handling.

Benefits

• Paid time off
• 401K retirement plan with company matched contributions
• Access to Medical, Dental, Vision, Life and Disability insurance
• Eligible to elect other voluntary benefits including: Group Legal, Identity Theft, Insurance, FSA, additional life insurance coverages
• Contribute up to $260 as a tax free benefit for public transportation or parking expenses
• Employee discounts, including discounted prices on purchase of Avis / Budget cars
• Access to an Employee Assistance Program for services including counseling, financial and legal consultation, referrals for care service, and more

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees