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Albany Medical College

Biotech discovery, development, and commercialization hub

Risk Claims Manager

Full-Time
$77.1k - $119.5k
Mid
Master's, Bachelor of Science (BS)
Albany, NY, USA
In Person
InsuranceClaims Adjudication

About the job

Requirements
  • A high school degree is required.
  • A Bachelor of Science in Business, Law, or a related field is required.
Responsibilities
  • Develop litigation strategies for managing claims and work with outside counsel on engaging experts, life care planners, and structure brokers, and on settlement strategies.
  • Establish claims files immediately.
  • Conduct all interviews within specified timeframes.
  • Work with outside counsel to gather information for the defense.
  • Respond to discovery demands.
  • Manage the reserve process by reviewing cases with the Vice President.
  • Check reserve adequacy by reviewing with defense counsel semi-annually.
  • Track litigation and anticipate trial, discovery, and disclosure dates in accordance with Litigation Management Guidelines.
  • Manage expert retention according to the established process.
  • Schedule related litigation meetings, pre-depositions, depositions, and trial-related activities, internally and externally.
  • Assume day-to-day responsibility for data entry of all claims, suits, and potentials in Stars.
  • Maintain regulatory compliance by reporting and updating all MMERS/MMDCS in the DOH system.
  • Prepare clinical service reports for the Vice President to present claims data to Department Chairmen.
  • Maintain accuracy of the SharePoint litigation tracker for electronic requests and audit trails.
  • Complete PPR/Joint Commission standards in the AMP system.
Desired Qualifications
  • A master's degree in Health Law is preferred.

About the company

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Albany Medical College

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The Biomedical Acceleration and Commercialization Center (BACC) at Albany Medical College focuses on turning bio-discovery into real healthcare products and services. It runs an ecosystem that brings together entrepreneurs, inventors, academic researchers, and students to refine technologies, access resources and facilities, and connect with mentors and industry experts to grow biotech ventures. Unlike groups that only do research or funding, BACC provides hands-on support, space, and connections to help ideas move toward commercial development and broader patient impact. Its goal is to discover, develop, and accelerate breakthrough biotechnologies that improve patient experiences and outcomes while contributing to regional economic growth.

Company Size

1-10

Company Stage

N/A

Total Funding

N/A

Headquarters

Albany, New York

Founded

2014

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Simplify's Take

What believers are saying

  • June 2026 NIH funding expanded Albany Med research on nerve-disease therapeutics.
  • August 2026 robotic Whipple surgery showed advanced surgical capability and regional referral strength.
  • The 2026 class graduated 200+ degrees, signaling stable demand for AMC training programs.

What critics are saying

  • LCME full reaccreditation lands in 2026, creating a near-term existential compliance test.
  • Albany Med cited a $66 million operating loss and cut 37 positions in 2022.
  • Liebman and Miles sued Albany Medical Center in 2022, alleging retaliation and discrimination.

What makes Albany Medical College unique

  • Albany Med's OTR absorbed BACC, uniting commercialization, licensing, and clinical immersion in one shop.
  • The college combines MD training, residencies, and translational research across 46 programs.
  • Its Capital Region ecosystem links entrepreneurs to labs, clinicians, and university partners.

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Benefits

  • Health Insurance
  • Paid Vacation
  • Paid Sick Leave