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Full-Time

Claims Specialist

Posted on 4/18/2024

Foundation Risk Partners

Foundation Risk Partners

201-500 employees

Insurance brokerage and consulting services

Consulting
Financial Services

Compensation Overview

$65k - $70kAnnually

Junior

Uniondale, NY, USA

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Communications
Requirements
  • Strong computer literacy
  • Knowledge of insurance related laws and medical and legal terminology
  • Excellent written/oral communication skills
  • Excellent organizational skills
  • Ability to exercise tact and discretion in handling of confidential material
  • Ability to manage multiple projects, tasks, and priorities
  • Ability to work effectively with employees at all levels within the organization
Responsibilities
  • Manage data extraction regarding potential Claims
  • Examine and evaluate claims for denial, subrogation, and possible fraud
  • Enter claims in the system and update/correct information
  • Assist in maintaining all medical documentation and records regarding workers’ compensation cases
  • Make and maintain contacts with client, adjuster, employee, and provider
  • Report claims to carrier and VP of Risk Management
  • Manage correspondence, answer emails and phone calls, note files
  • Participate in claims reviews with Client representatives
  • Ensure all claimants complete necessary paperwork regarding claim case
Foundation Risk Partners

Foundation Risk Partners

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Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized offerings. Their approach combines expertise in various sectors with a commitment to understanding client needs, which helps them deliver effective insurance solutions. Unlike many competitors, Foundation Risk Partners emphasizes a strong cultural fit and shared values with their partners, aiming to foster long-term relationships. The primary goal of the company is to achieve new levels of success for their partners while ensuring high-quality results for their clients.

Company Stage

N/A

Total Funding

$2M

Headquarters

Daytona Beach, Florida

Founded

2017

Growth & Insights
Headcount

6 month growth

11%

1 year growth

13%

2 year growth

30%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Partners Group could provide significant financial backing and resources for further expansion.
  • New executive leadership may bring fresh perspectives and innovative strategies to the company.
  • Expansion into new offices, such as in Baldwin, New York, indicates ongoing growth and opportunities for employees.

What critics are saying

  • Rapid expansion through acquisitions may lead to integration challenges and cultural misalignment.
  • Changes in executive leadership can create uncertainty and potential strategic shifts that may not align with all employees.

What makes Foundation Risk Partners unique

  • Foundation Risk Partners focuses on a strategic mix of industry expertise, specialized services, and cultural fit, setting it apart from more generalized insurance brokers.
  • Their rapid growth through both acquisitions and organic means demonstrates a robust and adaptable business model.
  • The company's commitment to superior client results and partner success drives a high level of service and client satisfaction.

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