Full-Time

Workers’ Compensation Claims Associate

Posted on 10/9/2024

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Entry, Junior

No H1B Sponsorship

Pennsylvania, USA + 3 more

More locations: Richmond, VA, USA | Chicago, IL, USA | San Antonio, TX, USA

Hybrid role requiring at least three days per week on-site in Richmond, PA, San Antonio, TX, or Chicago, IL.

Category
Insurance
Finance & Banking
Requirements
  • Must have good business acumen (i.e. understand how an insurance company works and makes money, including how this role impacts both Argo Group and our customers’ ability to be profitable).
  • A knowledge of adjudicating workers' compensation claims through various years of experience based on the level of the role.
  • Bachelor’s degree from an accredited university preferred (but not required).
  • Ability to prioritize workload and handle multiple tasks.
  • Ability to articulate the financial value of your work at multiple responsibility levels inside our clients’ business which may include the CEO.
  • Exhibit a natural curiosity.
  • Desire to work in a fast-paced environment.
  • Excellent evaluation and strategic skills required.
  • Strong claim negotiation skills a must.
  • Must possess a strong customer focus.
  • Must work independently and demonstrate the ability to exercise sound judgment.
  • Proficient in MS Office Suite and other business-related software.
  • Polished and professional written and verbal communication skills.
  • Ability to travel, sometimes overnight, approximately 10% of the time.
  • The ability to read and write English fluently is required. The ability to read and write Spanish fluently is strongly preferred but not required.
  • Must demonstrate a desire for continued professional development through continuing education and self-development opportunities.
Responsibilities
  • Under close/moderate supervision and guidance, analyzing claim forms, policies and endorsements, client instructions and other records to determine whether the loss falls within the policy coverage.
  • Investigating the claim - this requires calling the claimant, insured employer, healthcare provider, and witnesses to determine compensability issues, status of claims (medical only or indemnity), and subrogation potential.
  • Denying any claims that are not covered or do not meet compensability criteria and successfully defending that decision if challenged.
  • Actively managing medical only claims to ensure only medical bills appropriate to the claim are paid on a timely basis.
  • Managing a diary, completing tasks and applying creative solutions to ensure that cases are resolved timely and at the right financial outcome.
  • Properly setting claim reserves.
  • Identifying and directing the assignment and coordination of expertise resources to assist in case resolution.
  • Negotiating settlements.
  • Preparing reports for file documentation.
  • Processing mail and prioritizing workload.
  • Responsible for telephone calls from various parties (insured, claimant, medical facilities, etc.).
  • Having an appreciation and passion for strong claim management.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Argo distinguishes itself from competitors by its commitment to corporate responsibility, community engagement, and fostering an inclusive workplace that supports personal and professional growth. The company's goal is to ensure mutual success for its clients while actively participating in initiatives related to diversity, sustainability, and disaster relief.

Company Stage

IPO

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Digital transformation in insurance boosts demand for Argo Interactive's mobile services.
  • Parametric insurance products offer Argo innovation opportunities in specialty insurance.
  • AI in underwriting enhances Argo's risk assessment and operational efficiency.

What critics are saying

  • Leadership changes may cause strategic instability post-Brookfield acquisition.
  • Talent drain impacts operations, as seen with departures to competitors.
  • Niche market focus exposes Argo to industry-specific risks and liabilities.

What makes Argo Group unique

  • Argo specializes in niche markets like construction, marine, and energy sectors.
  • The company offers tailored insurance solutions for complex and unique risks.
  • Argo is committed to corporate responsibility and community engagement.

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