Full-Time

Worker Compensation Claims Specialist

Confirmed live in the last 24 hours

Foundation Risk Partners

Foundation Risk Partners

201-500 employees

Insurance brokerage and consulting services

Consulting
Financial Services

Compensation Overview

$65k - $70kAnnually

Junior, Mid

Uniondale, NY, USA

Category
Insurance
Finance & Banking
Requirements
  • Strong computer literacy
  • Knowledge of insurance related laws and medical and legal terminology
  • Excellent written/oral communication skills and ability to interact with personnel at various levels
  • Excellent organizational skills
  • Strong sense of accuracy and attention to detail
  • Ability to exercise tact and discretion in handling of confidential material
  • Ability to manage multiple projects, tasks and priorities to achieve desired goals
  • Ability to work effectively with employees at all levels within the organization
  • 2 years insurance industry experience preferred
  • Associates degree preferred, or equivalent years of experience
Responsibilities
  • Responsible for managing data extraction regarding potential Claims from fax, email or other communication sources.
  • Examine, evaluates claims for denial, subrogation and possible fraud and report to
  • Enter claims in system; review claims, update/correct information in system
  • Assist in maintaining all medical documentation and records regarding workers’ compensation cases
  • Make & maintain contacts (4 point contact) 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 when needed.
  • Ensure all claimants complete all necessary paperwork regarding claim case, i.e. incident report, medical release form, LD forms and special programs are being carried out initially.
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 sets them apart from other insurance firms. The primary goal of Foundation Risk Partners is to achieve high levels of success for their partners and deliver exceptional results for their clients.

Company Stage

Debt Financing

Total Funding

$2M

Headquarters

Daytona Beach, Florida

Founded

2017

Growth & Insights
Headcount

6 month growth

9%

1 year growth

13%

2 year growth

30%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for cyber insurance boosts potential revenue streams.
  • Growing interest in parametric insurance offers new product opportunities.
  • AI integration in underwriting enhances risk assessment and pricing accuracy.

What critics are saying

  • Competition from digital platforms may erode market share.
  • Rising interest rates could slow down acquisition-driven growth.
  • Regulatory scrutiny on commissions may impact revenue models.

What makes Foundation Risk Partners unique

  • Foundation Risk Partners leverages decades of insurance expertise and leadership.
  • The company focuses on a strategic mix of industry expertise and cultural fit.
  • Foundation Risk Partners is expanding through both acquisition and organic growth.

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