Full-Time

Worker Compensation Claims Specialist

Posted on 1/17/2025

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

Requires on-site presence at Rockville, NY office 5 days a week.

Category
Insurance
Finance & Banking
Required Skills
Risk Management
Requirements
  • Proficient computer skills
  • Knowledge of insurance related laws and medical and legal terminology
  • Excellent written/verbal 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
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
Desired Qualifications
  • 2 years insurance industry experience preferred
  • Associates degree preferred, or equivalent years of experience
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 through both acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized services. Foundation Risk Partners distinguishes itself from competitors by emphasizing a strategic growth approach that aligns with its values and cultural fit, allowing for a more personalized client experience. The primary goal of Foundation Risk Partners is to achieve new levels of success for its partners while delivering exceptional results for its clients.

Company Stage

Debt Financing

Total Funding

$2M

Headquarters

Daytona Beach, Florida

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-5%

2 year growth

-5%
Simplify Jobs

Simplify's Take

What believers are saying

  • AI integration decreases cycle times by up to 90% for certain activities.
  • Prospect conversion rates have increased by up to 50% with AI solutions.
  • Expansion into Baldwin, New York, supports regional growth and client access.

What critics are saying

  • Increased reliance on AI may expose the company to technology failures.
  • Rapid expansion could lead to integration challenges and cultural clashes.
  • Data privacy scrutiny could impact operations if compliance is not maintained.

What makes Foundation Risk Partners unique

  • Foundation Risk Partners leverages AI to enhance risk analysis report processing.
  • The company focuses on a strategic mix of industry expertise and cultural fit.
  • Foundation Risk Partners is rapidly expanding through acquisitions and organic growth.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Holidays

Paid Vacation