Public Storage Plano , TX 75023
Posted 2 weeks ago
Job Description
We currently have an exciting opportunity for a Workers Compensation Claims Manager to join our Risk Management team based in Plano, TX. This individual will be responsible for administering the insurance claims process for corporate-wide workers compensation with the objective of closing each claim fairly & quickly, and at the lowest possible cost. The Workers Compensation Claims Manager negotiates and maintains relationships with third party administrators. Also, develops, trains and monitors internal claims handling policies and procedures.
Responsibilities
Administer and supervise the claims functions of corporate workers compensation for the Company to ensure effective and timely claims processing
Coordinate and provide information and responses required by adjusters internally in order to adjust claim
Oversee tracking of losses and provide monthly updates on open claims
Develop guidelines and procedures for incident reporting and claims handling
Approve payments and denials to claimants
Compile, review, order or issue any necessary forms for compliance with applicable laws for workers compensation
Gather and prepare information for submission to potential insurance carriers at the request of senior management
Negotiate TPA Contracts and monitor service
Coordinate and attend Claims Review Meetings
Work with Legal Department on litigated claims and provide with appropriate documentation as required
Support to DMs, RMs, RVPs and field personnel with training and support of claims handling process and procedure
Prepare and analyze reports on monthly and quarterly basis
Evaluate trends to support loss prevention
Attend monthly P&L Meeting
Review TPA and other vendor billings for accuracy
Provide counsel and advice to management at all levels regarding workers compensation matters
Interface with employees, managers, insurance carriers, medical personnel and attorneys regarding workers compensation claims, issues, questions and other related matters
Oversee reporting of claims and compliance with state filing requirements
Oversee medical utilization
Review and analyze all claims; identify claims with potential exposure to high losses
Coordinate with insurance carrier to create a structured action plan to reach cost effective resolution of claims
Monitor claim activity and proper reserve practices by the TPA
Participate in negotiations for claim settlements
Schedule and coordinate periodic file reviews. Monitor follow through and completion of all action plans for reviewed claims
Responsible for claims administration and calculation of statistics and maintenance of OSHA logs
Work closely with claims adjusters, medical providers and various internal departments to reach claim resolution
Assist in developing systems to track, monitor, audit and prepare reports regarding workers compensation
Interpret laws and regulations, determine appropriate course of action and present solutions to resolve claims
Maintain and develop knowledge of workers compensation regulations, laws and related Company policies and procedures
Investigate accident and/or safety occurrences and review safety reports, taking appropriate action to ensure unsafe situations are resolved
Research and resolve workers compensation related questions and/or problems
Keep management informed on any issues or problems which may impact the operations of the Company
Attend meetings, seminars and conferences with respect to workers compensation issues and concerns
Public Storage