Claims Analyst

Danvers, MA Full Time
POSTED ON 4/3/2024

HRMP, a Jencap company, is a third-party administrator for risk takers and is uniquely positioned to offer business solutions to carriers, reinsurers, and underwriters. We provide a variety of services and solutions within the insurance market such as stop-loss program administration, group life and medical conversions, auditing services, back office or run-out administration, quota share and excess medical reinsurance. 

HRMP, a Jencap company, is a third-party administrator for risk takers and is uniquely positioned to offer business solutions to carriers, reinsurers, and underwriters. We provide a variety of services and solutions within the insurance market such as stop-loss program administration, group life and medical conversions, auditing services, back office or run-out administration, quota share and excess medical reinsurance. 

The Claims Analyst will work a hybrid schedule reporting to our Jencap office in Danvers, MA. We are also accepting remote applicants depending upon location. 

Responsibilities: 

  • Coordinates directly with Senior Claims Analyst, Manager, and Managing Director.
  • Guides claims admin staff as necessary.
  • Coordinates closely with Policy Issuance and Accounting departments.
  • Processes/reviews 50% notifications
  • Establishes proof of loss by reviewing medical documentation presented, requesting additional information from sources such as administrator, broker, hospital, physician, etc.
  • Adjudicates claims in medical stop loss system (ESL) and or (UGAN) approving, denying based on compliance with SPD and Stop loss policy.
  • Applies Anti-Fraud Guidelines as appropriate.
  • Claims authority determined based upon experience and client requirements.
  • Maintain confidentiality and comply with Health Insurance Portability and Accountability Act (HIPAA) and California Fair Claims Settlement Practices,
  • Knowledge of CPT/HCPCS, Revenue and ICD9 to ICD10 coding procedures and guidelines

Requirements: 

  • Minimum of two (2) plus years medical stop loss claims processing
  • Flexibility to handle multiple priorities while maintaining high level of professionalism. Must be able to work well independently or in a team environment.
  • Proficiency using Microsoft office products.
  • Working knowledge of David Young (ESL System) and/or Kevin Ugan system.

 

Salary.com Estimation for Claims Analyst in Danvers, MA
$80,742 to $101,795
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