Coverage Specialist Salary in Wilmington, NC

AML Coverage Strategy Specialist - Average Salary $98,196

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Insurance Coverage Analyst IV - Average Salary $116,140

The Insurance Coverage Analyst IV collects, classifies, and analyzes data from multiple sources such as audits, claims, renewals, and financial reporting. Analyzes the insurance needs of an organization to provide optimum coverage, costs, and claim settlements. Being an Insurance Coverage Analyst IV evaluates insurance proposals and makes recommendations. Creates risk forecasting models and reporting using business intelligence tools. In addition, Insurance Coverage Analyst IV negotiates insurance premiums and coverage terms directly with insurance companies and/or through brokers. Collaborates with cross-functional teams to ensure reporting and processing of all policy audits, payments, claims, and renewals. Supports loss prevention and safety initiatives. Reviews insurance policies for accuracy and works with brokers and underwriters to resolve discrepancies. Requires a bachelor's degree. Typically reports to a manager. Being an Insurance Coverage Analyst IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as an Insurance Coverage Analyst IV typically requires 7+ years of related experience.

Coverage Analyst - Average Salary $69,761

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PMHNP Coverage - Average Salary $79,807

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VP of Insurance Coverage - Average Salary $213,600

The VP of Insurance Coverage is responsible for planning and directing the design, development, and implementation of an insurance program that manages risk and minimizes costs. Provides leadership, innovation, and oversight over an organization's overall insurance program. Being a VP of Insurance Coverage defines and prioritizes team needs and leads the overall insurance strategy. Develops strategic objectives and policies to ensure effective insurance coverage for the organization. In addition, VP of Insurance Coverage approves policy renewals and applications. Requires a bachelor's degree. Typically reports to top management. The VP of Insurance Coverage manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Working as a VP of Insurance Coverage typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.