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Workers Compensation and Risk Management Analyst
Workers Compensation and Risk Management AnalystAvis Budget Group • Parsippany, NJ, US
Workers Compensation and Risk Management Analyst

Workers Compensation and Risk Management Analyst

Avis Budget Group • Parsippany, NJ, US
30+ days ago
Job type
  • Full-time
Job description

Claims Management Specialist

Here at Avis Budget Group, you will be joining a team of 25,000 driven people, performing with purpose. Together, we're moving the future of transportation forward with our innovative, customer-focused solutions. Our culture is performance driven, where we encourage and support each other to be at our best through leadership, training, tools, and rewards. We are proud to make a positive difference to the lives of our colleagues, customers, and communities where we operate.

What You'll Do

  • Partner with TPAs to manage Workers Compensation claims nationwide, helping to drive the claims management process, and reviewing appropriateness of reserves and settlements.
  • Work with field operations team to gather relevant documents to assist TPA with investigation and adjustment of claims.
  • Assist Global Risk Management team with various tasks and projects, including reporting, exposure gathering, certificates of insurance, and invoice processing.
  • Provide reporting to Senior Leadership on a regular basis. Identify high priority matters. Routinely provide feedback and data to operations to minimize company exposure and drive better business results.
  • Identify changes in Workers Comp results through review of analytics, investigate reasons for changes and implement processes to improve quality of file handling.

You Should Apply If You Bring

  • Bachelor's Degree
  • Candidate must have at least three (3) years of experience handling workers' compensation claims.
  • Understanding of reserving practices and ability to analyze reserve requests.
  • Overall understanding of Corporate Insurance is preferred.
  • Strong Understanding of workers' compensation laws and regulations, including state specific differences.
  • Experience working with TPAs, insurers, and defense counsel.
  • Strong working knowledge of claims management systems.
  • Financial acumen to evaluate indemnity and medical costs and reserve and settlement requests.
  • Strong analytical skills to evaluate claims data, spot trends, and make recommendations.
  • Experience in the automobile rental industry is a plus, but not required.
  • Proficient in excel and PowerPoint.
  • Benefits You'll Receive

  • Paid time off
  • 401K retirement plan with company matched contributions
  • Access to Medical, Dental, Vision, Life and Disability insurance
  • Eligible to elect other voluntary benefits including : Group Legal, Identity Theft, Insurance, FSA, additional life insurance coverages
  • Contribute up to $260 as a tax free benefit for public transportation or parking expenses
  • Employee discounts, including discounted prices on purchase of Avis / Budget cars
  • Access to an Employee Assistance Program for services including counseling, financial and legal consultation, referrals for care service, and more
  • The annual starting salary for this position is between $57,600 $98,548 annually. Factors that may affect starting pay within this range include geography / market, skills, education, experience, and other qualifications of the successful candidate.

    Avis Budget Group is an Equal Opportunity Employer Qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran or any other category protected by applicable law. This advertisement does not constitute a promise or guarantee of employment. This advertisement describes the general nature and level of this position only. Essential functions and responsibilities may change as business needs require. The compensation and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, with or without notice, subject to applicable law. This position may be with any affiliate of Avis Budget Group.

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    Compensation Analyst • Parsippany, NJ, US

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