Workers Compensation Consultant

Minneapolis, Minnesota, United States of America

Claims

2601O0

Apply now

Minneapolis, Minnesota, United States of America

Claims

2601O0

Apply now

Working at Lockton

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

About the Position

Lockton is a global professional services firm with 6,500 Associates who advise clients on protecting their people, property and reputations. Lockton has grown to become the world's largest privately held, independent insurance broker by helping clients achieve their business objectives. To see the latest insights from Lockton's experts, check Lockton Market Update.

A few of the reasons Associates love working at Lockton include:

Opportunities for growth and advancement, including paid training and professional development
12-week paid parental leave
A huge emphasis on community involvement
Frequent athletic and wellness events
Incredibly generous rewards; US Associates receive a Rolex for their 10 year anniversary!

Business unit

Founders Series

Salary

$80,000-$100,000

Schedule

Full-time

Lockton Benefits Offerings

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Workplace

In Office

Your Responsibilities

Monitors claims activities and results, facilitating the resolutions of claims as needed
Functions as liaison between Clients and insurance carriers, advocating for the best outcome for the Client while respecting Insurance Carrier
Ensures the accuracy and completeness of claim forms
Reviews claim status, action plans, and reserves by applying advanced problem solving skills
Challenges adjusted as warranted, while advocating the best outcome for Client in accordance with Lockton Company service standard
Coordinates and perform cost containment surveys to evaluate Client’s existing cost management programs
Negotiates changes in reserves for a positive Client outcome
Provides status reports to Clients, also ensuring internal Clients are well informed
Analyzes data from claims carriers, generates reports with findings, and recommends a business plan and strategy for current and prospective Clients
Evaluates Client’s existing claim program and Client needs
Develops and implements Claims Management Programs, with periodical post-implement reviews
Coordinates Client meetings to review claims programs
Develops yearly service plans for each Client’s policy
Coordinates and attends regularly scheduled claims review meetings with Clients
Develops audit sheets, summarized findings and calculations with a writer report
Leads wrap-up audit meetings
Reviews loss history, providing recommendations to improve Client position
Cultivates strong working relationships with stakeholders, including: Clients, Producers, Client service staff, and Carriers
Researches industry trends and governmental regulations
Performs other responsibilities and duties as needed

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Qualifications

Bachelor of Arts or Sciences degree in business field, related field, or equivalent practical insurance claim management experience
Substantial knowledge of the practices and procedures of Third Party Administrators, and the skill to effectively develop long term partnerships that meet client expectations and needs
Proven experience in the evaluation of the accuracy of property and casualty claim reserving practices
Strong knowledge the evaluation, interpretation and communication of insurance claims and coverage
Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)
Strong verbal and interpersonal communication skills required
Understands industry trends and governmental regulations
Ability to complete continuing education requirements as needed
Ability to attend company, department, and team meetings as required, including industry training sessions
Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information
Ability to efficiently organize work and manage time in order to meet deadlines
Ability to travel by automobile and aircraft
Ability to use office equipment such as a computer, keyboard, calculator, photocopier, and facsimile machine
Ability to work on a computer for a prolonged amount of time
Ability to work outside of normal business hours as needed
Legally able to work in the United States

Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 13,100+ Associates doing business in over 155 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.

Learn more about your Lockton experience

No Agencies Please

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.