Financial Representative

Sedgwick Claims Management Services Ltd; Eden Prairie (MN); On-site; USD 66,125,000 - 71,635,000; Full time

Job summary

Sedgwick is seeking a Financial Representative in Minnesota to calculate employee benefit overpayments and obtain reimbursements from disability and workers' compensation cases. You will ensure compliance with recovery procedures, maintain quality control, and coordinate recovery activities across cases.

The role requires a Bachelor's degree or equivalent, three years of financial experience, and strong communication and negotiation skills.

Qualifications

• Education & Licensing Bachelor's degree from an accredited college or university preferred.
• Licenses as required.
• Experience Three (3) years of financial experience or equivalent combination of education and experience required.

Responsibilities

• Ensures compliance with established recovery procedures and standards.
• Maintains quality control.
• Conducts periodic file reviews of team members' files.
• Provides payroll administration services for claimants receiving payments from outside of company systems.
• Coordinates recovery activity on assigned cases.
• Refers cases to collection agencies as applicable.
• Notifies employees verbally and in writing of claim overpayments.
• Responsible for manual calculations of employee benefit overpayments.

Skills

Claims management knowledge

Recovery knowledge

Communication skills

Microsoft Office

Analytical skills

Organization skills

Interpersonal skills

Negotiation skills

Judgment and discretion

Teamwork

Performance competencies

Education

Bachelor's degree

Tools

Microsoft Office Suite

Job description

By joining Sedgwick, you'll be part of something truly meaningful. It's what our 33,000 colleagues do every day for people around the world who are facing the unexpected. We invite you to grow your career with us, experience our caring culture, and enjoy work-life balance. Here, there's no limit to what you can achieve. Newsweek Recognizes Sedgwick as America's Greatest Workplaces National Top Companies Certified as a Great Place to Work® Fortune Best Workplaces in Financial Services & Insurance Financial Representative.

PRIMARY PURPOSE:

To calculate employee benefit overpayments; and to obtain reimbursements from overpaid disability and worker's compensation cases.

ESSENTIAL FUNCTIONS and RESPONSIBILITIES

• Ensures compliance with established recovery procedures and standards.
• Maintains quality control.
• Conducts periodic file reviews of team members' files.
• Provides payroll administration services for claimants receiving payments from outside of company systems.
• Coordinates recovery activity on assigned cases.
• Refers cases to collection agencies as applicable.
• Notifies employees verbally and in writing of claim overpayments.
• Responsible for manual calculations of employee benefit overpayments.

ADDITIONAL FUNCTIONS and RESPONSIBILITIES

• Performs other duties as assigned.
• Supports the organization's quality program(s).

QUALIFICATIONS

• Education & Licensing Bachelor's degree from an accredited college or university preferred.
• Licenses as required.
• Experience Three (3) years of financial experience or equivalent combination of education and experience required.
• Claims management experience preferred.

SKILLS & KNOWLEDGE

• Good knowledge of claims management
• Technical knowledge of recovery requirements
• Excellent oral and written communication, including presentation skills
• PC literate, including Microsoft Office products
• Analytical and interpretive skills
• Strong organizational skills
• Excellent interpersonal skills
• Excellent negotiation skills
• Good judgment and discretion skills
• Ability to work in a team environment
• Ability to meet or exceed Performance Competencies

WORK ENVIRONMENT

When applicable and appropriate, consideration will be given to reasonable accommodations. Mental: Clear and conceptual thinking ability; excellent judgment, troubleshooting, problem solving, analysis, and discretion; ability to handle work-related stress; ability to handle multiple priorities simultaneously; and ability to meet deadlines Physical: Computer keyboarding, travel as required Auditory/Visual: Hearing, vision and talking.

For the jurisdiction noted in this job posting only, the range of starting pay for this role is $24.00 USD hourly.

A comprehensive benefits package is offered including but not limited to, medical, dental, vision, 401k and matching, PTO, disability and life insurance, employee assistance, flexible spending or health savings account, and other additional voluntary benefits.

Sedgwick is an Equal Opportunity Employer and a Drug-Free Workplace.

Sedgwick is building a diverse, equitable, and inclusive workplace and recognizes that each person possesses a unique combination of skills, knowledge, and experience.

Sedgwick is the world's leading risk and claims administration partner, which helps clients thrive by navigating the unexpected. The company's expertise, combined with the most advanced AI-enabled technology available, sets the standard for solutions in claims administration, loss adjusting, benefits administration, and product recall. With over 33,000 colleagues and 10,000 clients across 80 countries, Sedgwick provides unmatched perspective, caring that counts, and solutions for the rapidly changing and complex risk landscape. For more, see sedgwick.com