Settlement Coordinator

Phaxis; Chicago (IL); On-site; USD 45,000 - 60,000; Full time

Job summary

A legal services company in Chicago seeks a Settlement Coordinator to ensure timely collection of settlement payments and support lien resolution efforts. Key responsibilities include tracking payments, coordinating with lienholders, and collaborating with legal and finance teams. Ideal candidates will have 1-3 years of experience in collections or legal billing, along with data entry proficiency. This full-time position offers a key role in accurate and timely settlement processing.

Qualifications

• 1-3 years in collections, legal billing, or accounts receivable (law firm experience preferred).
• Strong multitasking and communication skills.
• Knowledge of Medicare or medical liens is a plus.

Responsibilities

• Track and follow up on outstanding settlement payments.
• Coordinate with lienholders and draft supporting documents.
• Maintain and update lien files and payment records.
• Collaborate with attorneys and finance staff to verify payments.
• Review settlement releases and assist with execution.

Skills

Collections experience

Legal billing

Data entry proficiency

Communication skills

Knowledge of Medicare

Education

Degree in Business, Finance, or related field

Tools

Clio

Salesforce

Job description

Overview

The Settlement Coordinator will be responsible for overseeing the timely collection of settlement payments and supporting lien resolution efforts in asbestos-related litigation. This position plays a key role in ensuring settlement processes are completed accurately and on schedule while supporting internal legal, lien, and finance teams.

Key Responsibilities

• Track and follow up on outstanding settlement payments
• Coordinate with lienholders and draft supporting documents
• Maintain and update lien files and payment records
• Collaborate with attorneys and finance staff to verify and confirm payments
• Review settlement releases and assist with execution and submission
• Identify insurance coverage from medical records or bills
• Support ongoing process improvements to accelerate settlement funding
• Handle administrative tasks related to mail and document distribution

Qualifications

• 1-3 years in collections, legal billing, or AR (law firm experience preferred)
• Proficiency with data entry and case management systems (e.g., Clio, Salesforce)
• Strong multitasking and communication skills
• Knowledge of Medicare or medical liens is a plus
• Degree in Business, Finance, or related field preferred

Seniority level

• Associate

Employment type

• Full-time

Job function

• Accounting/Auditing
• Analyst
• Finance

Industries

• Accounting
• Law Practice