Stop Loss Claims Specialist I-Specific

Allied Benefit Systems, LLC

Chicago (IL)

On-site

USD 32,000 - 33,000

Full time

6 days ago
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Benefits offered by this job

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Generous Paid Time Off
Tuition Reimbursement
EAP

Job summary

Allied Benefit Systems seeks a Stop Loss Claims Specialist I for a fully remote position. You will prepare and file medical stop loss claims, follow up with carriers, and manage reimbursements while maintaining documentation.

This role supports timely, accurate claim processing and carrier communications. The position requires a high school diploma, 1–2 years of claims experience in a self-funded environment, strong Excel skills, and clear collaboration with internal teams and carriers.

Qualifications

  • 1-2 years of claims experience in a self-funded environment.
  • Knowledge of Stop Loss concepts and policy provisions.
  • Ability to interpret contracts and SPD documents.
  • Proficiency with Microsoft Excel and Office.
  • Strong analytical and problem-solving skills.
  • Excellent written and verbal communication.
  • High attention to detail and organization.

Responsibilities

  • Compile and submit claim reports with required documentation.
  • Monitor claims status and follow up with stop loss carriers.
  • Respond to requests from carriers promptly with thorough information.
  • Coordinate with internal teams to resolve issues.
  • Prepare initial, subsequent, and year-end claim filings.
  • Appeal denials or reductions of reimbursements.

Skills

2 years claims experience
Stop Loss terminology
Interpreting Stop Loss contracts
Microsoft Excel proficiency
Analytical skills
Communication skills
Detail oriented

Education

High School diploma
Some college

Tools

Microsoft Excel

Job description

# Stop Loss Claims Specialist I-SpecificFully Remote • Allied Benefit Systems - CHICAGO, IL 60606## OverviewSalary Range$23.00 - $24.00 HourlyPosition TypeFull TimeCategoryClaims## Description**POSITION SUMMARY**The Stop Loss Claim Specialist is responsible for preparing and filing medical stop loss claims for reimbursement with stop loss carriers for individual stop loss (specific) coverage. Additional duties include following up with the various carriers to ensure reimbursements are received in time and in full. Further responsibilities include the appeals of denied and reduced claim reimbursements, along with retaining the appropriate documentation needed to support the reimbursement request.**ESSENTIAL FUNCTIONS*** Compile and submit claim reports and the necessary documentation to file a stop loss claim.* Frequently monitor the status of claims assigned and follow up with stop loss carriers.* Strong ability to answer questions and requests from stop loss carriers for additional information promptly and with thorough information in support of claim reimbursement.* Communicate with other internal departments to resolve claim issues.* Prepare both the initial, subsequent, and year end claim filings upon reconciliation of the claim activity.* Ability to manage time to file advanced funding, high dollar and renewal claim submissions per contract stipulations and department metrics.* Appeal the denials or reduction of reimbursements by the stop loss carrier.* Understand stop loss policy provisions, as well as group plan documentation in support of claim reimbursements.* Ability to adapt to new concepts and systems.* Other duties as assigned.**EDUCATION*** High School diploma or equivalent required.* Some college or equivalent work experience preferred.**EXPERIENCE AND SKILLS*** *1 to 2 years of claims experience in a self funded environment** Have a thorough knowledge of Stop Loss terminologies, concepts, and catastrophic claim handling* Ability to interpret Stop Loss contracts and Client summary Plan Descriptions (SPD).* *Stop loss filing experience preferred** Accounting or Finance background a plus.* Proficient with Microsoft Office Suite, specifically with Microsoft Excel.* Strong analytical and problem solving skills.* Excellent verbal and written communication skills.* Demonstrated elevated level of organizational skills and superior attention to detail.* Excellent time management skills with a proven ability to meet deadlines.* Demonstrated ability in developing and maintaining positive relationships with team members, internal departments, various brokers, reinsurance carriers, and clients.**POSITION COMPETENCIES*** Accountability* Communication* Customer Service Orientation* Functional/Technical Skills* Quality Focus* Time and Task Management**PHYSICAL DEMANDS*** This is a standard desk role requiring extended sitting and computer work. **WORK ENVIRONMENT*** RemoteHere at Allied, we believe that great talent can thrive from anywhere. Our remote friendly culture offers flexibility and the comfort of working from home, while also ensuring you are set up for success. To support a smooth and efficient remote work experience, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 100Mbps download/25Mbps upload. Reliable internet service is essential for staying connected and productive.The company has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.Compensation is not limited to base salary. Allied values our Total Rewards, and offers a competitive Benefit Package including, but not limited to, Medical, Dental, Vision, Life and Disability Insurance, Generous Paid Time Off, Tuition Reimbursement, EAP, and a Technology Stipend.Allied reserves the right to amend, change, alter, and revise, pay ranges and benefits offerings at any time. All applicants acknowledge that by applying to the position you understand that the specific pay range is contingent upon meeting the qualification and requirements of the role, and for the successful completion of the interview selection and process. It is at the Company's discretion to determine what pay is provided to a candidate within the range associated with the role.
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