Stop Loss Claims Specialist I-Specific

Allied Benefit Systems, LLC; Chicago, Northern (IL, KY); Hybrid; USD 32,000 - 47,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Paid Time Off

Tuition Reimbursement

Technology Stipend

Job summary

Allied Benefit Systems, LLC in Chicago is seeking a Stop Loss Claim Specialist to prepare and file medical stop loss claims for reimbursement with carriers. You will follow up to ensure timely payments, appeal denials, and maintain documentation for audit readiness.

The role requires 1–2 years of claims experience, familiarity with stop loss terminology, and strong Excel and communication skills. This remote-friendly position supports flexible work arrangements while maintaining professional

Qualifications

• 1–2 years of claims experience in a self-funded environment.
• Strong knowledge of stop loss terminology and policy provisions.
• Ability to interpret client SPD and contracts.

Responsibilities

• Prepare and file stop loss claims for reimbursement with carriers.
• Monitor claim status and follow up with carriers to secure timely reimbursements.
• Handle denials/reductions and prepare appeals with supporting documentation.
• Coordinate with internal departments to resolve claim issues.
• Prepare initial, subsequent, and year-end filings per contract and metrics.

Skills

Excel

Analytical skills

Communication

Time management

Education

High School diploma

Some college or equivalent

Tools

Microsoft Office Suite

Stop Loss filings

Job description

Job DetailsJob Location: Allied Benefit Systems - CHICAGO, IL 60606Position Type: Full TimeSalary Range: $23.00 - $34.00 HourlyJob Category: Claims

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

Remote

Here 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.