Settlement Specialist / Senior Settlement Specialist

This is a fully remote position, open to applicants in Colorado, +8 more states.

📋 Description

• Oversee designated settlement files from initiation to final payment.

• Recognize, monitor, and resolve medical liens, provider balances, subrogation claims, as well as Medicare, Medicaid, ERISA, and other reimbursement claims.

• Liaise with clients, attorneys, providers, insurance companies, and third parties regarding the status of settlements and liens.

• Request, assess, and organize lien documentation, balances, reductions, and pertinent records.

• Negotiate lien reductions with providers and third parties based on level of experience.

• Prepare and verify settlement statements and disbursement documents for precision.

• Coordinate settlement documents for signatures, which include settlement sheets, releases, hold harmless agreements, office letters, and W-9 forms.

• Keep track of outstanding documents, checks, balances, and follow-up items.

• Ensure accurate and complete documentation within the case management system.

• Monitor overdue, returned, rejected, or reissued settlement checks.

• Review files for completeness prior to disbursement.

• Escalate complex lien matters, disputed balances, financial inconsistencies, or unusual file issues as necessary.

• Support settlement processes, file accuracy, and departmental procedures.

• May involve managing more intricate settlement files with minimal supervision.

• Handle advanced lien negotiations and higher-risk reimbursement scenarios.

• Collaborate closely with attorneys on challenging lien or settlement strategy issues.

• Review settlement files for financial accuracy and audit preparedness.

• Assist newer team members with questions related to workflow and best practices.

• Identify recurring problems and suggest process enhancements.

⛳️ Requirements

• Experience in personal injury preferred.

• Previous experience in settlement, lien resolution, case management, or legal support is preferred.

• Familiarity with Medicare, Medicaid, ERISA, medical liens, and subrogation claims is advantageous.

• Exceptional attention to detail and accuracy in documentation.

• Strong organizational skills and ability to follow up effectively.

• Capability to manage multiple files, deadlines, and varying elements.

• Excellent written and verbal communication skills.

• Strong financial accuracy and skills in settlement mathematics.

• Professional communication ability with clients, attorneys, providers, and insurance representatives.

• Proficient in Excel, Outlook, and case management systems.

• Bilingual in English and Spanish is a plus.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with company matching.

• Opportunities for professional development and career advancement.

• Flexible work hours and remote working options available.