Nationwide

Claims Specialist I, Workers Compensation

United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

Candidates should have 1-3 years of workers compensation or work loss claims experience, prior insurance carrier experience is preferred, and a casualty claims or medical background is highly preferred. Strong written and verbal communication skills are required, along with demonstrated customer service expertise and a desire to provide prompt, courteous, and fair service to customers.

Responsibilities

As a Claims Specialist, you will investigate medical and/or loss-of-time workers’ compensation claims with limited exposures from multiple states to determine compensability, entitled benefits, and average weekly wage according to the applicable state workers’ compensation statute. You will provide appropriate notices to policyholders and injured employees, complete and file notices of injury, employ claims management techniques, maintain contact with customers and injured workers, utilize nurse case management services, evaluate exposures, manage case reserves, and document claim activity. You will also consult with internal specialists, evaluate pertinent information, pursue return to work initiatives, and negotiate settlements as appropriate, all while adhering to company policies and procedures and making decisions within delegated authority.

Skills

Casualty claims
Medical background
Workers compensation claims
Investigation
Negotiation
Customer service
Communication

Nationwide

Provides insurance and financial services

About Nationwide

Nationwide provides insurance and financial services to individuals and businesses across the United States. Their product offerings include auto, home, life, and commercial insurance, as well as retirement and investment solutions. The company operates by underwriting insurance policies and managing investment portfolios, earning revenue through premiums, investment income, and fees for financial services. What sets Nationwide apart from its competitors is its focus on leveraging technology to improve claims processing and policy management, along with its commitment to customer service. Additionally, Nationwide partners with organizations to offer financial education resources, particularly for retirees, aiming to ensure financial security and protect the futures of its clients.

Columbus, OhioHeadquarters
1925Year Founded
$769.7MTotal Funding
N/ACompany Stage
Consulting, Financial ServicesIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Holidays
401(k) Retirement Plan
401(k) Company Match

Risks

Competition from insurtech startups like Nexar may challenge Nationwide's market share.
AI-driven platforms like Planck could disrupt traditional insurance models.
Partnerships with AI firms may require significant tech investment and integration efforts.

Differentiation

Nationwide invests in tech-driven platforms like YellowBird and Betterview to enhance services.
Partnership with CLARA Analytics shows Nationwide's focus on AI for operational efficiency.
Collaboration with Funding Circle highlights Nationwide's support for small business growth.

Upsides

Nationwide's $56M loan to Whitestone REIT diversifies its investment portfolio.
Investments in AI and tech platforms could streamline operations and reduce costs.
Supporting small businesses may expand Nationwide's customer base and strengthen relationships.

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