Northwestern Mutual

DI Claims Specialist

Wisconsin, United States

$57,470 – $111,540Compensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor's degree or equivalent work experience, with 1-3 years of relevant experience demonstrating analytical ability, independent decision-making, and sound judgment in applying guidelines. Strong organizational and communication skills, particularly written communication, are essential, along with the ability to collaborate effectively within and across teams.

Responsibilities

The DI Claims Specialist will determine benefit applicability by interpreting contract provisions and maintaining consistency with the company's disability benefits claim philosophy. This role involves ordering and reviewing medical, financial, and investigative information to assess claim eligibility, actively managing a caseload of pending and active claim files, and making decisions regarding claim approval, denial, continuation, and termination. Responsibilities also include communicating with insureds, field representatives, medical practitioners, attorneys, other insurance companies, financial advisors, employers, and governmental agencies, which may involve negotiation and conflict resolution. The specialist may represent the company in legal matters, including depositions and trials, and is responsible for preserving the company's image and reputation in benefit decisions.

Skills

Disability Claims Administration
Contract Interpretation
Medical Records Review
Financial Records Review
Claim Evaluation
Decision Making
Communication
Negotiation
Conflict Resolution
Analytical Ability
Independent Decision-Making
Judgment
Collaboration
Organization
Written Communication

Northwestern Mutual

Provides financial security services, and wealth management

About Northwestern Mutual

Northwestern Mutual offers personalized financial planning, life insurance, and investment services, leveraging leading-edge technology to manage over $125 billion in client assets for more than 4.5 million clients.

Milwaukee, WisconsinHeadquarters
1856Year Founded
N/ACompany Stage
Consulting, Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Growing your Career
Compensation & Time Off
Insurance plans
Health Savings Account
Wellness programs & resources
401(k) plan and cash balance contributions

Risks

Fintech platforms like Carefull challenge traditional financial advisory services.
Internal competition may arise from Wellthi's focus on the Black community.
Customer dissatisfaction may grow due to increased retirement age expectations.

Differentiation

Northwestern Mutual maintains the highest financial strength ratings in the industry.
The company launched 'The Great Realization' campaign to refocus customer priorities.
Northwestern Mutual offers a unique Long-Term Advantage product with life insurance benefits.

Upsides

The aging population increases demand for retirement planning and long-term care solutions.
Partnerships with tech firms enhance Northwestern Mutual's data analytics capabilities.
Digital transformation in insurance leads to more personalized customer experiences.

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