<p>WHO WE ARE IMT is proud of our heritage and will never forget where our roots are firmly planted Locally run from its office in West Des Moines Iowa IMT has been a Midwest company since it was founded in Wadena Iowa in 1884 Thats 140 years Today IMT continues to offer a strong line of personal and commercial insurance products for which it has always been known along with exceptional service for a competitive price Our products are offered through Independent Agents throughout a six state territory Iowa Illinois Minnesota Nebraska South Dakota and Wisconsin WORKERS COMPENSATION SPECIALIST IMT Insurance is seeking an individual to fill the position of Workers Compensation Specialist In this position you will be responsible for managing and overseeing a significant portfolio of claims requiring advanced knowledge and decision making skills Other duties will include high value or high complexity claims where deeper investigative work negotiation and coordination with external parties ie legal counsel medical providers third party administrators are required You will also play a leadership role providing guidance and mentorship to junior staff while managing cases independently or with minimal supervision If you are a detail oriented self starter and interested in growing your knowledge within the Insurance industry this is the perfect opportunity for you Apply online today A DAY IN THE LIFE Complex Claims Management Independently manage a high volume and high complexity caseload including severe injury claims occupational disease claims litigated claims and claims involving multiple stakeholders eg insurance carriers legal teams medical providers and third party administratorsAdvanced Case Reserve Management Set and adjust substantial monetary reserves for large claims factoring in medical costs lost wages future treatment and potential legal settlements Provide recommendations on reserve adjustments based on in depth analysis of claims dataStrategic Claims Oversight Develop and implement strategies to efficiently manage complex claims reduce claim costs and expedite resolution Work closely with legal counsel medical experts and external vendors to manage high exposure claimsLitigation & Settlement Negotiation Act as the primary point of contact for complex claims litigation providing guidance to legal teams negotiating settlements and ensuring that claims are resolved in the best interest of the organization while adhering to regulatory guidelinesLeadership & Mentorship Lead and mentor junior team members including Work Comp Specialists IIII Provide training on advanced claims management legal and medical considerations and effective negotiation strategies Support team development and foster a collaborative work environmentProgram Development & Process Improvement Contribute to the continuous improvement of the workers compensation program by identifying areas for process enhancement implementing best practices and optimizing claims handling proceduresCross Departmental Collaboration Work with internal stakeholders to ensure a comprehensive approach to workers compensation claims Participate in safety initiatives and return to work programs to reduce claim frequency and severityReporting & Strategy Prepare detailed reports and presentations for management on the performance of the workers compensation program Provide strategic recommendations for cost containment claims management improvements and risk mitigationRegulatory Compliance & Industry Leadership Stay updated on changes to workers compensation laws regulations and industry best practices Ensure compliance with state and federal workers compensation regulations and serve as a subject matter expert on regulatory mattersExternal Relationships Manage relationships with external vendors including third party administrators TPAs medical providers legal professionals and insurers Negotiate contracts and service level agreements SLAs to optimize service delivery and cost controlDESIRED QUALIFICATIONS 5 8 years of experience in Workers Compensation Claims Management including handling complex or high risk claims At least 2 3 years of experience handling more complex or high stake claimsRelevant certifications such as Certified Workers Compensation Professional CWCP or Associate in Risk Management ARM are preferredA high school diploma or equivalent is needed to perform normal functions A Bachelors degree in business insurance risk management or related field is preferredAdvanced expertise in workers compensation laws claims management strategies and litigation processesStrong leadership abilities with experience in mentoring training and developing staffExcellent negotiation skills and the ability to manage difficult claims and stakeholders effectivelyExceptional communication skills with the ability to present complex claims information to executive leadership and external partnersStrong financial acumen for managing large claim reserves budgeting and cost control initiativesAbility to analyze complex claims data and recommend actionable insights to improve claims handling processesHigh proficiency in claims management software Microsoft Office Suite and other industry specific toolsBENEFITS & PERKS IMT Insurance is committed to our employees and their families When you work for IMT you earn far more than just a paycheck The IMT office was new in 2018 and offers a fitness room game room and a variety of collaboration areas This position includes hybrid work arrangements learning and development opportunities and more Below is a list of what IMT offers our employees Medical dental and vision insurance AD&D insurance 401K retirement savings accounts spending accounts long and short term disability profit share employee assistant program and additional voluntary benefitsThe salary range for this position is 6300000 9600000 Starting salary and level of position will depend on level of experience This position is not eligible for tips or commission but may be eligible for additional bonuses Fully remote work involves important payroll and legal considerations for the company IMT has identified eligible states of residence for continued employment with IMT Eligible states include Arizona Colorado Florida Iowa Illinois Minnesota Missouri Nebraska North Carolina Pennsylvania South Dakota Tennessee Texas Utah Washington and Wisconsin WHAT DEFINES US Our vision is to provide peace of mind in the moments that matter We are an Equal Opportunity Employer and do not discriminate against any employee or applicant based on race color sex age national origin religion sexual orientation gender identity andor expression status as a veteran and basis of disability or any other federal state or local protected class Our agents and customers come from all walks of life and so do we Our goal is to hire great people from a wide variety of backgrounds because it makes our team stronger If you share our values and our passion for creating a Worry Free life for others we want to talk to you</p>