Insurance Recovery Analyst

Benefit Recovery Group

Benefit Recovery Group

IT
St. Louis, MO, USA
Posted on Friday, August 25, 2023

*This position can be located in Memphis, TN or St. Louis, MO

Benefit Recovery (BRG) provides best-in-class health plan subrogation services for the largest companies nationwide and proudly serves 1 out of every 4 Fortune 100 companies. BRG represents our clients’ financial interests and rights under their self-funded health plan and seeks and negotiates reimbursement of paid health expenses from the at-fault party’s insurance policy.

What does an Insurance Recovery Analyst do?

As an Insurance Recovery Analyst for BRG, you are responsible for representing our client’s financial interests and negotiating a recovery across an assigned portfolio of cases. To be successful in this role, you must be highly organized, have persuasive communication skills, have a natural ability to solve problems with critical thinking, and be a self-starter. You will be representing the top companies in the country and your hard work will help them to combat the growing costs of healthcare that employees and employers are faced with year over year. You don’t have to have the “know-how” of all areas of insurance, you just need to know how to get the answers!

As an Insurance Recovery Analyst you will:

  • Manage and oversee a large portfolio of reimbursement cases
  • Own and direct the strategy on each individual recovery case to expedite case completion and resolve case favorably for our clients
  • Dig deeply into case data and perform medical claims reconciliation to identify accurate recoverable total
  • Ensure the accuracy and quality of case status information for client reporting
  • Recognize and understand opportunities and needs across a large portfolio of cases
  • Understand case actions and their impact on clients' financial recovery
  • Ask questions and test assumptions made in the handoff of information
  • Build strong communication and trust with other parties on each case
  • Negotiate a favorable resolution and settlement for our client’s financial lien

Qualifications:

  • B.S / B.A required
  • Previous professional work experience
  • Strong and confident verbal communication skills;
  • An ability to multitask, prioritize, and balance varied tasks on a daily basis;
  • Self-confidence sufficient to execute on tasks independently, trust his/her judgment, and yet know when to ask questions;
  • An intellectually curious personality and a demonstrated commitment to continuous improvement; and
  • Of course, a desire to join a growing company with a vibrant, entrepreneurial culture.

What benefits does BRG offer?

  • Health, dental, vision
  • 401k
  • Income protection plans (life, accidental death and dismemberment, short- and long-term disability) and access to a suite of voluntary benefits
  • Fun, smart, diverse colleagues