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Claim Benefit Specialist
Career Insights for Compensation / Benefits Specialist
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Scorecard
Based on Vermont data
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What they do
A Compensation or Benefits Specialist evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.
$70,823 / year median in Vermont
+3% projected growth
Job Description
- shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger
- helping to simplify health care one person, one family and one community at a time.
- Attendance during the 21 week training period is required. After completion of the training period, overtime may be required based on business needs.
- Applicants must reside in the Eastern Time Zone ( EST ) Job Summary Reviews and adjudicates claims in accordance with claim processing guidelines.
- Determine and understand the coverage provided under a member's health plan
- Efficiently use multiple systems and screens to obtain and record claim information
- Review claims information to determine the nature of a member's illness or injury
- Identify claim cost management opportunities and refer claims for follow up
- Make claim payment decisions
- Process claims accurately to enhance customer satisfaction and retention
- Process claims within quality and production standards
- Assist team members in support of achieving team, office, regional, and national goals Required qualifications
- Experience in a quality and production environment.
- Attention to detail.
- Ability to use multiple computer applications at one time. Preferred qualifications
- Prior medical claim processing experience is a plus.
- Exceptional analytical skills, accurate and fast keyboarding skills, advanced computer navigation and knowledge and experience in a Windows environment
- Effective verbal and written communication skills
- Ability to adapt quickly and willingly to change, and a positive, willing attitude.
- Successful candidates should be comfortable with quality goals, production goals, and service expectations and will be monitored for accuracy, efficiency, and customer satisfaction.
- Associate's Degree Education High School Diploma or equivalent GED Anticipated Weekly Hours 40 Time Type Full time Pay Range The typical pay range for this role is: $17.00
- $34.
- committed to diversity in the workplace.
Benefits
- Paid Time Off (PTO)
- Other Retirement and Savings
- Health and Wellness Programs
- Health Insurance