Service Processor II, Claims Payment Services
The Role at a Glance As a Payment Specialist I, you will be responsible for supporting our claims organization by calculating and issuing Short-Term Disability payments, using various excel calculation tools, knowledge of policy/contract provisions, benefit offset options, and work earnings. This opportunity will provide the ability to grow within the group insurance industry while gaining new skills and building strong working relationships.
What you'll be doing You will establish increasingly complex payments in system, document claims accurately and comprehensively, and update/maintain payment tracking system with key dates and outcomes.You will communicate via email or by phone with employers, claims specialists, and/or claimants to gain financial data and other information needed to determine and calculate benefits.You will partner with internal and external areas to achieve financial accuracy and stability for our claimants, using contracts, state guidelines, and various other income earnings.
You will gather and review information needed for decisions from multiple sources, including claim case managers, claimants, vendors, and customer contacts.You will establish follow-up tasks for claim examiners that require ongoing payment adjustments or oversight.You will adhere to financial controls under Sarbanes-Oxley, corporate compliance, and GAAP.
What we're looking for Must-have experience (Required): High School diploma or GED.Ability to communicate effectively (verbal/written).Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).Ability to work with others in a team environment.Ability to work in a fast-paced production environment with the ability to adapt as needed.Demonstrates excellent organizational skills with the ability to prioritize workload and multi-task while maintaining strict attention to detail.
Nice-to have Experience (Preferred): 2 - 3 Years of progressive experience in a financial services environment, such as payroll services, directly aligned to the specific responsibilities for this position Ability to work in various excel documents with a high comfort level of mathematical concepts such as addition, subtraction, multiplication, division, averages and/or variances.Ability to articulate/alter provisions – comfortable with contract language.
About The Company Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future.We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.
Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY.Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice.Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Service Processor II, Claims Payment Services
The Role at a Glance As a Payment Specialist I, you will be responsible for supporting our claims organization by calculating and issuing Short-Term Disability payments, using various excel calculation tools, knowledge of policy/contract provisions, benefit offset options, and work earnings. This opportunity will provide the ability to grow within the group insurance industry while gaining new skills and building strong working relationships.
What you'll be doing You will establish increasingly complex payments in system, document claims accurately and comprehensively, and update/maintain payment tracking system with key dates and outcomes.You will communicate via email or by phone with employers, claims specialists, and/or claimants to gain financial data and other information needed to determine and calculate benefits.You will partner with internal and external areas to achieve financial accuracy and stability for our claimants, using contracts, state guidelines, and various other income earnings.
You will gather and review information needed for decisions from multiple sources, including claim case managers, claimants, vendors, and customer contacts.You will establish follow-up tasks for claim examiners that require ongoing payment adjustments or oversight.You will adhere to financial controls under Sarbanes-Oxley, corporate compliance, and GAAP.
What we're looking for Must-have experience (Required): High School diploma or GED.Ability to communicate effectively (verbal/written).Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).Ability to work with others in a team environment.Ability to work in a fast-paced production environment with the ability to adapt as needed.Demonstrates excellent organizational skills with the ability to prioritize workload and multi-task while maintaining strict attention to detail.
Nice-to have Experience (Preferred): 2 - 3 Years of progressive experience in a financial services environment, such as payroll services, directly aligned to the specific responsibilities for this position Ability to work in various excel documents with a high comfort level of mathematical concepts such as addition, subtraction, multiplication, division, averages and/or variances.Ability to articulate/alter provisions – comfortable with contract language.
About The Company Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future.We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.
Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY.Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice.Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
