Compliance Assistant I

The Mission of The MEMIC Group is to make workers' comp work better with compassion, trusted partnerships, and relentless commitment to workforce safety. The secret to the success and longevity of great organizations is their shared vision and strong values. At MEMIC our values are to be conscientious, to be an expert, to be a partner, to be curious and to be transparent.

The Compliance Assistant I is responsible for ensuring compliance in all jurisdictions where The MEMIC Group is licensed. Compliance is met by reviewing claim files and analyzing data to ensure jurisdictional reporting requirements and regulations are administered timely and accurately. The Compliance Assistant I will need to communicate with external stakeholders, as well as internal partners regarding compliance issues to minimize exposure to the company.

Job Duties and Responsibilities:

• Assists in state specific compliance review to minimize risk of penalties and fines.
• Assists claim handler in obtaining complete wage statements for calculation of average weekly wage and compensation rate.
• Reviews submitted wages to ensure accurate compensation rate is established according to jurisdictional rules and regulations.
• Conducts quality review on wages to ensure company is meeting regulatory requirements.
• Works with claim handlers to rectify any compliance risks or concerns that have been identified.
• Supports compliance team goals by assisting with special projects or tasks as directed by Claim Team Manager.
• Works closely with internal partners and external stakeholders to provide compliance support, feedback, and assistance regarding compliance requirements and regulations.
• Monitors specific areas of concern where compliance risk is high and reports to Claim Team Manager where there are issues of non-compliance.

Requirements: 

• Associate Degree or 1-2 years of claim handling experience, or an equivalent combination of education and work experience.
• General knowledge of workers’ compensation claim handling procedures and workers’ compensation fundamentals.
• Strong written and verbal communication skills are essential.
• Must have strong multi-tasking skills.
• Must be organized and detailed oriented.
• A working knowledge of Microsoft Office is essential.
• Knowledge of state specific reporting requirements preferred.
• Must have excellent research and comprehension skills with the ability to summarize research data.

Our comprehensive benefits package includes all traditional offerings such as:

• Health Insurance options, Dental Insurance options and Vision Insurance
• Employee Life Insurance/AD&D and Dependent Life Insurance options
• Short-term & Long-term Disability
• Health Savings Account with potential employer match
• Flexible Medical and Dependent Care Account
• Accident Insurance
• Critical Illness Insurance
• Employee Assistance Program
• Legal/Identify Theft Insurance options
• Long Term Care Insurance
• Pet Insurance
• 401 (k) Retirement Plan with match up to 5%, plus profit sharing & discretionary contributions (subject to vesting)
• 4 weeks of Paid Time Off (PTO)
• 7 paid holidays

We also offer other benefits to help foster a healthy, balance lifestyle such as:

• Flextime schedules
• Paid Parental Leave
• Student loan paydown and refinancing assistance
• Educational assistance for job related courses, seminars, certifications or degrees
• One paid day every year to volunteer for your non-profit of choice
• On-site fitness center (Maine & Virginia) or fitness reimbursement
• Subsidized parking
• Sit-Stand desks & daily stretch breaks

MEMIC is committed to a policy of nondiscrimination and equal opportunity for all employees and qualified applicants without regard to race, color, religious creed, national origin, ancestry, age, disability, genetics, gender identity, veteran's status, sexual orientation, or any other characteristic protected by law. MEMIC is an equal opportunity employer encouraging diversity in the workplace. 

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