Location: Owatonna,MN, USA
Who is Federated Insurance?
At Federated Insurance, we do life-changing work, focused on our clients' success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we're looking for employees who want to make a difference in others' lives, all while enhancing their own.
Federated's culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect. We strive to create a work environment that embodies our values and commitment to diversity and inclusion. We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities. Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values.
What Will You Do?
Are you passionate about uncovering the truth and taking action against questionable activities? Do you thrive in a fast-paced, analytical environment where your investigation, communication, and strategic decision-making skills make a real impact? If so, we invite you to apply for the role of Special Investigations Unit (SIU) Investigator at Federated Insurance.
As an SIU Investigator, you will play a critical role in identifying and addressing questionable activity. You will work closely with our policyholders, claims professionals, law enforcement agencies, and internal teams to ensure compliance, protect Federated, our policyholders, and deliver factual and effective solutions.
Key Responsibilities:
* Conduct thorough investigations of referred cases and collaborate with claims professionals to achieve optimal outcomes.
* Provide technical guidance on fraud-related issues, claim negotiation, and settlement.
* Maintain expertise in medical terminology, coding, billing, fraud investigation techniques, legal documentation, and surveillance management.
* Partner with law enforcement to assist in the prosecution of fraudulent activities.
* Ensure adherence to regulatory requirements for fraud reporting.
Minimum Requirements:
* Bachelor's degree or equivalent work experience.
* At least 3 years of experience with a commercial insurance company or in special investigation responsibilities, showcasing strong investigative, analytical and communication skills.
* Proficiency in Microsoft Office Suite or similar software.
* Integrity and confidentiality in handling sensitive information.
* Ability to obtain and maintain required insurance licensing.
What We Offer
We offer a wide variety of ways to support you as a whole, both professionally and personally. Our commitment to your growth includes opportunities for internal mobility and career development paths, inspiring excellence in performance and ensuring your professional journey thrives. Additionally, we offer exceptional benefits to nurture your personal life. We understand the importance of health and financial security, offering encompassing competitive compensation, enticing bonus programs, cost-effective health insurance, and robust pension and 401(k) offerings. To encourage community engagement, we provide paid volunteer time and offer opportunities for gift matching. Discover more about Federated and our comprehensive benefits package: Federated Benefits You.
Employment Practices
All candidates must be legally authorized to work in the United States for any employer. Federated will not sponsor candidates for employment visa status, such as an H1-B visa. Federated does not interview or hire students or recent graduates with J-1 or F-1 visas or similar temporary work authorization.
If California Resident, please review Federated's enhanced Privacy Policy.
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