Settlement Paralegal

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TYPE OF WORK

Full Time

SALARY

dependent on experience

HOURS PER WEEK

40

DATE POSTED

Aug 5, 2024

JOB OVERVIEW

Parnall Law Firm seeks an ambitious, talented Settlement Paralegal to join our growing team. We are dedicated to maintaining a collaborative, teamwork-oriented environment where our staff are encouraged to grow and learn. Strong English language and negotiation skills are of the utmost importance.

SETTLEMENT PARALEGAL

MISSION STATEMENT

To provide clients with a complete detailed disbursement of their settlement funds including negotiating insurance reimbursement and provider reimbursement, to maximize our clients’ net compensation.

RESULTS / OUTCOMES (What you must get done.)

• Attend weekly firm-wide huddle every Monday morning at 8:00 am
• Attend daily team mini huddle Tuesday through Friday at 8:00 am
• Attend biweekly meeting with Team Lead to go over individual metrics, and metrics of Team, fully prepared with supporting data.
• Enter settlement details on the Medicare portal for all settled cases within 24 hours of settlement.
• Verify that all claims on the subrogation ledgers of claims paid are related, within 2 days of receipt of the final ledger, once the claim is settled.
• Ensure that settlement checks have been received within 14 days of settlement date.
• Complete partial distribution of all settlement funds within 5 days of receipt of the settlement check.
• Complete a second distribution of trust funds, within 60 days of initial distribution.
• Complete a final disbursement of all trust funds within 90 days of initial distribution and close case.
• Complete a minimum of 10 settlement distributions (a combination of full/partials) every two weeks
• Ensure overdue tasks never exceed 30.

DUTIES / RESPONSIBILITIES

• Drafting, updating and finalizing settlement distribution packet
• Calls, emails, and correspondence to adjusters to follow up for ledgers as needed
• Verifying subrogation, lien, and medical bill balances in order to complete distributions in a timely manner.
• Negotiating all health insurance and med pay subrogation claims as well as all liens in a client’s file.
• Keeping status comments updated in all cases in Settled 04 and Settled 06 cases.

COMPETENCIES

• A deep understanding of subrogation, basic level arithmetic, high organizational skills, and the ability to prioritize tasks regularly.
• Strong attention to detail.
• Exceptional communication skills, verbal and written.
• Organized, focused, and attentive.
• Vigorous verbal negotiation skills.
• Professional attire and demeanor.
• Extensive knowledge of case management software.
• Emotional intelligence.
• Team player. We are strong believers in teamwork. If you are not a team player, this job is not for you.

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