Subrogation Claim Specialist
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What you'll do
- Identify subrogation opportunities.
- Investigate, negotiate, subrogate and settle first and third-party losses.
- Compile and send subrogation packets and letters.
- Maintain recovery targets set forth each month.
- Ensure cases are called as scheduled and aging is maintained.
- Demonstrate professionalism when dealing with contacts.
- Maximize Collection efforts and customer satisfaction; work with analytics to optimize
- Practice collection and research techniques to ensure timely resolution.
- Maintain accurate and complete documentation of all activity.
- Submit claims for referral
- Respond to inquiries within 24 hours to maintain customer service.
- Other duties as assigned by supervisor/manager.
What they're looking for
- Bachelor’s Degree
- Strong negotiation and settlement skills
- Excellent written and oral communication skills with individuals from all backgrounds
- Ability to multi-task in a high-volume call environment.
- Excellent organizational skills and ability to handle multiple tasks
- Must be an independent worker and able to work with minimal supervision
Nice to have
- Insurance Claims Subrogation.
- Understanding of Arbitration Forums and E-Subrogation Hub websites preferred.
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Do you want to be part of an organization where you are valued, and your ideas and opinions have an impact? Join the AssuranceAmerica team.
For 25 years, AssuranceAmerica has provided superior property and casualty insurance products through contracted independent agents and directly to customers.
Our team succeeds through diversity of thought, experiences, skills, and backgrounds.
The Subrogation Claims Specialist manages the subrogation process, ensuring the recovery of funds from liable third parties. This role involves investigating claims, negotiating settlements, and collaborating with legal and claims teams to maximize recoveries.
About the ROLE
Each day at AssuranceAmerica is different, but as role in department, you will:
• Identify subrogation opportunities.
• Investigate, negotiate, subrogate and settle first and third-party losses.
• Compile and send subrogation packets and letters.
• Maintain recovery targets set forth each month.
• Ensure cases are called as scheduled and aging is maintained.
• Demonstrate professionalism when dealing with contacts.
• Maximize Collection efforts and customer satisfaction; work with analytics to optimize
• Practice collection and research techniques to ensure timely resolution.
• Maintain accurate and complete documentation of all activity.
• Submit claims for referral
• Respond to inquiries within 24 hours to maintain customer service.
• Other duties as assigned by supervisor/manager.
About YOU
- Insurance Claims Subrogation.
- Understanding of Arbitration Forums and E-Subrogation Hub websites preferred.
- Ability to effectively communicate (with insureds, claimants and other insurance companies to gather information.
Required
- Bachelor’s Degree
- Strong negotiation and settlement skills
- Excellent written and oral communication skills with individuals from all backgrounds
- Ability to multi-task in a high-volume call environment.
- Excellent organizational skills and ability to handle multiple tasks
- Must be an independent worker and able to work with minimal supervision
Physical Requirements
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift 15 pounds at times.
- Must be able to travel.
Company
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