Subrogation Specialist is responsible for subrogation activities including the identification and research of subrogation claims. Assists in the recovery of overpayments for duplicate coverage, workers' compensation, and no-fault claims. Being a Subrogation Specialist identifies legal liability and pursues, negotiates, and settles subrogation collection. Researches paid claims, answers inquiries, and coordinates with other departments, insurance adjustors, attorneys, and members. Additionally, Subrogation Specialist interacts with policyholders, claimants, witnesses, and underwriters to recommend and document the necessary information to close a file. Collects information needed to determine when an on-site investigation is necessary. Requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Subrogation Specialist works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Subrogation Specialist typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
JOIN
THE ASSURANCEAMERICA TEAM
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.
Subrogation Claims Specialist
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 a
Subrogation Specialist in Claims 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.
About YOU
· 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.
About US
· We are direct, results-driven,
and dedicated to the success of our business and each other.
· We are a diverse group of
thinkers and doers.
· We offer many opportunities to
grow in your professional skills and career.
· We fight homelessness by
directing 5% of our earnings from each policy we sell to organizations that help
those in need. We call it our Generous Policy.
WHAT WE OFFER
· AssuranceAmerica provides these benefits to Associates:
o Premium healthcare plans: All
full-time Associates and part-time Associates working a regular schedule of 30 hours,
or more, are eligible for day one benefits including Medical, Dental, Vision,
Voluntary Life, Flexible Spending Accounts, and a Health Savings Account.
o Employer Paid
Benefits: We enroll all eligible Associates in
Group Life and AD&D Insurance, Short- and Long-Term Disability Plans,
Employee Assistance Program, Travel Assist, and the Benefit Resource Card which
includes Teladoc™, Pet Insurance and Health Advocate.
· Additional Benefits:
o 401(k) Employer Match: We want to help you prepare for the future, now. All full-time and part-time Associates over age 21 are eligible to
participate in the 401(k) Savings Plan. AssuranceAmerica will match 100% of the first 4%
of an Associate’s contributions.
o Engagement Events. We make time for fun activities that strengthen Associate
relationships in all our locations.
o Annual Learning Credit: Want to
learn something new? We'll reimburse you for approved educational assistance annually.
· Time Off:
o Paid Time Off
(PTO), Parental Leave Pay, Volunteer Time Off (VTO), Bereavement Pay, Military
Leave Pay, and Jury Duty Pay.
YOU’RE INVITED TO APPLY
We believe the right fit is more important than a
checklist. If you have most of what we’re looking for in this role and our
culture and mission speak to you, contact us. We want to hear from you!