Auto Insurance Subrogation Specialist III

Description

The Auto Insurance Subrogation Specialist III is responsible for the recovery of subrogation claims from insurance carriers and self-insured entities. These claims could also involve multiple tortfeasors. The majority of these claims would be carrier to carrier claims but the Specialist III could also work auto, property and medial / PIP claims if the workload dictates. Responsibilities include working with our clients, insured, claimants, and local and state government offices, appropriately documenting information to achieve recovery of these subrogation claims.

Essential Functions and Responsibilities :

The Subrogation Specialist III may perform some or all of the duties listed below :

Auto insurance specific responsibilities :

• Responsible for identification and research of subrogation type claims (Auto claims, overpayments for duplicate coverage, workers' compensation, Medical and no-fault claims) to determine if there is potential third-party liability.
• Review claim files to evaluate collection potential and develop strategies for each recovery.
• Identify legal liability in order to pursue, negotiate, and settle subrogation.
• Interaction with insurance adjustors, attorneys, government offices, municipalities and DOT Offices.
• Interacts with policyholders, claimants and witnesses when necessary in order to bring a file to successful conclusion.
• Corresponding with parties against whom subrogation claims are to be made, negotiating payment plans, when necessary.
• Corresponding with parties against whom subrogation claims are to be made, negotiating payment plans, when necessary.

Requirements

What you will need :