Subrogation Specialist, Sr. is responsible for subrogation activities including the identification and research of subrogation claims. Assists in the recovery of overpayments. Being a Subrogation Specialist, Sr. coordinates with other departments, insurance representatives and members. Processes subrogation, workers' compensation, and other claims where third-party liability exists. Additionally, Subrogation Specialist, Sr. develops cases resulting from beneficiary or provider-initiated inquiries, internal referrals, personal research, or computer-generated reports. Requires a high school diploma. Typically reports to a supervisor. The Subrogation Specialist, Sr. works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Subrogation Specialist, Sr. typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)
Job Description
The Subrogation Claims Specialist/Recovery Agent is required to pursue responsible parties for outstanding insurance claims. Also make and attempt to recover any valid insurance information to cover the responsible party for the loss.
Essential Functions
1. Contact adverse via mail and phone for their insurance information or recover the monies owed.
2. Negotiate the recovery of payments made on behalf of our client’s insured for damages sustained on claims assigned to us from major insurance companies.
3. Develop strong theories of liability based on evidence supplied by our client.
4. Overcome disputes.
Skills and Attributes
· Require at this level include knowledge of applicable rules and statues of the process and principals of the insurance and basic subrogation concepts.
· Ability to use computers to access standard data base
· Communicate effectively with others, both orally and in writing
· Establish and maintain effective working relationships with others.
Training will be provided for the right candidate.
Job Type: Full-time
Benefits:
Schedule:
Supplemental pay types:
Work Location: In person