Claims Examiner, Subrogation (WC)

Arch Capital Services LLC · Greater NYC Area

Company

Arch Capital Services LLC

Location

Greater NYC Area

Type

Full Time

Job Description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibilityâ„ .

Primary Responsibilities

  • Under technical direction, utilizing recovery guidelines and policies to interpret and determine if pursuit of recovery is viable for less complex or small dollar occurrences referred to the team; ensures proper documentation received, negotiates and settles recovery files
  • Works within specific limits of authority on assignments requiring moderate to advanced technical complexity and coordination
  • Coordinates and collaborates with claims staff to ensure complete investigation to support recovery pursuit or closure
  • Ensures best business outcome for Arch in cases of competing interests to recovery
  • Utilizes negotiation skills to develop and complete complex recovery settlement packages
  • May work with attorneys, account representatives, Agents, risk managers, insured representatives, and other Arch associates regarding the handling and or disposition of recovery opportunities
  • May provide assistance and guidance to other claims staff and functional areas
  • Maintains a pending file count in accordance with subrogation unit guidelines
  • Analyzes recovery activities and prepares reports for management
  • Maintains current advanced knowledge of state / national trends in recovery and subrogation, negligence doctrines, types of liability, and limitations, if any, of recoverable damages for various jurisdictions

Qualifications

  • Bachelor’s degree or equivalent work experience; proper & active adjuster licensing in all applicable states preferred
  • Three to five (3-5) years of working experience with a primary and or excess carrier, broker, or law firm supporting commercial accounts with claims and subrogation processes; subrogation a plus
  • Solid insurance claims knowledge base, theory and practices; desired business lines include auto, casualty, general liability, property, workers’ compensation
  • Exceptional communication (written and verbal), evaluating, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines
  • Strong time management and organizational skills
  • Ability to exercise independent judgment and make critical business decisions effectively
  • Ability to work well independently and in a team environment
  • Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word

#LI-SW1

#LI-Remote

For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.

$61,900 - $83,623 (zone 1)

$71,900 - $97,110 (zone 2)

$79,900 - $107,900 (zone 3)

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs.  The above range may be modified in the future

  • Click here to learn more on available benefits

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.

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Date Posted

09/27/2024

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