Claims Subrogation Specialist
Job Description
The Claims Subrogation Specialist will favorably impact claim cost containment and overall Claims recovery goals by managing a caseload of subrogation claims through quality and efficient claims service, proactive negotiations, and the achievement of prompt and appropriate claim recoveries.
How You’ll Do It- Claims Analysis
- Identify and analyze claims with subrogation potential
- Conduct and coordinate the investigation of subrogation potential, including securing and developing evidence.
- Determine the amount of potential subrogation recovery
- Develop and implement a subrogation strategy and action plan for each assigned subrogation claim
- Communication
- Communicate subrogation needs and investigation strategies to front-line adjusters
- Issue subrogation notices in accordance with state specific regulations
- Provide detailed updates on subrogation status to relevant stakeholders
- Maintain proactive and collaborative contact with insureds, claimants, adverse third parties, attorneys, and front-line adjusters to optimize the recovery process
- Document subrogation action plan and recovery status in claim notes
- Negotiation and Recovery
- Negotiate and settle worker’s compensation and commercial auto subrogation claims
- Assist in the recovery of claim overpayments
- 3+ years Workers' Compensation and/or Commercial Auto claims subrogation experience required
- 1+ years of claims adjudication experience
- Strong knowledge of insurance claim procedures
- Strong written and verbal communication skills
- Strong decision making and critical thinking skills
- Strong negotiation skills
- Ability to work in fast paced environment with accuracy
- Ability to learn quickly and take on new challenges and responsibilities
- G-Suite Tools, Collaboration tools (Slack is preferred)
- Excel, HRIS (e.g., WorkDay), LMS (e.g., Continu preferred)
- High School diploma or GED required, Bachelor's Degree preferred
#LI-JF1
- Competitive cash compensation
- A piece of the pie (in the form of equity)
- Comprehensive health plans
- Generous PTO
- Future focused 401k match
- Generous parental and caregiver leave
- Our core values are more than just a poster on the wall; they’re tangibly reflected in our work
Our goal is to make all aspects of working with us as easy as pie. That includes our offer process. When we’ve identified a talented individual who we’d like to be a Pie-oneer , we work hard to present an equitable and fair offer. We look at the candidate’s knowledge, skills, and experience, along with their compensation expectations and align that with our company equity processes to determine our offer ranges.
Each year Pie reviews company performance and may grant discretionary bonuses to eligible team members.
Location InformationUnless otherwise specified, this role has the option to be hybrid or remote. Hybrid work locations provide team members with the flexibility of working partially from our Denver or DC office and from home. Remote team members must live and work in the United States* (*territories excluded), and have access to reliable, high-speed internet.
Additional InformationPie Insurance is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, marital status, age, disability, national or ethnic origin, military service status, citizenship, or other protected characteristic.
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Date Posted
03/23/2023
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