We are looking to hire Subrogation Specialists who are either English speaking or English/Spanish Bilingual to join our team! We offer a minimum starting wage of $21.00/hour, with Specialists earning an average monthly bonus of $1,300!
The Subrogation Specialist is responsible for recovering subrogation claims from insurance carriers, self-insured entities, and uninsured tortfeasors. This role requires close collaboration with clients, insured parties, and other stakeholders to maximize recovery while ensuring compliance with state regulations and industry best practices.*Position is on-site in our Bloomington, IL office.*
Essential Functions and Responsibilities:
- Review and manage subrogation files across varying lines of business.
- Respond professionally and promptly to telephone calls and emails from clients, adjusters, claimants, witnesses, attorneys, and underwriters.
- Review and investigate claims to evaluate liability, assess damages, and determine all viable recovery avenues.
- Prepare and analyze files, ensuring accurate documentation and tracking of all verbal and written correspondence in applicable systems.
- Process carrier-to-carrier subrogation claims.
- Research laws and state statutes on subrogation claims to ensure compliance and optimize recovery.
- Communicate effectively to obtain and provide necessary information from relevant parties.
- Negotiate liability and damage disputes with other insurance carriers and self-insured entities.
- Review claim files to evaluate collection potential and develop strategies for each recovery.