Springfield, IL · On-site
$50K - $55K/yr
To analyze and process low to mid-level auto and transportation claims. ESSENTIAL RESPONSIBLITIES ... Identifies and pursues subrogation opportunities; secures and disposes of salvage. * Communicates ...
Springfield, IL · On-site
$50K - $55K/yr
To analyze and process low to mid-level auto and transportation claims. ESSENTIAL RESPONSIBLITIES ... Identifies and pursues subrogation opportunities; secures and disposes of salvage. * Communicates ...
$31.7K - $40.9K
2% of jobs
$40.9K - $50K
7% of jobs
$50K - $59.2K
9% of jobs
$63.9K is the 25th percentile. Wages below this are outliers.
$59.2K - $68.3K
12% of jobs
$68.3K - $77.4K
17% of jobs
The median wage is $79K / yr.
$77.4K - $86.6K
16% of jobs
$93.9K is the 75th percentile. Wages above this are outliers.
$86.6K - $95.7K
15% of jobs
$95.7K - $104.9K
5% of jobs
$104.9K - $114K
9% of jobs
$114K - $123.2K
4% of jobs
$123.2K - $132.3K
3% of jobs
$31.7K
$83.5K
$132.3K
As a Subrogation Analyst, your daily tasks often include reviewing insurance claims to identify potential subrogation opportunities, conducting investigations to determine liability, and coordinating with insured parties, third parties, and legal teams. You will also be responsible for documenting case findings, pursuing recoveries through negotiations or legal means, and tracking recovery progress in specialized software systems. The role involves frequent collaboration with adjusters and other claims professionals to gather relevant information. This position requires strong organizational and communication skills, as balancing multiple cases and meeting recovery targets is a key aspect of the job. Over time, successful analysts can take on more complex cases or move into senior positions within claims or subrogation management.
To thrive as a Subrogation Analyst, you need a strong understanding of insurance claims, investigative research, and analytical skills, often supported by a degree in business, finance, or a related field. Familiarity with claims management software, Microsoft Excel, and sometimes industry certifications such as AIC (Associate in Claims) are commonly required. Attention to detail, effective communication, and negotiation skills are valuable soft skills for success in this role. These competencies are essential for accurately identifying subrogation opportunities, recovering funds, and promoting positive outcomes for both insurers and clients.
A Subrogation Analyst is responsible for investigating and recovering funds from third parties when an insurance company has paid a claim that is another party's responsibility. They analyze claims, review policies, identify liable parties, and negotiate settlements to recover costs. This role requires strong analytical skills, attention to detail, and knowledge of insurance laws and regulations. Subrogation Analysts work closely with attorneys, policyholders, and other insurers to ensure proper resolution of claims.
$50K - $55K/yr
Other
Medical, Dental, Vision, Life, Retirement, PTO
Re-posted 19 days ago
7.6
Based on 320 frontline employees who took The Breakroom Quiz
207th of 301 rated insurance
By joining Sedgwick, you'll be part of something truly meaningful. It's what our 33,000 colleagues do every day for people around the world who are facing the unexpected. We invite you to grow your career with us, experience our caring culture, and enjoy work-life balance. Here, there's no limit to what you can achieve.
Newsweek Recognizes Sedgwick as America's Greatest Workplaces National Top Companies
Certified as a Great Place to Work®
Fortune Best Workplaces in Financial Services & Insurance
Claims Representative, Auto | Property Damage
PRIMARY PURPOSE OF THE ROLE: To analyze and process low to mid-level auto and transportation claims.
ESSENTIAL RESPONSIBLITIES MAY INCLUDE
Processes auto property damage and lower level injury claims; assesses damage, makes payments, and ensures claim files are properly documented and correctly coded based on the policy.
Develops and maintains action plans to ensure state required contract deadlines are met and to move the file towards prompt and appropriate resolution.
Identifies and pursues subrogation opportunities; secures and disposes of salvage.
Communicates claim action/processing with insured, client, and agent or broker when appropriate.
Maintains professional client relations.
Performs coverage, liability, and damage analysis on all claims assignments.
Performs other duties as assigned.
Supports the organization's quality program(s).
QUALIFICATIONS
Education: Bachelor's degree from an accredited college or university preferred. Secure and maintain the State adjusting licenses as required for the position.
Familiarity with personal and commercial lines policies and endorsements
Ability to review and assess Property Damage estimates, total loss evaluations, and related expenses to effectively negotiate first and third party claims.
Knowledge of total loss processing, State salvage forms and title requirements, preferred
Excellent oral and written communication, including presentation skills
PC literate, including Microsoft Office products
Analytical and interpretive skills
Strong organizational skills
Good interpersonal skills
Ability to work in a team environment
Work environment requirements include -
Physical: Computer keyboarding
Auditory/visual: Hearing, vision and talking
Mental: Clear and conceptual thinking ability; excellent judgement and discretion; ability to meet deadlines.
When applicable and appropriate, consideration will be given to reasonable accommodations.
As required by law, Sedgwick provides a reasonable range of compensation for roles that may be hired in jurisdictions requiring pay transparency in job postings. Actual compensation is influenced by a wide range of factors including but not limited to skill set, level of experience, and cost of specific location. For the jurisdiction noted in this job posting only, the range of starting pay for this role is $50,000 to $55,000 . A comprehensive benefits package is offered including but not limited to, medical, dental, vision, 401k and matching, PTO, disability and life insurance, employee assistance, flexible spending or health savings account, and other additional voluntary benefits.
The statements contained in this document are intended to describe the general nature and level of work being performed by a colleague assigned to this description. They are not intended to constitute a comprehensive list of functions, duties, or local variances. Management retains the discretion to add or to change the duties of the position at any time.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Diego Fair Chance Ordinance, the San Francisco Fair Chance Ordinance, the California Fair Chance Act, and all other applicable laws.
Sedgwick is an Equal Opportunity Employer and a Drug-Free Workplace.
If you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, consider applying for it anyway! Sedgwick is building a diverse, equitable, and inclusive workplace and recognizes that each person possesses a unique combination of skills, knowledge, and experience. You may be just the right candidate for this or other roles.
Sedgwick is the world's leading risk and claims administration partner, which helps clients thrive by navigating the unexpected. The company's expertise, combined with the most advanced AI-enabled technology available, sets the standard for solutions in claims administration, loss adjusting, benefits administration, and product recall. With over 33,000 colleagues and 10,000 clients across 80 countries, Sedgwick provides unmatched perspective, caring that counts, and solutions for the rapidly changing and complex risk landscape. For more, see sedgwick.com
