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Subrogation Associate Jobs in Illinois (NOW HIRING)

... subrogation laws in various states Travel outside of assigned territory which may involve overnight stay Relocate, work evenings or weekends Preferred Education: Associate degree in Business ...

... subrogation laws in various states Travel outside of assigned territory which may involve overnight stay Relocate, work evenings or weekends Preferred Education: Associate degree in Business ...

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Subrogation Associate information

What is a subrogation associate?

A Subrogation Associate is a professional who works in the insurance industry, specializing in recovering funds from third parties who are responsible for causing losses paid out by the insurer. They investigate claims, review case details, and negotiate settlements to ensure the insurance company recoups its costs. Their role involves working closely with adjusters, attorneys, and sometimes customers, using analytical and negotiation skills to resolve cases efficiently. Subrogation Associates play a key role in minimizing financial losses for insurance companies.

What are the key skills and qualifications needed to thrive as a subrogation associate?

To thrive as a Subrogation Associate, you need a solid understanding of insurance claims processes, legal principles, and strong analytical skills, typically supported by a relevant degree or experience in insurance or legal fields. Familiarity with claims management software, document management systems, and sometimes certifications like AIC (Associate in Claims) are common technical requirements. Attention to detail, negotiation skills, and effective communication are vital soft skills for managing cases and collaborating with various stakeholders. These competencies are crucial to efficiently recover funds, ensure compliance, and maintain positive client relationships.

What are the typical challenges faced by a subrogation associate when managing multiple claims simultaneously?

As a Subrogation Associate, one of the main challenges is efficiently prioritizing and managing a high volume of claims at different stages of recovery. Balancing investigative work, documentation, and communication with claimants, insurers, and third parties requires strong organizational and time-management skills. Additionally, navigating varying state laws and regulations, as well as negotiating settlements, can add complexity to each case. Collaborating closely with legal teams and adjusters is essential to ensure claims are processed accurately and deadlines are met.

How to become a subrogation associate?

To become a subrogation associate, candidates typically need a bachelor's degree in fields like insurance, law, or business, along with strong analytical and communication skills. Relevant experience in insurance claims or legal environments can be beneficial, and familiarity with claims management software is often preferred.

What are the most commonly searched types of Subrogation jobs in Illinois?

The most popular types of Subrogation jobs in Illinois are:

What cities in Illinois are hiring for Subrogation Associate jobs?

Cities in Illinois with the most Subrogation Associate job openings:

Associate Attorney, Workers' Compensation

Chicago, IL โ€ข On-site

$100 - $120/hr

Other

Posted 10 days ago


Job description

Associate Attorney, Workers' Compensation

IFMK Chicago or Northbrook, Illinois

IFMK Law is a well-recognized Midwestern litigation defense firm specializing in property and casualty, workers' compensation, employment law, governmental entity liability claims, civil rights liability claims, commercial litigation, and subrogation recovery for public entities and private sector clients. IFMK is based in Chicago and maintains offices in Northbrook, Champaign, Springfield and Oโ€™Fallon, Illinois, as well as Indiana, Iowa, Michigan, Missouri and Wisconsin.

We value work-life balance, and offer a supportive work culture for our employees. We encourage the professional development of our attorneys both within and outside our firm. Our aim is to provide an environment where our attorneys can learn,adapt quickly and improve their proficiency so that they can grow personally and professionally to the mutual benefit of the attorneys and our firm.

Job Description:

We are seeking a Workers' Compensation Defense Associate with 2-5 years of experience. Opportunities and responsibilities for qualified individuals include:

  • Managing a litigation case load under an assigned Mentor with the opportunity to work with others in the firm
  • Our in-house skills training program, including handling of cases start-to-finish, conducting depositions, etc. consistent with your level of prior experience
  • Handling depositions of medical experts and witnesses
  • Working closely with the client to complete a thorough investigation of the claim
  • Online legal research using WestNext
  • Negotiating cases with opposing counsel
  • Direct hands-on in all stages of litigation, including pre-trials, trials, and appeals
  • Involvement in a variety of non-litigation collaborations and projects
  • Maintaining and developing relationships with a wide variety of clients, from major corporations and large municipalities to small businesses and public entities
Required Skills/Abilities:

To excel in this role, candidates must possess:

  • A valid Illinois law license in good standing with the bar.
  • Exceptional professionalism and communication skills.
  • Proficiency in research and writing.
  • The ability to manage multiple tasks effectively and independently while meeting deadlines.
  • Superior interpersonal and client management skills.
  • Impeccable organizational skills, attention to detail, and a strong work ethic.
  • Excellent time management capabilities.
Salary and Benefits:

We offer a competitive starting salary range of $100,000-$120,000, commensurate with experience plus the potential for quarterly bonuses, and we provide a comprehensive benefits package.

This Associate will start initially in-office in Chicago, Northbrook or Champaign with hybrid work from home to be allowed following initial onboarding and training at the discretion of the firm. The arrangement will also depend on the progression of the new associateโ€™s skills and our confidence in the quality of their work.

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