Subrogation Manager Jobs in Beloit, WI (NOW HIRING)

A Subrogation Manager oversees the recovery of funds from third parties who are responsible for a loss covered by an insurance company. They manage a team of subrogation specialists, review claims, coordinate investigations, and ensure legal compliance. Their role involves negotiating settlements, collaborating with attorneys, and optimizing recovery processes to minimize financial losses for the company. Strong analytical, negotiation, and leadership skills are essential for success in this role.

Subrogation Managers often face the challenge of coordinating complex recovery processes, which can involve multiple parties, strict regulatory requirements, and tight deadlines. They need to analyze detailed claims data, negotiate settlements with third parties or their insurers, and monitor ongoing litigation or arbitration cases. In addition to overseeing their team, they must keep pace with changing industry regulations and ensure that all actions align with company policies. Success in this role requires balancing strong technical knowledge with effective communication and problem-solving skills, especially when handling difficult negotiations or resolving disputes.

A Subrogation Manager needs a strong understanding of insurance claims, legal principles related to subrogation, and experience in claims management, often supported by a bachelor's degree in business, insurance, or a related field. Familiarity with claims management software, document management systems, and industry certifications such as CPCU (Chartered Property Casualty Underwriter) are highly beneficial. Exceptional negotiation, analytical thinking, and leadership skills distinguish top performers in this role. These competencies are critical for effectively recovering funds, managing teams, and ensuring compliance with legal and industry standards.