Casualty Subrogation Specialist

Farmers-Alliance-Mutual-Insurance-C; Kansas; On-site; USD 70,000 - 110,000; Full time

Job summary

Farmers Alliance Mutual Insurance Co. seeks an experienced subrogation professional to manage casualty files from evaluation through settlement, focusing on maximizing recoveries and minimizing loss exposure.

Responsibilities include drafting demands, negotiating settlements, and coordinating arbitration proceedings with attorneys and external partners. The role requires solid liability claims experience, familiarity with auto subrogation, and ability to work independently while also

Qualifications

• 5+ years of liability claims experience required.
• Auto subrogation experience preferred.
• Experience with Arbitration Forums preferred.
• Bachelor’s degree preferred; AIC designation preferred.
• Active Oklahoma adjuster license or obtain within 6 months.

Responsibilities

• Manage a caseload of varying complexity files with accurate documentation and timely follow-up.
• Prepare and submit demands to opposing insurers and negotiate settlements.
• Initiate and manage intercompany arbitration through Arbitration Forums as Applicant and Respondent.
• Collaborate with attorneys and vendors to pursue uninsured or at-fault parties.
• Handle recovery payments and deductible reimbursements.
• Communicate with insureds on deductible recovery status.
• Conduct asset investigations to support substitution of benefits decisions on UIM claims.

Skills

Subrogation

Negotiation

Arbitration Forums

Caseload management

Analytical thinking

Attention to detail

Communication skills

Regulatory knowledge

Independent work

Team collaboration

Education

Bachelor's degree

AIC or other designation

Adjuster license (Oklahoma)

Tools

Arbitration Forums

Job description

SUMMARYResponsible for the technical evaluation, negotiation, and settlement of casualty subrogation files with a focus on identifying, pursuing, and maximizing recovery opportunities; minimizing loss exposure; controlling expenses; and managing the full lifecycle of arbitration filings.ESSENTIAL DUTIES & RESPONSIBILITIESManage a caseload of varying complexity files while maintaining accurate documentation and timely follow-upPrepare and submit demands to opposing insurance carriers and negotiate settlements in accordance with company procedures and industry regulationsInitiate and manage intercompany arbitration through Arbitration Forums as both Applicant and RespondentCollaborate with business partners, including attorneys and other vendors, to pursue uninsured or other at-fault partiesHandle recovery payments and process deductible reimbursementsCommunicate with insureds to provide status updates on deductible recovery effortsConduct asset investigations on claimants to support substitution of benefits decisions on UIM claimsREQUIRED SKILLS & ABILITIESAdvanced analytical, problem-solving, and critical thinking skillsStrong attention to detailExcellent written and verbal communication skillsHighly organized and skilled at prioritizing workload to meet demanding deadlinesStrong negotiation skills for settlement and recovery strategiesAbility to articulate comparative negligence, evaluate recovery potential, and make sound business decisionsDeep understanding of insurance policies, laws, industry regulations, and recovery processesAbility to work independently as well as collaboratively with internal coworkers, vendors, and attorneysEDUCATION &/OR EXPERIENCE5 years of liability claims experience requiredAuto subrogation experience preferredPrevious experience with Arbitration Forums preferredCollege Bachelor’s degree preferredAIC or other relevant insurance designation preferredActive Oklahoma adjuster license or obtained within 6 monthsPHYSICAL REQUIREMENTSThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit, reach with hands and arms to operate computer keyboard, talk and hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.