Claims Representative, Subrogation

plymouthrock; Boston (MA); On-site; USD 52,000 - 75,000; Full time

Benefits offered by this job

Paid time off and holidays

Free onsite gym

Tuition reimbursement

Health insurance (Day 1)

Wellness program

Insurance discounts

401(k) matching

Paid family leave

Licensure assistance

Professional development via LinkedIn

Job summary

Plymouth Rock Assurance in Boston, MA seeks a Claims Representative, Subrogation to facilitate prompt collections and maximize recovery for losses sustained by our insureds. You will assess liability, negotiate settlements, and drive improvements in our claims process.

Responsibilities include liability assessments, evaluating damages, follow-up management, and serving as intermediary with vendors, insureds, and claimants.

Qualifications

• 1+ year of experience handling auto comparative negligence claims.
• Proficiency in Microsoft Office Suite products and strong computer skills.
• Knowledge of inter-company arbitration processes is advantageous; Arbitration Forums certification a plus.
• Bachelor’s degree or equivalent combination of education and experience.

Responsibilities

• Liability assessments through analysis of investigations and statements.
• Evaluate damages and adjust reserves accordingly.
• Negotiate settlements within authority and seek supervisor guidance as needed.
• Maintain an effective follow-up system on pending files.
• Act as intermediary between company, vendors, customers, insureds, and claimants.
• Use the Adverse Stream system for case management and diary control.
• Respond to and draft arbitration contentions; willingness to become an arbitrator.
• Adhere to privacy laws and regulations related to claims handling.
• Scrub adverse carrier proofs to secure optimal settlements with appraiser support as needed.

Skills

Office Suite

Computer Skills

Communication

Education

Bachelor's degree or equivalent

Tools

Adverse Stream

Job description

Join Plymouth Rock Assurance as a Claims Representative, Subrogation, where you will play a pivotal role in facilitating prompt collections and maximizing recovery for losses sustained by our insureds. You will leverage your expertise in assessing liability, negotiating settlements, and enhancing our claims processes.

Responsibilities:

• Liability Assessments: Analyze investigations to make liability assessments, including reviewing first and third-party statements, witness testimonies, scene photos, and other relevant data.
• Evaluate Damages: Evaluate proximate cause, negligence, and damages to adjust reserves accordingly.
• Negotiate Settlements: Negotiate and settle claims within your authority, seeking guidance from supervisors when necessary.
• Follow-up Management: Maintain an effective follow-up system on pending files, ensuring efficient task prioritization.
• Serve as Intermediary: Act as an intermediary between the company, preferred vendors, customers, insureds, and claimants to facilitate smooth communication and recovery.
• Case Management: Utilize the Adverse Stream system for case management, ensuring an organized and active diary management system.
• Arbitration Contentions: Respond to and draft arbitration contentions, with the willingness to become certified as an arbitrator.
• Regulatory Compliance: Adhere to privacy guidelines, laws, and regulations related to claims handling, ensuring full compliance.
• Optimize Settlements: Scrub adverse carrier proofs to secure optimal settlements, collaborating with appraisal staff or Hyper Quest as necessary.

Qualifications:

• Experience: 1+ years of experience handling auto comparative negligence claims.
• Technical Skills: Proficiency in Microsoft Office Suite products and strong computer skills.
• Arbitration Knowledge: Working knowledge of the inter-company arbitration process is advantageous, and certification from Arbitration Forums is a plus.
• Education: Bachelor’s degree or equivalent combination of education and experience.
• Licensing: Ability to obtain state licenses when required.
• Additional Qualifications: Pursuing an insurance designation is beneficial but not mandatory.
• Communication & Organizational Skills: Strong customer service, organizational, verbal, and written communication skills to handle complex claims and negotiate effectively.

Perks and Benefits

• 4 weeks accrued paid time off + 9 paid national holidays per year
• Free onsite gym at our Boston Location
• Tuition Reimbursement
• Low cost and excellent coverage health insurance options that start on Day 1 (medical, dental, vision)
• Robust health and wellness program and fitness reimbursements
• Auto and home insurance discounts
• Matching gift opportunities
• Annual 401(k) Employer Contribution (up to 7.5% of your base salary)
• Various Paid Family leave options including Paid Parental Leave
• Resources to promote Professional Development (LinkedIn Learning and licensure assistance)
• Convenient location directly across from South Station and Pre-Tax Commuter Benefits

Salary Range: $52,000-$75,000 a year.Actual compensation will vary based on multiple factors, including employee knowledge and experience, role scope, business needs, geographical location, and internal equity.

About the Company

The Plymouth Rock Company and its affiliated group of companies write and manage over $2 billion in personal and commercial auto and homeowner’s insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 1,900 people and is headquartered in Boston, Massachusetts.Plymount Rock Assurance Corporation holds an A.M. Best rating of “A-/Excellent”.