Hybrid Property Subrogation Adjuster I

AmTrust Financial Services Inc.; Chicago (IL); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services Inc. is seeking a Property Subrogation Adjuster to review subrogation claims through coverage analysis, investigation, evaluation, and negotiation. This role involves interactions with insureds, claimants, adverse parties and counsel across mid-size or mid-complexity claims.

This position is hybrid with four days in office and Fridays from home, based in our Dallas, TX office. The candidate will apply insurance knowledge, drive timely resolutions, and work within our

Qualifications

• Bachelor's degree or equivalent experience.
• 1-3 years of subrogation claims handling experience or a strong understanding of liability determinations.
• State licensure as required.
• Demonstrated proficiency with MS Office suites.
• Demonstrated skills in investigation, evaluation and negotiation.
• Strong knowledge of insurance theory and practices.

Responsibilities

• Investigates the Property claim or coverage by contacting involved or interested parties including but not limited to the insured or employer representatives, claimant or injured party, witnesses, producers and adverse parties.
• Documents strategy, action plan, and summary of correspondence in a clear, succinct and fact-based manner.
• Verifies liability and negligence for the jurisdiction, using standard language to draft positions as needed.
• Notifies all potential parties, legal representatives and insurance companies of our subrogation interest.
• Ensures quality and timely service to all internal and external customers.
• Builds relationships with internal Legal Counsel and aligns with company standards.
• Effectively negotiates and resolves litigated and non-litigated subrogation claims.
• Gains trust of other parties to negotiations and demonstrates good timing.
• Manages and controls loss adjustment expenses.
• Gathers and analyzes key issues and maintains diary entries efficiently.
• Escalates settlement decisions to management when appropriate.
• Performs other assigned duties.

Skills

Subrogation claims handling

Investigation

Negotiation

Liability determinations

Insurance theory

Education

Bachelor's degree or equivalent experience

Tools

MS Office

Job description

AmTrust Financial Services Inc. is seeking a Property Subrogation Adjuster to review subrogation claims through coverage analysis, investigation, evaluation, and negotiation. This role involves interactions with insureds, claimants, adverse parties and counsel across mid-size or mid-complexity claims.

This position is hybrid with four days in office and Fridays from home, based in our Dallas, TX office. The candidate will apply insurance knowledge, drive timely resolutions, and work within our