Strategic Subrogation Recovery Specialist

Amica Mutual Insurance Company; Rhode Island; On-site; USD 60,000 - 80,000; Full time

Job summary

Amica Mutual Insurance Company in Lincoln, RI seeks a Subrogation Representative to investigate, negotiate, and recover subrogation claims. The role starts with reviewing new subrogation files for demands and may evolve to handling backlog matters, requiring excellent customer service and clear communication with insureds, claimants, and attorneys.

Requires strong organizational skills, attention to detail, and the ability to work independently or in a team.

Qualifications

• High school diploma or equivalent education required.
• Required to obtain state insurance licenses as needed and meet continuing education requirements.
• Strong organizational, file management and time management skills.
• Attention to detail and ability to prioritize.
• Excellent written and oral communication skills.
• Strong decision-making skills and ability to handle conflicts or deal with difficult situations.
• Ability to work independently and in a team environment.
• Prior subrogation knowledge and experience is a plus.
• Knowledge of Excel, Word, Outlook.
• Pursue additional insurance designations.

Responsibilities

• Evaluate liability and damages to assess subrogation potential including consideration of jurisdiction regulations.
• Identify responsible party/parties and contribution potential.
• Review and determine the best course of recovery.
• Negotiate subrogation recoveries with carriers, responsible party(s), and other legal representatives through means of direct negotiation, intercompany arbitration, or other necessary methods.
• Promptly and aggressively recover payout.
• Update appropriate parties as needed, providing new information as it becomes available and an analysis of the impact on the liability and recovery options.
• Maintain diary systems to manage files in a timely manner; documenting key activities in a clear and concise manner.
• Manage expenses on assigned files to assure cost effective resolution, including legal expenses on litigated files.
• Maintain favorable working relationships with claim offices.
• May be called upon to handle other duties as required.
• The individual selected for this position may have varying responsibilities based on their prior knowledge and experience.

Skills

Organizational skills

Attention to detail

Written & verbal communication

Independent & team work

Subrogation knowledge (plus)

Excel

Word

Outlook

Education

High school diploma or equivalent

Tools

Excel

Word

Outlook

Job description

Amica Mutual Insurance Company in Lincoln, RI seeks a Subrogation Representative to investigate, negotiate, and recover subrogation claims. The role starts with reviewing new subrogation files for demands and may evolve to handling backlog matters, requiring excellent customer service and clear communication with insureds, claimants, and attorneys.

Requires strong organizational skills, attention to detail, and the ability to work independently or in a team.