Subrogation Recovery Specialist I

Federated Insurance; North Richland Hills (TX); On-site; USD 64,000 - 78,000; Full time

Benefits offered by this job

Competitive compensation

Bonus programs

Health insurance

Pension and 401(k)

Volunteer time

Gift matching

Job summary

Federated Insurance is seeking a Recovery Specialist to recover subrogation claims for Auto, Property, and Workers’ Compensation through third-party actions. The role requires a four-year business degree (or equivalent) and is preferred to have CSRP certification, with 1–2 years of related experience and strong computer skills.

Salary ranges from $63,800 to $78,000 with comprehensive benefits; candidate must be legally authorized to work in the United States.

Qualifications

• Four-year degree in a business-related field or equivalent business-related experience.
• CSRP designation preferred.
• 1–2 years of general business environment experience demonstrating strong decision making skills.
• Prior work experience handling subrogation claims preferred.
• Strong computer knowledge.
• Ability to memorize/recall information quickly.

Responsibilities

• Evaluating and/or investigating claims for subrogation potential and pursuing recovery from other parties.
• Gathering appropriate information from policyholders, claimants, and outside parties to ensure proper evaluation of recovery opportunity.
• Negotiating directly with loss parties, balancing recovery and loss accounts, to ensure an equitable resolution of the claim.
• Explaining recovery results and settlement decision to policyholders through appropriate and professional verbal and written communication.
• Determining third party liability and evaluating appropriate methods of pursuit.
• Determining appropriate deductible and SIR reimbursements.
• Handle mediation processes remotely and acts as advisor on intercompany arbitration.
• Assists in training of claims personnel on identification of subrogation.

Skills

Decision making

Computer skills

Memory recall

Education

Four-year business degree or equivalent

CSRP designation preferred

Job description

Federated Insurance is seeking a Recovery Specialist to recover subrogation claims for Auto, Property, and Workers’ Compensation through third-party actions. The role requires a four-year business degree (or equivalent) and is preferred to have CSRP certification, with 1–2 years of related experience and strong computer skills.

Salary ranges from $63,800 to $78,000 with comprehensive benefits; candidate must be legally authorized to work in the United States.