Subrogation Specialist

Safety Insurance Company; Boston (MA); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

PTO & holidays

Health insurance

401(k) employer contribution

Tuition reimbursement

Discount program

Employee assistance program

Job summary

Safety Insurance is seeking a Subrogation Specialist in Massachusetts to evaluate recovery opportunities and pursue recovery against other carriers and self-insured entities. You will review claims, identify coverage, gather documentation, and negotiate settlements with responsible parties.

The ideal candidate has a college degree or equivalent insurance experience, plus 3+ years handling MA auto claims and prior subrogation or collections exposure.

Qualifications

• College degree or commensurate insurance experience required.
• Three or more years handling Massachusetts auto insurance claims preferred.
• Previous subrogation or collections experience preferred.
• Ability to work independently and manage a high caseload.

Responsibilities

• Reviews claims to determine potential for recovery.
• Identifies responsible party coverage.
• Evaluates claim liability assessments and indemnity payments.
• Gathers, investigates, and develops supporting documentation to secure appropriate settlements.
• Reviews incoming settlement offers and negotiates settlements with responsible parties when appropriate.
• Prepares files for arbitration and refers appropriate files to collection attorneys.
• Develops and maintains documentation, including case maintenance and aging file control.
• Hears arbitrations as an arbiter for Arbitration Forums.

Skills

Independent work

Caseload management

Communication skills

Education

College degree or commensurate insurance experience

Job description

Benefits of Working for SafetySafety Insurance is proud to be one of the leading property and casualty insurance providers in Massachusetts. We are committed to supporting independent agents and their customers through our unwavering dedication to excellence. Our success is built on a simple philosophy: deliver the highest quality insurance products at competitive rates while providing exceptional service at every step.At Safety Insurance, we don’t just offer jobs – we offer careers that are challenging, fulfilling, and designed to grow with you.Our people are our greatest asset. A diverse workforce makes us stronger, more innovative, and better equipped to serve our customers. At Safety, we empower our employees to be their best by fostering an inclusive environment and offering resources that support their careers, education, and families.Safety’s benefits go beyond the basics. In addition to competitive salaries, our comprehensive benefits package includes:3 weeks accrued paid time off + paid holidays each yearHealth insurance (medical, dental, vision)Annual 401(k) Employer Contribution (up to 8% of your base salary)100% tuition reimbursementWorking Advantage Discount ProgramEmployee Assistance Program…and much more!Safety Insurance has become one of the leading property and casualty insurance providers in Massachusetts mainly because of our unwavering commitment to independent agents and their customers. Our success is built on a philosophy of offering the highest quality insurance products at competitive rates and providing the best service at all costs.Through our supportive career, educational and family policies, we enable our employees to be their best. We respect the balance of work and leisure by offering flexible schedules and a 37.5 hour workweek.Along with our competitive salaries, we offer a comprehensive benefits package including medical and dental insurance, 100% matching 401k retirement plan, 100% tuition reimbursement and much, much more!Job SummaryWorking independently, Safety’s Subrogation Specialists are responsible for evaluating recovery opportunities, identifying responsible party coverage, obtaining documentation supporting liability and first-party indemnity payments, and pursuing recovery against other insurance carriers and self-insured entities.ResponsibilitiesReviews claims to determine potential for recoveryIdentifies responsible party coverageEvaluates claim liability assessments and indemnity paymentsGathers, investigates, and develops supporting documentation to secure appropriate settlementsReviews incoming settlement offersNegotiates settlements with responsible parties when appropriatePrepares files for and files arbitration when appropriateRefers appropriate files to collection attorneysDevelops and maintains documentation, including case maintenance and control over aging filesHears arbitrations as an Arbitration Forums arbiterPerforms other activities as requiredQualificationsCollege degree or commensurate insurance experience requiredThree or more years handling Massachusetts auto insurance claims preferredPrevious subrogation or collections experience preferredAbility to work independently and manage a high caseload