Subrogation Collections Specialist

ARMStrong Insurance Services; Itasca (IL); On-site; USD 23,419 - 26,174; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k) with company matching

PTO 18 days per year

Paid holidays 7 + 2 floating

Job summary

ARMStrong Insurance Services seeks a Subrogation Specialist to join its debt recovery team. You will communicate with businesses, gather contact data, and negotiate settlements with insurers and responsible parties.

The role includes establishing lien releases and monthly payment contracts, and coordinating documentation for disputed invoices. Ideal candidates have 1 year of 3rd party collections or subrogation experience, strong judgment, and excellent communication and organizational skills.

Qualifications

• 1 year of 3rd party collections and/or subrogation experience required.
• Exercise independent judgment, negotiate settlements.
• Strong interpersonal, communication, and organizational skills.
• Customer service experience is required.

Responsibilities

• Communicate with businesses via telephone and written correspondence.
• Obtain reliable contact information through calls, internet searches, and reports.
• Negotiate claims’ resolution with carriers, attorneys, and responsible parties.
• Establish agreements for lien releases and monthly payment contracts.
• Prepare investigative correspondence and gather background information.

Skills

Collections experience

Subrogation

Negotiation

Microsoft Office

Data entry

Excel

Communication

Organizational skills

Customer service

Tools

Microsoft Office

Excel

Job description

ARMStrong Insurance Services is the leading and most trusted name in the world of debt recovery and financial solutions. With a track record of excellence and reliability, we have proudly served businesses across various industries for decades, ensuring efficient B2B collections and tailored debt recovery solutions. As the parent company, ARMStrong is proud to own and operate Brown & Joseph, Paragon, and SubroIQ, each a powerhouse in its own right, providing specialized expertise in debt management and financial services.

SubroIQ is seeking a Subrogation Specialist as we continue to grow our team! This position includes collecting outstanding balances, providing needed documentation, coordinating the resolution of disputed invoices, and escalating high-risk customer accounts when necessary.

Job Responsibilities

• Communicate with businesses via the telephone and written correspondence
• Complete activities such as phone calls, internet searches, third-party report reviews, etc., to obtain reliable contact information
• Maintain minimum account work standards as assigned by Management.
• Negotiate claims’ resolution with insurance carriers, attorneys, and responsible parties
• Establish agreements for lien releases
• Establish monthly payment contracts
• Prepare investigative correspondence
• Acquire background information, when necessary

Job Requirements

• 1 year of 3rd party collections and/or subrogation experience required
• Exercise independent judgment
• Negotiate settlements
• Basic proficiency with Microsoft Office, data entry, and strong computer skills, Excel preferred
• Critical Thinker
• Strong attention to detail and goal-oriented
• Ability to deescalate adverse situations
• Strong interpersonal, communication, and organizational skills
• Dependability
• Customer Service experience is required

Compensation and Benefits

• $17-19 (DOE) per hour plus commission
• Benefits package with health, dental, vision, life, and disability coverage options
• 401(k) retirement plan option with company matching
• Generous paid time off policy - start with 18 days per year
• Paid holidays immediately upon hire - 7 standard holidays & 2 floating holidays of your choice

We look forward to you joining our team!

ARMStrong Insurance Services is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

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