Total Loss Recovery Strategist — Negotiation & Claims

Penske

Reading (Berks County)

On-site

USD 70,000 - 100,000

Full time

8 days ago
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Job summary

Penske is seeking a Total Loss Recovery Specialist to manage end-to-end recovery claims, identify recovery opportunities, and pursue maximum recovery through skilled negotiation with customers, insurers, and third parties. This role interfaces with senior leadership and requires clear, strategic communication and sound judgment.

The position involves liability investigation, documentation gathering, demand preparation, negotiation, and close coordination with internal teams to ensure accurate

Qualifications

  • Bachelor's degree in business, Finance, Risk Management or related field preferred.
  • CSRP, AIC, ARM certifications helpful but not required.
  • 3–5 years of total loss or liability claims experience preferred.
  • Experience negotiating with insurance carriers and commercial customers is highly valued.
  • Knowledge of insurance claims principles and subrogation theory.

Responsibilities

  • Review claims to establish facts, determine liability, identify recovery path.
  • Prepare and issue formal recovery demands with thorough documentation.
  • Negotiate settlements to maximize financial recovery while maintaining relationships.
  • Maintain proactive stakeholder communication regarding claim status and resolutions.
  • Process recoveries, ensure proper accounting and invoicing for customer obligations.
  • Document thoroughly and manage follow-up diaries for all files.

Skills

Communication skills
Negotiation
Decision making
Customer relations
Analytical thinking

Education

Bachelor's degree in business/Finance/Risk Management
CSRP / AIC / ARM certifications

Tools

Microsoft Office

Job description

Penske is seeking a Total Loss Recovery Specialist to manage end-to-end recovery claims, identify recovery opportunities, and pursue maximum recovery through skilled negotiation with customers, insurers, and third parties. This role interfaces with senior leadership and requires clear, strategic communication and sound judgment.

The position involves liability investigation, documentation gathering, demand preparation, negotiation, and close coordination with internal teams to ensure accurate

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