Large Loss Subrogation Specialist
SubroIQ is the industry leader in the use of data mining tools to help carriers and claims operations improve their subrogation results.
SubroIQ is a service offering of Paragon Asset Recovery Services, Inc, a technology and services company that has been in business since 1994. We combine technology, creativity and efficient business processes to solve complex problems for insurance carriers. Our services range from finding and then recovering missed deductibles and subrogation opportunities to performing complex accounting and reconciliation functions.
SubroIQ has an immediate opening for a Large Loss Subrogation Representative. This position requires the ability to effectively work with adverse insurance carriers, subrogation experts and outside counsel to maximize our clients’ subrogation recovery opportunities from FNOL through litigation management. The position will be primarily responsible for handling large, commercial property losses, however complex files from other lines of business will also be assigned (e.g. workers compensation, cargo, marine, auto, etc.).
The position is responsible for independently handling all subrogation recovery functions associated with losses including, but not limited to, gathering claim information and evidence, coordinating outside experts, direct communication with insurance carriers and other involved parties, negotiation of liability, preparing files for arbitration and securing payment. Determining what files can be managed internally versus those that require outside counsel and subsequently overseeing litigation cases are critical aspects of the position. The position is also responsible for effectively communicating with various client contacts regarding the subrogation strategy of each file and path for closure.
Requirements
- Previous subrogation recovery experience within the P&C Insurance Industry
- Extensive exposure to commercial lines claims and litigation management
- Undergraduate degree or equivalent experience required, Juris Doctor or other legal degree preferred
- Self-motivated individual who thrives in a fast paced atmosphere
- Professional written and communication skills and well-spoken on the phone
- Ability to problem solve and negotiate
- Ability to work independently and/or remotely
- Strong interpersonal skills with great organization
- Certified Subrogation Recovery Professional (CSRP) designation desired, state licensing as required
Benefits
- Fully remote! Work from home equipment will be provided
- Medical, Dental, and Vision benefits available on the 1st of the month after 60 days
- 401k plan with company matching
- Paid vacation, company holidays, sick days, and personal days
- Quarterly and Annual Bonus opportunities