drjobs Subrogation Recovery Specialist

Subrogation Recovery Specialist

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1 Vacancy
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Job Location drjobs

Baltimore, MD - USA

Yearly Salary drjobs

$ 65000 - 85000

Vacancy

1 Vacancy

Job Description

Job Description

About Us:

At The Jonus Group we provide toptier insurance staffing solutions to clients across the country. We are currently seeking a Subrogation Recovery Specialist to join our insurance carrier clients team and assist in recovering funds through effective subrogation efforts. If you have a strong understanding of insurance claims and subrogation processes along with excellent negotiation skills we encourage you to apply.

Compensation:

  • $65000 $85000/year (flexible based on experience)
  • Annual bonus potential of up to 10
  • Excellent companypaid medical benefits
  • Generous PTO package
  • Lucrative 401(k) with company match

Requirements:

  • Bachelors degree in a related field such as Insurance Business or Legal Studies or equivalent work experience.
  • Minimum of 5 years of experience in insurance claims subrogation or collections.
  • Must have experience with salvagehandling.
  • Strong knowledge of insurance policies subrogation processes and recovery methods.
  • Excellent negotiation and communication skills.
  • Ability to manage a large caseload and work independently to achieve recovery goals.

Job Description:

  1. Investigate subrogation opportunities on personal and commercial auto.
  2. Identify responsible third parties and initiate subrogation recovery efforts in a timely manner.
  3. Communicate and negotiate with thirdparty carriers attorneys and policyholders to recover funds.
  4. Gather and analyze documentation including police reports contracts and other relevant evidence to support subrogation claims.
  5. Prepare and send demand letters to responsible parties and follow up on negotiations.

#LIMW1


Required Experience:

Unclear Seniority

Employment Type

Full-Time

Company Industry

About Company

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