Subrogation Adjuster III

Amtrust Financial Services a fastgrowing commercial insurance company is seeking a Subrogation Claims Adjuster with Workers Compensation experience. The successful candidate will directly handle subrogation related claims. This adjuster role is responsible for prompt and independent investigations and review of subrogation claims through effective coverage analysis and liability investigation. In this role the adjuster is responsible for negotiations and interactions with insureds claimants adverse parties and counsel. The successful candidate will evaluate risk transfer opportunities as well as ensuring appropriate investigation of the underlying facts and circumstances is carried out proper experts are retained and utilized where necessary selection and utilization of counsel is appropriate and proper negotiation strategy is employed. This position reports to a line of business supervisor or manager.

This position will require hybrid attendance 3 days per week in an AmTrust location and is posted remotely for nationwide visibility.

• Investigates the claim or coverage by making timely and appropriate contact with involved or interested parties including but not limited to the insured or employer. representatives claimant or injured party witnesses producers and adverse parties.
• Documents strategy action plan and summary of correspondence in a clear succinct and factbased manner.
• Notifies all potential parties legal representatives and insurance companies of our subrogation interest.
• Ensures quality and timely service is provided to all internal and external customers whether directly or indirectly.
• While working with internal or assigned Legal Counsel will build strong relationships and apply company principles and standards.
• Effectively negotiates and resolves litigated and nonlitigated subrogation claims and leverages relationships to achieve optimal outcomes.
• Manages and controls loss adjustment expenses while pursuing the best potential recovery outcomes.
• Builds and leverages critical thinking and decisionmaking skills to gather assess analyze question verify interpret and understand key or root issues.
• Effectively prioritizes work while driving claims resolution for the best potential outcome.
• Escalates claims decisions regarding settlement determination when appropriate to management.
• Performs other functional duties as assigned.

• Bachelors degree or equivalent experience.
• State licensure as required.
• Demonstrated proficiency with MS Office suites.
• Demonstrated skills in loss investigations evaluations and negotiations.
• Knowledge of insurance liability theory and practices.

Preferred:

• 13 years of relevant experience.
• Multijurisdictional exposure preferred.
• Ability to obtain licensure as required.
• Some ability to travel may be required.
• Commercial general liability experience preferred.

Unique Minimum Qualifications:

• Sound technical experience with negotiations and investigations.
• Candidate should have knowledge of commercial general liability commercial automobile property and/or Workers Compensation insurance coverages.
• Ability to review and interpret contracts legal documents and medical records.
• Knowledge of jurisdictional statutes and case law.
• Ability to communicate effectively and clearly with many different parties both verbally and written.
• Knowledge of claim procedures policies state and federal laws and insurance regulations.
• Experience with litigation mediation and arbitration.

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities duties or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time

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AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans Life Insurance including eligible spouses & children Health Care Flexible Spending Dependent Care 401k Savings Plans Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race ethnicity gender sexual orientation culture religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds skills and perspectives of its workforce it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative enabling us to attract retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company how we operate and how we see our future.