Subrogation Manager
Sarasota, FL - USA
Job Summary
Job Description
Subrogation Unit Manager
Job Summary
Seeking a highly skilled and experienced Subrogation Unit Manager to lead and oversee a property claims subrogation function in a multi-state and multi-line environment. This role involves supervising subrogation staff and vendors developing recovery strategies ensuring compliance with company policies and state regulations and maximizing subrogation recoveries. The ideal candidate will have a strong background in property claims and subrogation management with a proven ability to lead teams and drive results.
Compensation Package
- Salary Range: $90000 - $120000 per year (commensurate with experience)
- Additional Compensation: Discretionary annual bonus
- Comprehensive benefits package
Responsibilities
- Oversee all property subrogation activities including identification investigation evaluation negotiation arbitration and litigation of recovery opportunities.
- Manage and provide guidance to subrogation staff third-party administrators (TPAs) collection agencies arbitration forums and legal counsel.
- Develop update and enforce subrogation policies and procedures.
- Grant authority and provide technical direction on liability evaluation recovery strategies and settlement negotiations.
- Ensure compliance with internal policies procedures and state regulatory requirements related to subrogation and recovery practices.
- Monitor and report key subrogation metrics including recovery ratios cycle times and litigation outcomes.
- Coordinate reinsurance recovery reporting as applicable.
- Conduct quality control and auditing of subrogation files to ensure proper documentation and maximized recovery potential.
- Identify training needs and provide technical development for subrogation staff.
- Collaborate with property claims units underwriting legal finance reinsurance and external partners to ensure timely identification and preservation of recovery rights.
- Develop and execute catastrophe-related subrogation strategies including large loss and multi-party recovery efforts.
- Represent the company as a Corporate Representative in mediations arbitrations depositions or court proceedings as required.
- Travel as needed to company locations vendor sites claim sites and legal proceedings.
Qualifications/Requirements
- Education: Bachelors Degree required.
- Experience: 710 years of progressive experience in property claims and/or subrogation management with a preference for experience in FL TX and CA.
- Extensive knowledge of property claim and subrogation processes including liability analysis comparative negligence product liability contract transfer and arbitration procedures.
- Proven ability to evaluate large and complex recovery opportunities.
- Prior field claim and management experience in an insurance company or large TPA environment.
- Proficiency in Microsoft Office Suite (Word Excel PowerPoint) and familiarity with industry-standard systems such as Xactimate and Guidewire.
- Strong analytical decision-making and communication skills.
- Valid drivers license and a satisfactory Motor Vehicle Driving Record.
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Required Experience:
Manager
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