Subrogation Manager

The Jonus Group

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profile Job Location:

Sarasota, FL - USA

profile Yearly Salary: $ 90000 - 120000
Posted on: 4 days ago
Vacancies: 1 Vacancy

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

Job DescriptionSubrogation Unit ManagerJob SummarySeeking 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...
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