Adverse Subrogation Claims Representative

Plymouth Rock AssuranceFarmington, CT
$56,500 - $78,000Onsite

About The Position

Join Plymouth Rock Assurance, a dynamic leader in the insurance industry, as an Adverse Subrogation Claims Representative. We're seeking a seasoned professional to independently investigate, pursue, and recover monies from parties responsible for losses sustained by our insureds. As part of our team, you'll play a pivotal role in facilitating prompt collection and maximizing recovery. Your responsibilities will include assessing liability, negotiating settlements, and enhancing our processes with your expertise.

Requirements

  • Proficiency in Microsoft Office Suite products and computer skills.
  • 3 to 5+ years of experience handling auto comparative negligence claims.
  • Ability to obtain state licenses when required.
  • Strong customer service, organizational, verbal, and written communication skills

Nice To Haves

  • Working knowledge of the inter-company arbitration process is advantageous.
  • Certification from Arbitration Forums is a plus.
  • Bachelor’s degree or equivalent combination of education and experience.
  • Pursuing an insurance designation is beneficial but not mandatory.

Responsibilities

  • Analyze investigations to make liability assessments, including reviewing first and third-party statements, witness testimonies, scene photos, and other relevant data.
  • Evaluate proximate cause, negligence, and damages to adjust reserves accordingly.
  • Negotiate and settle claims within your authority, seeking guidance from supervisors when necessary.
  • Maintain an effective follow-up system on pending files and prioritize tasks efficiently.
  • Act as an intermediary between the company, preferred vendors, customers, insureds, and claimants.
  • Utilize Adverse Stream system for case management and maintain an active diary management system.
  • Respond to and draft arbitration contentions, with a willingness to become certified as an arbitrator.
  • Adhere to privacy guidelines, laws, and regulations pertaining to claims handling.
  • Scrub adverse carrier proofs to secure optimal settlements, collaborating with appraisal staff or Hyper Quest as needed.

Benefits

  • 4 weeks accrued paid time off + 9 paid national holidays per year
  • Free onsite gym at our Boston Location
  • Tuition Reimbursement
  • Low cost and excellent coverage health insurance options that start on Day 1 (medical, dental, vision)
  • Robust health and wellness program and fitness reimbursements
  • Auto and home insurance discounts
  • Matching gift opportunities
  • Annual 401(k) Employer Contribution (up to 7.5% of your base salary)
  • Various Paid Family leave options including Paid Parental Leave
  • Resources to promote Professional Development (LinkedIn Learning and licensure assistance)
  • Convenient location directly across from South Station and Pre-Tax Commuter Benefits
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