Claims - Recovery Specialist III (HQ Based)

Cincinnati Financial • Fairfield, OH

227d • $45,000 - $55,000

About The Position

Make a difference with a career in insurance. At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we're looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Your talents will help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®. This is an HQ based position subject to the hybrid plan. Recovery Specialist III role includes overseeing subrogation efforts on small, medium, and large non-litigation auto losses, as well as providing administrative support to the Claims Recovery area and its processes. This includes processing incoming receipts, evaluating referrals to collection firms, and arbitration assignments.

Requirements

• Good verbal and written communication skills
• Ability to concentrate and pay attention to detail
• Strong decision-making skills
• Ability to effectively work independently
• Average to above average knowledge of Word, Excel, Outlook, Teams and Adobe
• Accounting basics knowledge desired
• Ability to learn claims basics and workflows
• Knowledge of the Claims Management System is valued
• Willingness to take on new responsibilities

Nice To Haves

• Some prior claims knowledge is required
• Willingness to complete the Claims education courses or sessions as needed

Responsibilities

• Oversee subrogation efforts on small, medium and large non-litigated losses
• Oversee applicant arbitration filings and collect awards
• Oversee deductible collections
• Process incoming recovery receipts
• Perform specific file review methods
• Work with field associates on effective loss investigation methods
• Manage assignment and processing of incoming receipts not processed automatically
• Evaluate collection firm referral assignments and file copy accesses
• Provide miscellaneous administrative support as needed
• Assist with auto salvage as needed

Benefits

• Annual cash bonus
• Stock incentives based on company and individual performance

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: High school or GED