Recovery Manager

BerkleyUrbandale, IA
1d

About The Position

We are seeking an experienced and strategic Subrogation Manager to lead our Property Subrogation and Vendor-Managed Recovery Desk. This role is ideal for a seasoned professional with deep expertise in managing complex, high-value property subrogation claims across both commercial and personal lines. The ideal candidate will bring a strong background in developing and executing property subrogation strategies, with a proven track record of success in managing complex recoveries and leading a panel of subrogation counsel. This leader will play a critical role in driving vendor performance, shaping claim strategy, and maximizing recovery outcomes through expert oversight and collaboration.

Requirements

  • Two years claim adjusting or subrogation handling experience.
  • Advanced knowledge of large loss and complex claim investigations and property subrogation processes (both commercial and personal lines)
  • Understanding of insurance policy language, coverage interpretation, and liability assessment
  • Knowledge of Tort Law and Arbitration Forums’ Rules and Regulations.
  • Proficiency in vendor performance evaluation and scorecarding
  • Experience managing subrogation counsel panels and third-party collection vendors
  • Ability to analyze recovery trends, loss ratios, and vendor performance metrics
  • Experience with claims management systems (e.g. ClaimCenter)
  • Familiarity with audit processes and compliance standards
  • Ability to deal tactfully and courteously with claimants, insurance representatives, and attorneys.
  • Ability to analyze facts and exercise sound judgment in arriving at conclusions.
  • Ability to speak, write, listen effectively, and organize her/his thoughts logically.
  • Ability to organize, prioritize, and manage multiple tasks in a fast-paced environment.
  • Ability to keep pace with a high volume of work.
  • Knowledge ranging from basic to advanced, of computer software, word processing, e-mail spreadsheets, and Internet navigation.
  • Proficiency in Microsoft Excel (pivot tables, data analysis) and PowerPoint (for reporting and training)
  • Openness to new ideas and concepts.
  • Ability to function independently and as part of a team.
  • Productive with positive work ethic.
  • Exhibit a positive outlook and energetic, organized behavior.
  • Ability to coach, develop and build a high performing team.
  • Accountability
  • Communication
  • Customer Focus and Teamwork
  • Innovation and Initiative
  • Flexibility

Nice To Haves

  • Completion of, or working toward, AIC, CPCU, SCLA, CSRP or similar designation preferred.

Responsibilities

  • Triage and distribute new subrogation referrals to the appropriate personnel.
  • Review and discuss claim files, provide direction on action plans, and conduct periodic file audits.
  • Communicate clear performance standards and objectives.
  • Conduct performance evaluations.
  • Create timely and accurate claim/subrogation related reports, spreadsheets, and other documents as requested.
  • Assist in developing departmental goals and objectives.
  • Provide leadership by selecting, training, developing, and positioning staff to achieve success.
  • Occasional travel is required.
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