Senior Claims Adjuster, Subrogation

Pie Insurance

1d•$85,000 - $105,000•Remote

About The Position

Pie's mission is to empower small businesses to thrive by making commercial insurance affordable and as easy as pie. We leverage technology to transform how small businesses buy and experience commercial insurance. Like our small business customers, we are a diverse team of builders, dreamers, and entrepreneurs who are driven by core values and operating principles that guide every decision we make. The Subrogation Claims Specialist will favorably impact claim cost containment and overall Claims recovery goals by managing a caseload of subrogation claims through quality and efficient claims service, proactive negotiations, and the achievement of prompt and appropriate claim recoveries.

Requirements

Strong knowledge of insurance claim procedures
Strong written and verbal communication skills
Strong decision making and critical thinking skills
Strong negotiation skills
Ability to work in fast paced environment with accuracy
Ability to learn quickly and take on new challenges and responsibilities

Responsibilities

Review claim facts and supporting evidence to determine if subrogation exists and takes the steps necessary to initiate recovery efforts
Conduct additional investigation, including securing newly developed evidence, to maximize subrogation recoveries cost-effectively for all lines of business.
Determine the amount of potential subrogation recovery
Develop and implement a subrogation strategy and action plan for each assigned subrogation claim
Evaluate liability and conduct additional investigations, as warranted, in order to settle claims at optimal levels
Collaborate and communicate with front line adjusters to determine the most appropriate outcome, providing new facts as they become available and an analysis of their impact on the liability and settlement options.
Issue subrogation notices in accordance with state specific regulations
Provide detailed updates on subrogation status to relevant stakeholders
Maintain proactive and collaborative contact with insureds, claimants, adverse third parties, attorneys, and front-line adjusters to optimize the recovery process
Document subrogation action plan and recovery status in claim notes
Negotiate worker’s compensation and commercial auto subrogation claims with carriers, other responsible party(s), and other legal representatives or attorneys on liability and/or damages
Assist in the recovery of claim overpayments
Negotiate and compromise claim/lien settlement amounts based on the facts of each case