Subrogation Specialist II

CorVel Career Site•Syracuse, NY

4d•Hybrid

About The Position

The Subrogation Specialist identifies subrogation potential within company standards and best practices and handles recovery for Workers Compensation and Property/Auto damage. This role prepares lien notice letters, negotiates settlements, and provides customer service to all stakeholders. This role is available for remote, hybrid and onsite work arrangements.

Requirements

Excellent written and verbal communication skills
Working knowledge of Microsoft Office (Word, Excel)
Effective analytical and interpretive skills
Strong organizational skills
Ability to work independently and in a team environment
Ability to negotiate settlement over the phone

Nice To Haves

Four-year degree at an accredited college or university preferred
Experience in workers comp subrogation or auto damage subrogation preferred; experience in PIP/Med Pay subrogation will also be considered

Responsibilities

Identify subrogation potential based on facts of loss, working closely with Workers' Compensation Claims Specialists or Liability Claims Specialists (property/auto)
Contact liability insurance carriers or third-party attorneys to negotiate settlements
Identify at fault parties and send lien notice letters of recovery rights via mail/email
Maintain diary to follow up on claims status and Third Party settlements
Negotiate recovery of clients’ damages
Communicate claim status with claimant and clients' risk management
Adhere to client guidelines & participate in claim reviews as needed
Develop & maintain professional customer relationships
Manage a queue of claims with a 250-300 claim volume
Assist management in filing Inter-Company Arbitration
Research, analyze, and interpret nationwide subrogation laws
Additional duties as assigned