Subrogation Specialist (Loss Transfer)

CAA Club GroupMississauga, ON
Hybrid

About The Position

Echelon Insurance provides Personal and Commercial Specialty Insurance solutions to protect Canadian families and businesses across Canada, through our trusted network of Broker partners. Echelon is a member of the CAA Club Group of Companies, and is an equal opportunity employer who offers a professional environment that champions collaboration, trust, and growth to drive success. We cultivate a great working dynamic to help us deliver what is best for our associates, Brokers, and Customers. Are you ready to join an award-winning, purpose-driven culture? Welcome to the CAA Club Group of Companies (CCG), where purpose leads to passion! At CCG, we are committed to delivering an exceptional Associate experience. The Subrogation Specialist (Loss Transfer) is responsible for oversight and handling of Loss Transfer Recoveries/Payouts for automobile, long haul trucking, motorcycle, and recreational vehicle Accident Benefits claims. The claims are of varying complexity and severity.

Requirements

  • Post-secondary education or equivalent experience
  • CIP designation or working towards a CIP designation
  • Minimum of 1-3 years’ experience handling accident benefits claims or related experience
  • Excellent customer service and interpersonal skill
  • Strong organizational; decision making and problem-solving skillset

Responsibilities

  • Appropriately identify and pursue Loss Transfer recovery opportunities and reimburse Loss Transfer payouts in timely execution in adherence to Statute of Limitations period.
  • Investigate and quantify potential Loss Transfer recovery and reimbursement of Loss Transfer payout using Fault Determination Rules, police report, statements, and any other tools to assist.
  • In collaboration with the Accident Benefit/ADR team and management approval, effectively negotiate outstanding Loss Transfer amounts and Fault Determination Rules with Third-Party carrier where applicable.
  • Attendance at Pre-Hearings and Private Arbitration Hearings with other team members may be required.

Benefits

  • Work-life harmony with access to an award-winning holistic wellness program
  • Continuous learning through our robust corporate curriculum and education reimbursement program
  • Incredible rewards, travel incentives, and product and service discounts
  • Pay-for-performance and best-in-class recognition programs
  • Competitive benefits that include a defined contribution plan, personal spending account, and so much more.
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