Subrogation Specialist - Remote

USAA • San Antonio, TX

287d • $48,340 - $86,630 • Remote

About The Position

As a dedicated Subrogation Specialist, you will within defined guidelines and framework, provides specialized Auto and/or Property claims service by evaluating physical damages on claims made by other insurance carriers against USAA and determining the proper indemnity owed to the claimant carrier. This position can work remotely in the continental U.S. with occasional business travel.

Requirements

• High School Diploma or General Equivalency Diploma.
• Up to 1 year subrogation claims adjusting experience or auto or property claims adjusting experience.
• Acquisition and maintenance of insurance adjuster license within 90 days and designated number of attempts.
• Developing knowledge of common law, contract and negligence laws.
• Ability to confidently resolve issues and negotiate fair settlements.
• Strong written communication skills with excellent attention to detail and accuracy.

Nice To Haves

• US military experience through military service or a military spouse/domestic partner.
• Both subrogation administration and/or claims processing experience.

Responsibilities

• Ensures coverage has been properly applied to the loss and coordinates a response with the Auto or Property adjuster when a coverage issue has been identified.
• Apply foundational knowledge of P&C insurance industry products, services, and processes to include P&C insurance policy contracts and coverages, common law, contract law, state statutes, evidence and damages.
• Reviews and audits estimates and settles claims within prescribed limits of authority.
• Effectively negotiate settlements with contractors, adjusters or any insured representative.
• Recognize and document subrogation, SIU, and salvage opportunities, and refer accordingly.
• Reimburse policyholder's deductible after recovery is made.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Benefits

• Comprehensive medical, dental and vision plans.
• 401(k) and pension.
• Life insurance.
• Parental benefits.
• Adoption assistance.
• Paid time off program with paid holidays plus 16 paid volunteer hours.
• Various wellness programs.
• Career path planning and continuing education.

What This Job Offers

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