Subrogation Specialist

Brookfield Wealth Solutions, Ltd•Los Angeles, CA

1d•$78,250 - $110,500•Onsite

About The Position

We are looking for a highly capable Subrogation Specialist to join our team and work from our Chicago office. Alternatively, this position can be filled in our Albany, Los Angeles, Omaha or Richmond offices. We work together in the office five days a week in order to strengthen our culture, build team connections, and drive profitability. The position reports to the SVP, Specialty Claims located in San Antonio and is focused on adjudicating subrogation of auto and workers’ compensation claims using specialized knowledge to evaluate liability in order to pursue, negotiate and resolve subrogation claims. This is a 100% in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.

Requirements

Must have good business acumen (i.e. understand how an insurance company works and makes money, including how this role impacts both Argo Group and our customers’ ability to be profitable).
A practical knowledge of adjudicating subrogation claims, as well as an exceptional customer service focus typically achieved through:
A minimum of two years of adjudicating auto or workers’ compensation claims.
Bachelor’s degree from an accredited university required. Four additional years of related claims experience beyond the minimum experience required above may be substituted in lieu of a degree.
Must work independently and demonstrate the ability to exercise sound judgment.
Must have excellent communication skills and the ability to build lasting relationships.
Excellent evaluation and analytical skills required.
Effective time management skills and ability to prioritize workload while handling multiple tasks and deadlines.
Ability to articulate the financial value of your work at multiple responsibility levels inside our clients’ business which may include CEO.
Ability to regularly exercise discretion and independent judgment with respect to matters of significance.
Demonstrates inner strength. Has the courage to do the right thing and demonstrates it on a daily basis.
A strong focus on execution in getting things done right. Proven ability to consistently produce and deliver expected results to all stakeholders by:
Finding a way to achieve success through adversity.
Being solution (not problem) focused
Thinking with a global mindset first.
Successful traits (flexibility, ability to thrive in change, being resourceful on your own) necessary to work in a fast-paced environment that is evolving constantly.
Ability to develop and maintain productive relationships with business partners and organizational peers with a focus on timely and meaningful exchanges of information.
Exhibit natural and intellectual curiosity in order to consistently explore and consider all options and is not governed by conventional thinking.
Proficient in MS Office Suite and other business-related software(experience with URS Reinsurance Accounting System a plus).
Polished and professional written and verbal communication skills.
The ability to read and write English fluently is required.
Must demonstrate a desire for continued professional development through continuing education and self-development opportunities.
Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.

Nice To Haves

experience with URS Reinsurance Accounting System a plus

Responsibilities

Working under technical direction and within significant limits and authority, adjudicate subrogation auto and workers' compensation claims of higher technical complexity, with a direct impact on departmental results.
Negotiating settlements.
Managing subrogation claims in litigation.
Resolving issues that are generalized and typically not complex but require understanding of a broader set of issues.
Reporting to senior management and underwriters on claims trends and developments.
Acting as a resource for claims adjusters by answering questions regarding subrogation matters.
Managing diary timely and complete tasks to ensure that cases move to the best financial outcome and timely resolution.
Identifying, assigning, and coordinating the assignment and coordination of legal and expert resources to assist in case resolution.
Preparing reports for file documentation.
Applying creative solutions which result in the best financial outcome.
Having an appreciation and passion for strong claim management.