Arbitration Subrogation Specialist
Company: Afni
Location: Austin
Posted on: May 28, 2023
Job Description:
Description
TheArbitration Subrogation Specialist is responsible for the
recovery of subrogation claims from insurance carriers and
self-insured entities. These claims could also involve multiple
tortfeasors. The majority of these claims would be carrier to
carrier claims but the Specialist III could also work consumer,
auto, property and medial/PIP claims if the workload dictates.
Responsibilities include working with our clients, insured,
claimants, and local and state government offices, appropriately
documenting information to achieve recovery of these subrogation
claims.If you are hired for a remote/work at home position, we will
provide the equipment required to fulfill the role
Essential Functions and Responsibilities:
The Subrogation Specialist III may perform some or all of the
duties listed below:
- Process carrier to carrier subrogation files in varying lines
of business including property, restitution and product
liability.
- Review files using a diary system in order to handle
correspondence.
- Respond promptly and professionally to client, insured, carrier
requests as well as other incoming calls.
- Choose course of action with regard to new subrogation files to
assure cost effective resolution.
- Review files for adequacy of investigation and measure of
damages to determine whether to pursue arbitration.
- Prepare and review the initial content of each file while
documenting and tracking all ongoing verbal and written
correspondence in the SCP Nuvue systems as well as applicable
client systems.
- Process letters and authority requests.
- Research the application of laws and statutes as it applies to
specific claims in each state.
- Negotiate adjusted settlements with claimants, carriers and
attorneys.
- Prepare and distribute settlement offer information to
client.
- Assist the Specialist I and II with day to day questions and
system restraints.Arbitration specific responsibilities:
- Respond professionally and promptly to telephone calls and emails
from client brokers, insured, general adjusters, claimants,
witnesses, attorneys, and underwriters.
- Review files using a diary system in order to handle
correspondence.
- Prepare and review the initial applicant Arb, counter and
response/counter Arbitrations
- Research the application of laws and statutes as it applies to
specific claims in each state.
- Communicate effectively with insured, general adjusters,
claimants, witnesses, attorneys, experts and underwriters in order
to obtain and or provide necessary information.
- Determine appropriate claim amounts and review subrogation.
Evaluate claims based on information and liability factors.
What you'll get:
- Full-time. 40 hours per week schedule with overtime
opportunities if you'd like
- Job stability.
- Training. Extensive paid product and service training.
- Paid time off.
- Benefits. Medical, dental and vision insurance with premiums
partly paid by the company!
- College tuition reimbursement.
- Referral Program. One of the best unlimited employee referral
bonus programs out there!
- Career Growth. Gain great experience to promote to higher roles
and leadership training to prepare you for the next step!
- Annual Performance Reviews. We reward your hard work with
annual wage increases!
VIVas
Requirements
Minimum Job Requirements (Education, Experience, Skills):
- High school diploma or GED, college degree preferred.
- Five to eight years of proven subrogation or claims experience
that includes substantial exposure to carrier to carrier claims is
preferred.
- Three to five years previous Arbitration writing experience is
preferred
- Ability to type 30 WPM with 85% accuracy.
- Appraisal certification may be required.
- Ability to work independently.
- Successful completion of relevant insurance industry courses
strongly preferred.
- Property, medical pay and workers compensation experience is
preferred
- Strong analyzing and negotiating techniques.
- Excellent organizational and time-management skills.
- Responds to internal and external requests in a timely manner
and works to deliver quality service. Consistently demonstrates
accuracy and attention to detail.
- Communicates clearly and logically using appropriate written
and oral techniquesSeeks clarification for unclear or missing
information.
- Demonstrated reasoning and problem solving abilities.
- Ability to build and maintain relationships.
- Work with sense of urgency.
- Demonstrates a sincere interest in listening to and responding
to customer concerns and solving their issue in a timely
manner.
- The ability to work independently and interact well within a
team environment.
Referral Program:
Did you know we have one of the most lucrative referral programs
around? Here's how it works:
For more info on our Buddy Bucks Referral Program, watch this
video: https://www.youtube.com/watch?v=YS1nZ7w0mmk
Keywords: Afni, Austin , Arbitration Subrogation Specialist, Other , Austin, Texas
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