What are the responsibilities and job description for the Subrogation Claims Adjuster - Florida Claims Adj Required position at North American Risk Services (NARS)?
Job Description
Subrogation Claims Adjuster – Auto/Property or Worker's Comp Exp Required
Work collaboratively with team members to bring subrogation claims to resolution while striving for a maximum success rate. Must be able to effectively evaluate liability, conduct causation and liability analysis, identify all at-fault parties and other sources of recovery and place parties on notice of claim. Ability to confirm and document damages, send demands, negotiate settlements, and represent the interests of our clients and their insureds. Must possess a general understanding of various state statutes and changes in those laws that pertain specifically to subrogation. Handle a caseload commensurate with the complexity level of claims assigned.
Essential Duties and Responsibilities:
Education / Licensing
North American Risk Services (NARS) is a premier third-party claims administrator that is dedicated to producing the best possible results for our clients. "Founded in 1996, NARS handles claims for insurers, brokerages, managing general agencies, reinsurers, liquidation bureaus, self-insured funds and entities."
For more career opportunities and to learn more about NARS, please visit www.narisk.com.
North American Risk Services (NARS) is a premier third-party claims administrator that is dedicated to producing the best possible results for our clients. "Founded in 1996, NARS handles claims for insurers, brokerages, managing general agencies, reinsurers, liquidation bureaus, self-insured funds and entities." For more career opportunities and to learn more about NARS, please visit www.narisk.com.
Subrogation Claims Adjuster – Auto/Property or Worker's Comp Exp Required
- Previous experience in Worker's Compensation subrogation strongly preferred
- Previous claims experience in a Third Party Administrator environment preferred
- Professional Growth Opportunities
- 100% Work-From-Home
- Comprehensive Benefits (Medical, Dental & Vision & 401k, much more - effective immediately)
- Paid Time Off & Paid Holidays
Work collaboratively with team members to bring subrogation claims to resolution while striving for a maximum success rate. Must be able to effectively evaluate liability, conduct causation and liability analysis, identify all at-fault parties and other sources of recovery and place parties on notice of claim. Ability to confirm and document damages, send demands, negotiate settlements, and represent the interests of our clients and their insureds. Must possess a general understanding of various state statutes and changes in those laws that pertain specifically to subrogation. Handle a caseload commensurate with the complexity level of claims assigned.
Essential Duties and Responsibilities:
- Reviews and continues the pursuit of subrogation on a current case load.
- Evaluates the legal liability to pursue recovery including the duty owed, breach of that duty, proximate cause, and damages.
- Identifies and pursues alternative avenues of recovery that may not have been previously investigated. Directs the claims investigation when needed so that a proper foundation is laid to rule out or confirm the potential of recovery.
- Ability to identify gaps in investigation and take initiative to complete investigations, including securing of official reports, taking statements, etc.
- Effectively communicates with policyholders, insurance adjusters, underwriters, attorneys, and agents in a timely and professional manner.
- Establishes accurate recovery projection based upon liability and damages.
- Maintains and controls the subrogation pursuit through collaboration with attorneys, vendors, and insureds.
- Utilizes a diary system to proactively move claims toward recovery. Other duties as assigned.
- This role requires extended periods of computer screen usage for tasks such as data entry, research, and virtual meetings.
- The ability to maintain focus and productivity while working for long hours in front of a screen is essential.
Education / Licensing
- High School Diploma or equivalent required, 2-year degree or higher preferred.
- 3 years subrogation experience required.
- Must possess a current Florida Adjusters license or required jurisdictional licensing.
- Must have a high level of interpersonal skills to handle sensitive and confidential situations and information.
- Must have negotiation and litigation skills for heavy work with attorneys and arbitration on first- and third-party claims.
- Must be able to work independently and possess excellent written and verbal communication skills.
- Must be able to sit for long periods of time.
- Must be able to travel when needed.
- Advanced knowledge of a variety of computer software applications in word processing, spreadsheets, database, and presentation software. (Microsoft Office platform.)
North American Risk Services (NARS) is a premier third-party claims administrator that is dedicated to producing the best possible results for our clients. "Founded in 1996, NARS handles claims for insurers, brokerages, managing general agencies, reinsurers, liquidation bureaus, self-insured funds and entities."
For more career opportunities and to learn more about NARS, please visit www.narisk.com.
North American Risk Services (NARS) is a premier third-party claims administrator that is dedicated to producing the best possible results for our clients. "Founded in 1996, NARS handles claims for insurers, brokerages, managing general agencies, reinsurers, liquidation bureaus, self-insured funds and entities." For more career opportunities and to learn more about NARS, please visit www.narisk.com.
