What are the responsibilities and job description for the Subrogation Specialist position at Abrams Fensterman?
Subrogation Specialist
Our legal team is committed to providing each client with quality counsel, innovative solutions, and personalized service. Founded in 2000, the firm offers the legal expertise of its 110 attorneys, who have accumulated experience and problem-solving skills over decades of practice.
We are a vibrant, busy, and growing full-service law firm seeking a Subrogation Specialist with at least 3 years of experience to become a part of our firm! You will investigate, analyze, and determine the extent of our client’s liability in automobile property damage claims.
Job 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.
• Act 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.
Qualifications:
• Must have good business acumen (i.e. understand how an insurance company works and makes money, including how this role impacts both and our customers’ ability to be profitable).
• A practical knowledge of adjudicating subrogation claims through:
• A minimum of 3 years of experience adjudicating auto or workers compensation claims.
• Bachelor’s degree from an accredited university requires four additional years of related experience adjudicating claims may be substituted in lieu of a degree.
• Must possess or have ability to quickly obtain a license in each jurisdiction requiring a license to adjudicate claims.
• Must have excellent communication skills and the ability to build lasting relationships.
• Exhibit natural curiosity
• Desire to work in a fast-paced environment.
• Excellent evaluation and strategic skills required.
• Strong claim negotiation skills a must.
• Must possess a strong customer focus.
• 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.
• Must work independently and demonstrate the ability to exercise sound judgment.
• Demonstrates inner strength. Has the courage to do the right thing and demonstrates it on a daily basis.
• Intellectual curiosity. Consistently considers all options and is not governed by conventional thinking.
• Proficient in MS Office Suite and other business-related software.
• 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.
Benefits: Medical, Dental, 401K, Life Insurance
This position is based out Brooklyn, NY.
Salary : $55
