What are the responsibilities and job description for the Senior Claims Adjuster, Subrogation position at LotSolutions, Inc.?
The Sr Claims Adjuster, Subrogation will focus on delivering results for our corporate recovery strategy. This role will independently review, investigate, evaluate and resolve Commercial Property and Casualty, Lender placed and other Specialty products’ recovery efforts while maintaining effective contact with internal and external stakeholders. Management and direct oversight of third-party subrogation vendors, including assigned law firms.
Qualifications:
- Bachelor's degree or equivalent professional experience.
- At least 5 years experience handling commercial property/casualty claims or relevant experience.
- At least 4 years subrogation experience preferred.
- Adjuster's license required.
- CSRP preferred.
Primary Job Functions:
- Close working relationship with handling adjuster(s), collaborate with assigned adjusters and lead recovery activities. Maintain follow-up communication with all relevant parties, review relevant investigation reports, review claim files to ensure appropriate recovery.
- Ensure company’s subrogation rights are protected.
- Gathers necessary materials for filings or ongoing proceedings.
- Drafts and prepares comprehensive support packages and prepares claims against the appropriate liable carrier.
- Assists with negotiations process.
- Presents reports and documentation to legal counsel.
- Verifies that records are complete, accurate, signed, and notarized per requirements.
- Monitors case progress until settlement is achieved.
- Performs other related duties as assigned.
The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
Skills & Competencies Required:
- Excellent communication skills
- Ability to establish close business relationships
- Analytical, decision-making and resource management skills
- Strong commitment to superior client service
- Strong negotiating skills
- Advanced understanding of commercial property insurance contracts.
- Thorough understanding of subpoenas and legal filing processes and requirements.
- Excellent time management skills with a proven ability to meet deadlines.
- Highly proficient with Microsoft Office Suite
- Strong attention to detail
Additional Information:
Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.
