What are the responsibilities and job description for the Subrogation Representative position at Starr Companies?
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
We are currently seeking a dedicated and detail-oriented Subrogation Representative to join our dynamic team.
Locations: Alpharetta, Atlanta or Chicago
Hybrid work schedule
Job Description: As a Subrogation Representative, you will play a pivotal role in our claims recovery process. You will be responsible for investigating, pursuing, and recovering funds from third parties liable for damages paid by our company. This position requires strong analytical skills, excellent communication abilities, and a thorough understanding of subrogation principles and practices.
Key Responsibilities:
- Investigate and analyze claims to determine potential for subrogation recovery.
- Identify and pursue subrogation opportunities by gathering relevant information and evidence.
- Communicate effectively with insured parties, claimants, attorneys, and other involved parties to facilitate the recovery process.
- Prepare and file subrogation demands, negotiate settlements, and manage litigation processes when necessary.
- Maintain accurate and up-to-date records of subrogation activities and recoveries.
- Collaborate with internal teams, including claims adjusters and legal counsel, to ensure efficient and effective recovery efforts.
- Stay informed about industry trends, regulations, and best practices related to subrogation.
Qualifications:
- Bachelor’s degree, or equivalent work experience of 5 years or more in the insurance industry handling claims, collections, or other comparable investigative work.
- Excellent analytical and problem-solving skills.
- Outstanding written and verbal communication skills.
- Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
- Proficiency in using claims management software and Microsoft Office Suite.
- Strong negotiation skills and attention to detail.
- Strong knowledge of subrogation principles, practices, and legal processes, a plus.
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Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
