Job description
Claims Recovery Representative - Workers Compensation Subrogation
Job Summary
Seeking a dedicated and detail-oriented Claims Recovery Representative specializing in Workers Compensation Subrogation. This is a fully remote, permanent position offering an excellent opportunity to join a financially strong and reputable organization. The successful candidate will be responsible for managing a portfolio of subrogation claims, conducting investigations, and negotiating recoveries. This role requires a proactive individual with strong analytical, communication, and organizational skills.
Compensation Package
- Salary Range: $80,000 - $95,000 per year (final compensation based on qualifications, location, and other considerations).
- Benefits Include:
- Comprehensive medical, vision, disability, and life insurance.
- Enhanced dental plan with orthodontia coverage.
- Generous PTO plan and paid company holidays (including 4 floating holidays).
- Paid parental leave.
- Employee Retirement Savings Plan/401(k) with company match and immediate vesting.
- Wellness initiatives, including fitness center and Weight Watchers reimbursement programs.
- Voluntary benefits such as accident, critical illness, and hospital indemnity coverage.
- Employee discount and rewards program for travel, tickets, electronics, and more.
Responsibilities
As a Claims Recovery Representative, your key responsibilities will include:
- Managing a caseload of lower to moderate complexity subrogation claims, ensuring quality service and timely resolutions.
- Conducting detailed investigations to identify liable third parties, gathering evidence, and coordinating site inspections.
- Issuing demands, filing liens, and negotiating recoveries with responsible parties and their insurers.
- Maintaining accurate and up-to-date claim files, including tracking statute of limitations and referring delinquent accounts to collection agencies.
- Reviewing open and closed workers compensation claims to evaluate subrogation potential.
- Assisting adjusters in identifying claims with subrogation opportunities and providing training as needed.
- Preparing claims for arbitration and adhering to arbitration guidelines and deadlines.
- Staying current with changes in insurance contracts, statutory and common law, and state statutes.
Qualifications/Requirements
To be successful in this role, candidates must meet the following qualifications:
- Education: Bachelor’s Degree from an accredited four-year college or university.
- Experience:
- Minimum of 2 years of experience as a workers compensation recovery professional.
- Additional experience as a workers compensation adjuster is a plus.
- Licensing: Adjuster license and confirmation of home state license.
- Skills:
- Strong knowledge of insurance contracts, statutory and common law, and state statutes.
- Excellent critical thinking and problem-solving skills.
- Strong written and verbal communication skills.
- Effective time management and organizational abilities in a remote work environment.
- Proficiency in Microsoft Office programs, particularly Excel, and claims software systems.
- Strong interpersonal and negotiation skills, especially in challenging situations.
- Mathematical proficiency to analyze data and perform calculations.
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