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Gallagher Re · 3 months ago

Senior Subrogation Specialist

United States

Full-time

Remote

Senior Level

$73K/yr - $117K/yr

5+ years exp

Gallagher Re is a leading organization dedicated to guiding clients towards positive outcomes in health and wellbeing. They are seeking a Senior Subrogation Specialist to analyze and settle moderately complex claims, manage the full-life cycle of assigned claims, and negotiate settlements with various parties involved in the claims process.

ConsultingInsuranceRisk Management

Responsibilities

Analyzes coverage and settles moderately complex claims in one or more of Gallagher Bassett's specialty claims areas

Generally, incumbent does not work on workers compensation claims

Able to manage the full-life cycle of all assigned claims files

Analyzes coverage and determines defense obligations

Under minimal supervision, conducts thorough analysis and investigations necessary to determine claims exposure and recommend appropriate settlement strategies and action plans

Creates reservation of rights and coverage denial letters

Negotiates settlements with clients, client attorneys, and Public Adjusters

Interacts extensively with various parties involved in the claims process, and may recommend retaining the advice of outside experts as necessary

Prepares reserve and settlement authority requests for client and carrier approval

May act as a client advocate with carriers to ensure proper claims handling, including any necessary scoping, estimating, and addressing of coverage

Has a solid understanding of claims processing and the insurance brokerage business

Has a basic understanding of the terminology and case law associated with their specialized claims niche/industry

Handles claims consistent with clients' and corporate policies, procedures and best practices and also in accordance with any statutory, regulatory and ethical requirements

Incumbents at this level should be able to work at full case load capacity

Qualification

Claims ExperienceMulti-Jurisdictional KnowledgeAdjuster LicenseClaims ProcessingBusiness Software ProficiencyAnalytical SkillsClient AdvocacyNegotiation Skills

Required

High School Diploma

Minimum of 5 years related claims experience

Appropriately licensed and/or certified in all states in which claims are being handled

Knowledge of accepted industry standards and practices

Computer experience with related claims and business software

Preferred

Claims Background: Minimum of 5 years' experience handling lost time workers compensation subrogation, 3rd party negligence, high complex and large dollar amounts for a carrier, TPA or both

Jurisdictional Experience: Multi-Jurisdiction

Active Adjusters' licenses: Not required, but preferred to have either all lines or workers compensation adjuster license

Bachelor's Degree