First Student · 1 week ago
Worker's Compensation Subrogation Specialist
First Student is a leading transportation company committed to safety and innovation, employing over 60,000 individuals. The Worker’s Compensation Subrogation Specialist will investigate and evaluate legal liabilities in Workers' Compensation claims, coordinating recovery opportunities and pursuing them in accordance with legal and policy guidelines.
Responsibilities
Conduct investigation to determine a claim's subrogation potential and pursue appropriate recovery
Identify, investigate and gather proper information in support of recovery opportunity in a timely and effective manner
Prepare materials and documentation on unsettled claims to communicate to all relevant parties inclusive of; claims professionals, clients, attorneys, collection agencies and possible arbitration, if appropriate, for further legal action
Negotiate settlements with responsible parties. If a settlement can't be reached, directs legal action or arbitration versus potentially responsible parties
Maintain active diary to ensure all claims are aggressively pursued
Prepare necessary documentation in a timely manner in accordance with state filing requirements
Perform all subrogation record keeping by maintaining a current status in documents and notes
Assemble and analyze data relative to subrogation recognition, pursuit and recovery with objective of ensuring optimal performance
Maintain technical and regulatory expertise. Monitor judicial and legislative developments to promptly identify, analyze and communicate changes impacting recovery strategies
Other duties as assigned
High degree of judgment and initiative to design and implement collection strategies
Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work
Qualification
Required
5 - 7 years of progressively responsible experience in successfully handling Workers' Compensation subrogation, Automobile, General Liability and Property claims handling or subrogation experience; multiple jurisdictional expertise preferred
Understanding of medical terminology, physical damage repair and negligence laws is required
Excellent verbal and written communication skills will be needed
Demonstrated leadership, coaching and teamwork skills are essential
Bachelor's Degree or equivalent experience is required; professional designations (CPCU, AIC, etc.) are a plus
Company
First Student
First Student is a school bus operator, provides student transportation services. It is a sub-organization of FirstGroup.
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
U.S. Environmental Protection Agency
2024-01-08Grant
2021-04-23Acquired
Leadership Team
Recent News
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