Subrogation Adjuster

 Monday, October 1, 2018

Job Description Republic Western's Subrogation department is looking for a Specialist to perform subrogation on commercial, excess, and non-standard auto claims, as well as U-Haul equipment damages. You will be responsible for the identification and collection of subrogation recoveries including first party U-Haul equipment damages, third party auto liability damages, commercial general liability damages and bonds. Additionally, you will be responsible for the collection of policy deductibles, salvage proceeds and overdue policy premiums.

Employment Status: Full Time

Position Requirement: Must be able to properly document the UHIR system with completed activities, keep assignments on a short diary for prompt resolution
Heavy phone work required, candidate must posssess excellent customer service skills including excellent verbal and written communication abilities
Follow the structured policy and procedures of subrogation.
Track and monitor payments and payment arrangements
All other duties as required that ensures complainace with state Department of Insurance (DOI) regulations
Responsible for identification and collection of subrogration recoveries including first party U-haul equipment damages. third party auto liability damages, commercial general liability damages and bonds.
Maintain current knowledge of, and strict adherence to, the "Fair Debt Collections Act"
Must be able to evaluate trends in the collection industry, determine the value of subrogation and the collectability of same and pursue recovery damages
Work with adjusters to secure the required investigation documentation to support the subrogation claim including contracts, policies, skip trace investigations, people tracking, determining actual cash value of loss, maintenance records, police, fire, expert witness reports and any other pertinent information necessary for successful collection of claim payments and debts

Benefits: Yes

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