Subrogation Specialist, Sr. jobs in Providence, RI

Subrogation Specialist, Sr. is responsible for subrogation activities including the identification and research of subrogation claims. Assists in the recovery of overpayments. Being a Subrogation Specialist, Sr. coordinates with other departments, insurance representatives and members. Processes subrogation, workers' compensation, and other claims where third-party liability exists. Additionally, Subrogation Specialist, Sr. develops cases resulting from beneficiary or provider-initiated inquiries, internal referrals, personal research, or computer-generated reports. Requires a high school diploma. Typically reports to a supervisor. The Subrogation Specialist, Sr. works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Subrogation Specialist, Sr. typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)

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Subrogation /Recoveries Specialist
  • Falvey Insurance Group
  • North, RI FULL_TIME
  • Summary of Position

    The Recoveries Specialist is a mid-level position that dynamically enhances the company’s success by applying the principles of subrogation to settled claims in order to recoup funds from liable parties whereby reducing overall loss ratios. The candidate should have experience working in an insurance claims, recoveries or legal setting and will be responsible for initializing, negotiating, and settling all assigned recovery claims.

    Position Functions

    The Recoveries Specialist is responsible for providing world class customer service and support to key stakeholders in all aspects of recovery/subrogation handling. The candidate will:
    1. Review claim files to identify, analyze and interpret subrogation potential.
    2. Prepare recovery demands and commence action by sending complete, accurate and detailed supports that identify and assert the liability of third parties across multiple lines of business utilizing in house proprietary systems.
    3. Utilize internal diary system to maintain regular ongoing communication with liable parties and prevent files from going stale.
    4. Directly consult with and assist in-house legal team on complex recovery claims.
    5. Refer applicable files to outside subrogation counsel if warranted.
    6. Maintain organized and detailed recovery claim files within internal database.
    7. Record and processes all recovery payments, issue payments for subrogation expenses and ensure policyholders are reimbursed proportionately.
    8. Maintain accurate and complete subrogation reports as directed and provides management with regular updates and status reports on subrogation files.
    Knowledge, Skills, & Abilities

    The candidate should be customer service orientated, demonstrate a positive attitude and the ability to share knowledge and work effectively in a team environment with all levels of company staff.  Additional skills include strong professional verbal and written communication, mathematics and analytics, time management and highly organized with the ability to manage and prioritize multiple projects independently in a fast-paced office environment.

    Other Requirements

    A working knowledge of all Microsoft Office products, Adobe, spreadsheet software, and general computer skills.
    A willingness to complete continuing education in the insurance field and participate regularly in professional development opportunities.

    Physical Requirements

    Must be able to sit and operate a computer; answer and communicate effectively on a telephone; operate fax and copy machine.

    Supervisory Responsibilities

    None

    Equipment Used

    Computer, telephone, fax machine, copy machine, postage meter, scanner.

    Hours of Operation and Working Conditions

    This position’s work hours are Monday through Friday 9am to 5pm, in a business-casual office environment. We currently operate in a hybrid capacity with 3 days in the office, Wednesday and Thursday are required and 2 days at home. This position requires occasional flexibility for working additional hours to accomplish project objectives. Occasional business travel may be required.
  • 1 Month Ago

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Sr. Change & Release Management Specialist
  • Eliassen Group
  • Johnston, RI FULL_TIME
  • Job Description Our industry-leading insurance client is seeking a Senior Change & Release Management Specialist. This is a hybrid role, must be able to commute to Johnston, RI. We can facilitate w2 a...
  • 5 Days Ago

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Kitchen Designer/Sales Consultant
  • RIHI The Kitchen and Bath Specialist
  • Warwick, RI FULL_TIME
  • In-Home sales: Kitchen DesignerRIHI is a full-service Kitchen and Bath Remodeling company specializing in residential remodeling. We have been family-owned and operated for 75 years. Our mantra is to ...
  • 16 Days Ago

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Sr. Staff Engineering Specialist - Pressure Vessels and Systems SME
  • Factory Mutual Insurance Company
  • Johnston, RI FULL_TIME
  • Overview FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property ins...
  • 28 Days Ago

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Sr. Staff Engineering Specialist - Pressure Vessels and Systems SME
  • Jobs for Humanity
  • Johnston, RI FULL_TIME
  • Job Description More information about this job:Overview: FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with e...
  • 29 Days Ago

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Sr. Paralegal
  • Robert Half
  • New York, NY PER_DIEM
  • Our client is seeking a corporate paralegal for their midsized firm on Wall Street. The firm is an established law firm focusing on both litigation and corporate matters. The below role will be report...
  • 16 Days Ago

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0 Subrogation Specialist, Sr. jobs found in Providence, RI area

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Massachusetts Auto Damage Appraiser
  • Amparo Insurance
  • Needham, MA
  • Your Title: Auto Damage Appraiser Our/Your Location: Massachusetts. This is a field position covering Framingham, Everet...
  • 4/25/2024 12:00:00 AM

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Class A CDL Truck Driver DRY VAN - HIRING IMMEDIATELY Up to $90K!
  • Western Express
  • Providence, RI
  • HAVE YOUR CDL-A? SPEAK WITH A SEATING SPECIALIST TODAY! (888) 383-7295 Real Miles. Real Money. Western Express has immed...
  • 4/25/2024 12:00:00 AM

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Sr. Process Engineer
  • Katalyst HealthCares and Life Sciences
  • Providence, RI
  • Responsibilities: 3+ years of process development experience supporting ongoing optimization and improvement in a medica...
  • 4/24/2024 12:00:00 AM

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Software Engineer, Machine Learning Specialist- PyTorch Open Source
  • Facebook
  • Providence, RI
  • Summary: Facebook is seeking a data center Critical Facility Engineer to join our Data Center Facility Operations team. ...
  • 4/24/2024 12:00:00 AM

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Coordinator for Mentorship and Networking at Brown RISD Hillel
  • Hillel International
  • Providence, RI
  • Coordinator for Mentorship & NetworkingBrown RISD HillelThe past two years have marked a period of significant, positive...
  • 4/24/2024 12:00:00 AM

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Area Business Manager, Providence, RI
  • Sanofi
  • Providence, RI
  • Area Business Manager, Providence, RI page is loaded Area Business Manager, Providence, RI Apply locations Providence, R...
  • 4/24/2024 12:00:00 AM

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Bilingual Massachusetts Auto Damage Appraiser
  • Amparo Insurance
  • Needham Heights, MA
  • Amparo is an innovative auto insurance company that aims to provide affordable, reliable insurance products to a niche b...
  • 4/23/2024 12:00:00 AM

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Massachusetts Auto Damage Appraiser
  • Amparo Insurance
  • Needham Heights, MA
  • Your Title Auto Damage Appraiser Our/Your Location Massachusetts. This is a field position covering Framingham, Everett,...
  • 4/22/2024 12:00:00 AM

The Providence city limits enclose a small geographical region with a total area of 20.5 square miles (53 km2); 18.5 square miles (48 km2) of it is land and the remaining 2.1 square miles (5.4 km2) is water (roughly 10%). Providence is located at the head of Narragansett Bay, with the Providence River running into the bay through the center of the city, formed by the confluence of the Moshassuck and Woonasquatucket Rivers. The Waterplace Park amphitheater and riverwalks line the river's banks through downtown. Providence is one of many cities claimed to be founded on seven hills like Rome. The...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Subrogation Specialist, Sr. jobs
$55,990 to $70,794
Providence, Rhode Island area prices
were up 1.6% from a year ago