What are the responsibilities and job description for the Property Damage Subrogation Specialist position at Lonestar?
We are seeking the ideal candidate for our Property Damage Subrogation Specialist opening for our growing insurance company!
Property Damage (PD) Subrogation Specialist
Recover What Matters. Make an Impact. Grow Your Career.
Are you an experienced auto insurance subrogation professional who enjoys investigating liability, negotiating successful recoveries, and achieving results? We're looking for a Property Damage (PD) Subrogation Specialist to join our Claims team. In this role, you'll take ownership of auto property damage subrogation files from start to finish, working with insurance carriers, attorneys, and uninsured motorists to maximize recoveries while delivering exceptional claim outcomes.
If you're a skilled negotiator with strong knowledge of auto liability and thrive in a fast-paced, collaborative environment, we'd love to hear from you.
The PD Subrogation Specialist will be responsible for the handling and resolution of all auto property damage subrogation claims. Must have the ability to determine, develop and negotiate the theory of liability with Third Party Carriers, attorneys and uninsured motorists, as well as resolve files in accordance with company objectives and applicable state regulations.
DUTIES & RESPONSIBILITIES:
- Review evidence required supporting property damage subrogation activity on claims in accordance with policy contract, corporate claims policy and state regulations
- Contact appropriate parties, insurance carriers, and attorneys, to negotiate settlements which are in compliance with company objectives and applicable state regulations
- Evaluate all counter claims that present themselves and review with Claims management
- Review settlement offers with Claims management to ensure they are in compliance with company objectives and applicable state regulations
- Achieve/maintain company goals
- Perform other duties as assigned
QUALIFICATIONS REQUIRED:
- Minimum of 2-3 years of auto insurance company subrogation experience
- Minimum of 8-10 years of non-standard auto carrier experience
- Knowledge of liability law
- Good interpersonal, organizational, and verbal/written communication skills
- Ability to pass written examinations where required by state statutes to become a licensed claims adjuster
- Ability to work on an on-line computer-based claims system
- In-Office position
Preferred:
- College degree
Lonestar provides a competitive benefits package to all full- time employees. Following are some of the perks Lonestar employees receive:
- Competitive Salaries
- Commitment to your Training & Development
- Medical and Dental and Vision Reimbursement
- Short Term Disability/Long Term Disability
- Life Insurance
- Flexible Spending Account
- Telemedicine Benefit
- 401k with a generous company match
- Paid Time Off and Paid Holidays
- Tuition Reimbursement
- Wellness Program
- Fun company sponsored events
- And so much more!