Subrogation specialists are responsible for opening, validating, and closing a variety of claims and associated responsibilities, including independently judging the viability and projected yield of claims. They must also prepare relevant case files, legal documents, and correspondence and continue the investigation and adjustment of claims.
Types of claims can vary from consumer, carrier, and property to auto and medical. Independence and time-management skills are necessary in this position, and negotiating skills are also beneficial to clearly communicate with clients, associates, and adjusters. Many subrogation specialists work with subrogation counsel and review litigation materials, and they also work with district and state attorneys' offices, probation officers, and circuit clerks to reclaim funds. They must be familiar with all state and federal liability statutes and have experience working with witnesses and related parties to obtain statements. Courtesy and tactfulness through clear articulation are highly beneficial, and many subrogation specialists have experience charting records and a diary system for each claim.
Basic typing and computer skills are essential in this position, and there may occasionally be light lifting of no more than 15 pounds. A bachelor's degree is often required for this position, and subrogation specialists usually work full-time and report directly to a supervisor or manager. Ongoing training seminars may be recommended. State and claims certifications are required, and Xactimate certification is beneficial but not required.
Subrogation Specialist Tasks
Examine insurance claims to identify potential third party liability.
Educate clients regarding their subrogation rights and solicit from then necessary filings for ongoing proceedings.
Understand the subpoena and legal filing statutes as applies within your jurisdiction and be able to make said filings.
Contact and negotiate settlements with third party carriers and lawyers.