Subrogation Advocate

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Requirements:

• Strong understanding of commercial property and liability insurance policies.
• Knowledge of relevant state and federal subrogation laws.
• Knowledge of construction methods is beneficial.
• Proven ability to communicate effectively and negotiate with stakeholders.
• Detail-oriented with a strong analytical approach.
• Bachelor's degree in Business, Insurance, or a related field is preferred.
• Minimum of 3+ years in subrogation with focus on commercial property claims handling or general liability assessment.
• Familiarity with claims management and subrogation software; experience with Xactimate or similar estimation tools is essential.
• Candidates must have, or be able to promptly obtain, any and all appropriate Independent Adjuster License(s).

Responsibilities:

• Conduct thorough investigations to identify liable third parties and assess the potential for subrogation recovery.
• Initiate, document, and manage all aspects of subrogation cases from identification through final resolution.
• Lead negotiations with third parties, their insurers, and legal representatives to achieve optimal recovery outcomes.
• Work alongside claims adjusters to identify subrogation opportunities within ongoing and closed commercial property and liability claims.
• Maintain detailed and organized records of all subrogation activities, including recovery amounts, legal actions, and negotiation outcomes.
• Review and interpret policy language to ensure recovery efforts align with company policies and relevant legal requirements.
• Engage and coordinate with external recovery specialists, attorneys, and investigators as needed to enhance recovery efforts.