Recovery Claims Representative

Company Details

"Our Company provides a state of predictability which allows brokers and agents to act with confidence."Founded in 1967, W.

R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.Along the way, we've been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments:

Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W.

Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

The Company is an equal employment opportunity employer.

Responsibilities

We are seeking an experienced subrogation professional. The candidate for this position will be responsible for investigating, negotiating, and resolving, primarily, auto physical damage subrogation claims.

• Conduct thorough investigations to determine liability and subrogation potential.• Gather evidence and collaborate with internal and external parties to build a strong subrogation case.• Negotiate settlements with responsible parties, insurance carriers, and other stakeholders to recover funds for the company.• Provide guidance and support to claims adjusters and other team members in subrogation-related matters.• Maintain accurate documentation and records of all subrogation activities, including correspondence, negotiations, and settlements.• Stay updated on industry trends, regulations, and best practices related to subrogation claims handling.• Collaborate with legal counsel and participate in arbitration and other legal proceedings as needed.• Utilize the E-Subro Hub and Arbitration Forums system to resolve subrogation claims where possible.

Qualifications

• Knowledge of Tort Law and Arbitration Forums' Rules and Regulations.• Knowledge of bodily injury and property damage claims.• Strong written and oral communication skills.• Ability to deal tactfully and courteously with claimants, insurance representatives, and attorneys.• Ability to analyze facts and exercise sound judgment in arriving at conclusions.• Ability to organize, prioritize, and manage multiple tasks in a fast-paced environment.• Ability to keep pace with a high volume of work.• Proficient with Adobe, Word, Excel, and Outlook.

Education Requirement

• High school diploma, bachelor's degree preferred.• Two years claim adjusting or subrogation handling experience.• Completion of, or working toward, AIC, CPCU, SCLA, CSRP or similar designation preferred.

Responsibilities We are seeking an experienced subrogation professional. The candidate for this position will be responsible for investigating, negotiating, and resolving, primarily, auto physical damage subrogation claims. • Conduct thorough investigations to determine liability and subrogation potential. • Gather evidence and collaborate with internal and external parties to build a strong subrogation case. • Negotiate settlements with responsible parties, insurance carriers, and other stakeholders to recover funds for the company. • Provide guidance and support to claims adjusters and other team members in subrogation-related matters. • Maintain accurate documentation and records of all subrogation activities, including correspondence, negotiations, and settlements. • Stay updated on industry trends, regulations, and best practices related to subrogation claims handling. • Collaborate with legal counsel and participate in arbitration and other legal proceedings as needed. • Utilize the E-Subro Hub and Arbitration Forums system to resolve subrogation claims where possible.