Recovery Adjuster Ii

Description:

Job Responsibilities

• Determine subrogation/salvage amounts applicable and payable, and ensure appropriate reserving
• Identify and pursue avenues of recovery
• Manage the recovery process on claim files in a proactive manner
• Negotiate settlement with insureds, claimants, lawyers, vendors and insurance companies
• Coordinate services with vendors and service providers
• Attend legal proceedings in the course of subrogation litigation handling if required
• Maintain accurate records based on company standards and policies within the claims system
• Remain up-to-date with relevant legislative changes and trends in the insurance industry
• Perform other duties as assigned

Qualifications

• 2+years insurance adjusting experience
• Working toward Chartered Insurance Professional (CIP) designation
• Effective customer service skills including empathy and concern for our customers
• Excellent communication skills, both written and oral
• Excellent investigative and analytical skills
• Highly proficient time management and organizational skills with the ability to prioritize work in a fast paced, changing environment
• Detail oriented with a critical degree of accuracy regarding data entry
• Excellent negotiation skills
• College/University degree is preferred