Crum & Forster Company Overview
Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.
Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.
C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.
Job Description
An Executive Subrogation Specialist identifies, evaluates, and concludes multi line subrogation, contribution, and collection files within the delegation of authority guidelines to maximize the recovery of the company’s loss payments and expenses from responsible third parties and collect on insured’s contractual obligations. The Executive Subrogation Specialist also has the responsibility to work with front line claim staff to achieve the highest possible dollar return. The position requires strong analytical and investigative skills as well as multi-jurisdictional subrogation experience. This person is responsible for directing supplementary investigations, analyzing data, resolving claims and deductible collections by working with the C&F front line claim professional, TPAs, insureds, attorneys, vendors and other strategic internal and external business partners and insurance carriers.
What you will do for C&F:
Receives assignment of new/reassigned recovery files when appropriate, bringing them to conclusion through investigation, negotiation, and/or litigation.
Researches or directs the applicable legal issues relative to making an assessment as to subrogation viability and collection actions. Prepares reports, documents claim files and assures appropriate and timely cost benefit analysis of recovery.
Provides technical assistance/training and direction to C&F staff on specialized subrogation handling techniques, disposition of salvage, negotiation, collection, and legal matters.
Receives assignments of special projects requiring the collection and analysis of data, and assembly of information for presentation to internal and external contacts.
What you will bring to C&F:
- Strong work ethic, professionalism, ability to recognize and articulate complex claims/theories of liability, as well strong collaboration ability-assisting with the triage/ assignment of new referrals, mentoring both internal and external business partners, assuming new roles when needed.
- Bachelor’s Degree with 6-10 years of claim related or subrogation/liability claims experience. Preferred State Adjuster licenses.
- A candidate for this position is likely to possess a bachelor’s degree with 6-10+ years of claim/recoveries and/or collection experience who have proven their multi-jurisdictional and multi-line expertise in the field.
Independent worker
PC literate, including Microsoft Office and Excel
Ability to work in a team environment
- Strong analytical skills
Motivated and results driven
Possess and demonstrates good interpersonal skills, both verbal and written, on a consistent basis.
Customer Service oriented
Excellent verbal and written communication skills
Superior time management skill set
Exceptional negotiations skills
Strong presentation ability
Prior management experience preferred however will strongly consider candidates with a desire and aptitude to manage
What C&F will bring to you
- Competitive compensation package
- Generous 401K employer match
- Employee Stock Purchase plan with employer matching
- Generous Paid Time Off
- Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
- A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
- A dynamic, ambitious, fun and exciting work environment
- We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community
At C&F you will BELONG
If you require special accommodations, please let us know. We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodations, please let us know
For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.
Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $64,700.00 to a maximum of $121,600.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.
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