Subrogation Specialist

IAT Insurance Group • Full-time • Sarasota, Florida, United States • 1d ago

The Claims Business Unit within IAT Insurance Group has an immediate opening for Subrogation Specialists that can be located in any of the following locations:

FL Sarasota
GA Alpharetta
IL Naperville
IL Rolling Meadows
NC Raleigh
NE Omaha

This role works a hybrid schedule out of one of the above listed IAT offices. The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working Thursday and Friday remotely.

The Subrogation Specialist is responsible for pursuing contribution, credit to loss and subrogation claims for various departments throughout the organization, including specialty, general liability, auto, homeowners, commercial transportation, commercial property, workers compensation, and cargo.

Responsibilities:

Handle subrogation claims according to regulatory and statutory requirements.
Prepare and submit demands to appropriate parties.
Communicate with internal and external partners regarding status of subrogation.
Evaluate recovery potential and take appropriate action in support of recovery strategy.
Monitor and allocate subrogation proceeds accordingly.
Performs other duties as assigned.

Qualifications:

Must have:

Bachelors’ degree or equivalent and 5+ years of related experience
Equivalent is defined as 9+ years of professional experience.
Strong skills in Microsoft Office, including Word & Excel.
Excellent oral and written communication skills.
Ability to organize, multi-task and prioritize work.
Excellent logical reasoning and divergent thinking skills.
Ability to analyze data, utilize sound judgment to draw conclusions and make supported decisions.
Be authorized to work in the United States and must not require VISA sponsorship, now, or in the future.

Preferred to have:

Insurance, collections, financial, customer service or hospitality experience.
Knowledge of auto, general liability, products liability and workers compensation insurance.
Experience working for a Property & Casualty carrier handling subrogation claims.
Experience working for a Property & Casualty carrier handling cases with Arbitration Forums.

Our Culture

IAT is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.

At IAT, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.

We offer comprehensive benefits like:

26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
7% 401(k) Company Match and additional Profit Sharing
Hybrid work environment
Numerous training and development opportunities to assist you in furthering your career
Healthcare and Wellness Programs
Opportunity to earn performance-based bonuses
College Loan Assistance Support Plan
Educational Assistance Program
Mentorship Program
Dress for Your Day Policy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

Compensation:

Please note, that the annual gross salary range associated with this posting is $70,400 – $95,000. This range represents the anticipated low and high end of the base salary for this position. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits