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Subrogation Specialist (Bothell)

National Service Bureau

Subrogation Specialist (Bothell)

Bothell, WA
Full Time
Paid
  • Responsibilities

    National Service Bureau has been a premier location for Subrogation professionals in the Pacific Northwest Since 1986. We offer an excellent work environment, guaranteed base wage and commissions paid twice monthly. Our agents are some of the highest earning collections professionals in the Pacific Northwest! We are seeking to interview experienced Subrogation specialists.

    The Subrogation specialist is tasks include:

    Identify claims with viable subrogation, analyze and evaluate all evidence and facts, and proactively pursue subrogation recoveries to resolution. This includes direct contact and negotiations with the claimants insurance carrier and their assigned adjustor and team members.

    Fundamental Operations Include:

    Analyze and evaluate all evidence and facts necessary to determine the most cost effective pursuit of subrogation recoveries; make initial demand for payment of subrogation claims upon third party insurance carriers, uninsured consumers, and commercial enterprises.

    Keep Company, informed on subrogation status; proactively respond to correspondence and telephone calls from claimants, third parties, claimant’s counsels, defense counsels, and business units regarding company’s subrogation rights

    Close files for potential cases with Arbitration Forums

    Analyze and assess the value of assigned subrogation cases for anticipated negotiation, and determine settlement value range and best negotiation strategies within client and company guidelines

    Respond timely to settlement offers; negotiate settlement with involved parties and document terms of settlement and basis for recovered amounts

    Skip Tracing and locating involved claim participants in-order to effectively direct recovery efforts. A track record of success in Skip Tracing is A Key Fundamental to this position. Previous work with industry standard skip tracing software is a sincere advantage for an applicant

    Filing for the suspension of claimants operating license when support by state law

    monitoring and updating database regarding active and defaulted payment arrangements

    Manage a standing route of business of ~250 active files in subrogation

    Professionally and effectively perform collections calls to identified liable claimants

    This is not assembly line collections! Our Subrogation Specialist must be able to manage their time and book of business exceedingly well over the course of the day. The ability to de-escalate conflict, multitask, and operate with attention to detail is a requirement. Our agency is a compliant office working within the confines of the various state and federal regulatory commissions. The Subrogation Specialist must be fluent with and versed in all Insurance Industry standards and terminology and practices in-order to be able to perform the basics of this position.

    We are located in Bothell and are offering a Monday - Friday 8am-5pm schedule. We offer: Base Wage (D.O.E) Commissions Paid Twice Monthly! Health Dental Vision Paid vacation

    See us online @ http://www.nsbi.net/about-nsb