CA Subrogation Specialist II

CA Subrogation Specialist II

The Subrogation Specialist identifies subrogation potential within company standards and best practices, and handles recovery for Workers Compensation and Property/Auto damage. This role prepares lien notice letters, negotiates settlements, and provides customer service to all stakeholders. This is a remote position.

Essential Functions & Responsibilities:

• Identify subrogation potential based on facts of loss, working closely with Workers' Compensation Claims Specialists or Liability Claims Specialists (property/auto)
• Contact liability insurance carriers or third-party attorneys to negotiate settlements
• Identify at fault parties and send lien notice letters of recovery rights via mail/email
• Maintain diary to follow up on claims status and Third Party settlements
• Negotiate recovery of clients' damages
• Communicate claim status with claimant and clients' risk management
• Adhere to client guidelines & participate in claim reviews as needed
• Develop & maintain professional customer relationships
• Manage a queue of claims with a 250-300 claim volume
• Assist management in filing Inter-Company Arbitration
• Research, analyze, and interpret nationwide subrogation laws
• Complies with all safety rules and regulations during working hours in conjunction with the Injury and Illness Prevention Program ("IIPP")
• Additional duties as assigned

Knowledge & Skills:

• Excellent written and verbal communication skills
• Working knowledge of Microsoft Office (Word, Excel)
• Effective analytical and interpretive skills
• Strong organizational skills
• Ability to work independently and in a team environment
• Ability to negotiate settlement over the phone

Education & Experience:

• Four-year degree at an accredited college or university preferred
• Experience in workers comp subrogation or auto damage subrogation preferred; experience in PIP/Med Pay subrogation will also be considered

Pay Range: $21.10 - $31.56 per hour

CorVel, a certified Great Place to Work Company, is a national provider of industry-leading risk management solutions for the workers' compensation, auto, health and disability management industries. CorVel was founded in 1987 and has been publicly traded on the NASDAQ stock exchange since 1991. Our continual investment in human capital and technology enable us to deliver the most innovative and integrated solutions to our clients. We are a stable and growing company with a strong, supportive culture and plenty of career advancement opportunities. Over 4,000 people working across the United States embrace our core values of Accountability, Commitment, Excellence, Integrity and Teamwork (ACE-IT!).

A comprehensive benefits package is available for full-time regular employees and includes Medical (HDHP) w/Pharmacy, Dental, Vision, Long Term Disability, Health Savings Account, Flexible Spending Account Options, Life Insurance, Accident Insurance, Critical Illness Insurance, Pre-paid Legal Insurance, Parking and Transit FSA accounts, 401K, ROTH 401K, and paid time off.

CorVel is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.