Adverse Subrogation Claims Representative

Plymouth Rock Assurance•Parsippany-Troy Hills, NJ

9d•$50,000 - $74,500

About The Position

Join Plymouth Rock Assurance, a dynamic leader in the insurance industry, as an Adverse Subrogation Claims Representative. We are seeking a seasoned professional to independently investigate, pursue, and recover monies from parties responsible for losses sustained by our insureds. As part of our team, you'll play a pivotal role in facilitating prompt collection and maximizing recovery. Your responsibilities will include assessing liability, negotiating settlements, and enhancing our processes with your expertise.

Requirements

Proficiency in Microsoft Office Suite products and computer skills.
3 to 5+ years of experience handling auto comparative negligence claims.
Ability to obtain state licenses when required.
Strong customer service, organizational, verbal, and written communication skills

Nice To Haves

Working knowledge of the inter-company arbitration process is advantageous.
Certification from Arbitration Forums is a plus.
Bachelor’s degree or equivalent combination of education and experience.
Pursuing an insurance designation is beneficial but not mandatory.

Responsibilities

Analyze investigations to make liability assessments, including reviewing first and third-party statements, witness testimonies, scene photos, and other relevant data.
Evaluate proximate cause, negligence, and damages to adjust reserves accordingly.
Negotiate and settle claims within your authority, seeking guidance from supervisors when necessary.
Maintain an effective follow-up system on pending files and prioritize tasks efficiently.
Act as an intermediary between the company, preferred vendors, customers, insureds, and claimants.
Utilize Adverse Stream system for case management and maintain an active diary management system.
Respond to and draft arbitration contentions, with a willingness to become certified as an arbitrator.
Adhere to privacy guidelines, laws, and regulations pertaining to claims handling.
Scrub adverse carrier proofs to secure optimal settlements, collaborating with appraisal staff or Hyper Quest as needed.

Benefits

4 weeks accrued paid time off + 9 paid national holidays per year
Free onsite gym at our Boston Location
Tuition Reimbursement
Low cost and excellent coverage health insurance options that start on Day 1 (medical, dental, vision)
Robust health and wellness program and fitness reimbursements
Auto and home insurance discounts
Matching gift opportunities
Annual 401(k) Employer Contribution (up to 7.5% of your base salary)
Various Paid Family leave options including Paid Parental Leave
Resources to promote Professional Development (LinkedIn Learning and licensure assistance)
Convenient location directly across from South Station and Pre-Tax Commuter Benefits