Subrogation Claims Rep (I/II)

Reposted 6 Days Ago
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Trenton, NJ, USA
In-Office
51K-74K Annually
Junior
Insurance
The Role
Investigate, evaluate, and negotiate subrogation claims to recover payments from liable parties or insurers. Process recoveries, issue deductible payments, communicate with policyholders, and follow company guidelines and state negligence laws while meeting department procedures and metrics.
Summary Generated by Built In

The Subrogation Claims Rep is responsible for analyzing and conducting investigation of all assigned files for recovery and resolution of subrogation claims utilizing effective negotiation skills of liability and damage disputes.

Hours: Monday to Friday 8:15AM- 4:30PM (Hours can vary depending on start time). This position requires you to work out of our West Trenton, NJ office. This role is hybrid working 3 days in office and 2 days from home once training is completed.

Salary: The level and salary is commensurate with direct experience and credentials.

  •  Level I - $51,120 - $59,331 annually based on experience
  •  Level II - $58,737 - $74,031 annually based on experience

Responsibilities:

  • Receive and process subrogation claims, seeking recoveries from adverse parties and/or their insurance carriers.
  • Thoroughly review, evaluate and investigate subrogation claims to obtain necessary information for prompt resolution.
  • Negotiate subrogation claims and resolve liability and/or damage disputes for successful recoveries.  Efficiently credit recovery checks and issue deductible payments to our insured.
  • Claims are settled and negotiated based on company guidelines and applicable state negligence laws.
  • Professionally respond and communicate on all subrogation related issues.
  • Provide excellent customer service to our policyholders.
  • Comply with department procedures and metrics.

Required Qualifications:

  • Level I - Customer service experience or experience interacting with the public in a professional setting is required or Bachelor's degree
  • Level II - Minimum 2 years with Property Damage, Auto Claims, or Subrogation experience.
  • Excellent verbal and communication skills
  • Requires strong oral and written communication skills
  • Technical aptitude, including working knowledge with Microsoft Office
  • Ability to work in a fast-paced, high volume environment
  • Must be detail oriented, organized and possess strong time management skills
  • Multi-tasking, problem-solving and strong decision-making skills.
  • Ability to think critically, use resources and seek answers
  • Ability to work remotely with excellent time management, self-discipline, and organizational skills

Preferred Qualifications:

  • License to adjust claims in Texas or Connecticut is a plus
  • Knowledge of Claims or Personal Lines are a plus

Compensation: Salary is commensurate with experience and credentials.

Pay Range: $51,121-$59,332

Eligible full-time employees receive a competitive Total Rewards package, including but not limited to a 401(k) with employer match up to 8% and additional service-based contributions, Health, Dental, and Vision insurance, Life and Disability coverage, generous PTO, Paid Sick Leave, and paid parental leave in addition to state-mandated leave. Employees may also be eligible for discretionary bonuses.

Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

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The Company
HQ: West Trenton, NJ
1,929 Employees
Year Founded: 1913

What We Do

NJM is among the Mid-Atlantic's leading property and casualty insurers. Founded in 1913, NJM's mission is to provide value-based insurance solutions to its policyholders with the highest levels of service, integrity, and financial stewardship. The Company operates in a mutual fashion for the exclusive benefit of its policyholders. Headquartered in West Trenton, NJ, with offices in Hammonton and Parsippany, NJM employs nearly 2,500 workers. - 2019-2023 Forbes Best In-state Employer (Ranked #11 out of 89 NJ employers in 2023) - 2018, 2019, 2020, 2021, certified by J.D. Power for providing "An Outstanding Auto Claims Experience" for personal lines customers* - 2018, 2019, & 2020 Clearsurance Customers’ Choice Top Ranked Insurance Companies - 2021 American Heart Association Gold Level Workplace Health Achievement - 2020 American Heart Association Silver Level Workplace Health Achievement - 2019 Forbes Best Mid-size Employers in the country *J.D. Power Auto Claims Certification Program℠ recognition is based on successful completion of an audit, exceeding a customer experience benchmark through a survey of recent claims servicing interactions, and a Financial Strength rating. For more information, visit jdpower.com.

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